The global optical imaging market is witnessing continuous technological developments and product innovations. The Americas was the major revenue contributor to the global optical imaging market in 2016, with the US dominating the market in the region. It was followed by EMEA. There is, however, a huge opportunity for the market in APAC to rise at a faster rate and increase its revenue contribution during the forecast period.

As the data over a fiber-optic network is transferred using light, the speed offered is immense when compared to the copper network infrastructure. The electrons used in copper wires travel at less than 1% of the speed of light, whereas photons used in fiber-optic connections travel at approximately 70% of the speed of light.

A sensor is a device that measures or responds to physical changes in the environment and converts the signals appropriately. Sensors that use magnetic fields to sense changes in the environment are known as magnetic field sensors. The applications for magnetic sensors mainly include speed sensing, motion sensing, and direction sensing. These sensors have found application in different sectors such as the automotive, wireless and consumer electronics, industrial, military, energy, medical, and data processing. Non-optical sensors essentially measure forms of mechanical stress over the subjects and do not use light as a medium.

OLED is a carbon-based diode, which is placed between a cathode and an anode. It produces light when electricity is passed through the conductors, namely the cathode and the anode. Unlike LCD, the OLED display technology does not require backlight and filters as the light emitted from the OLED is sufficient for a bright display. This makes the OLED display more energy efficient compared to its LCD counterparts. The OLEDs are made with different layers of carbon-based films to emit light, where the number of layers depends on the display requirement. The standard number of layers is three, consisting of red, blue, and green (RGB) colors. A fewer number of display layers and space saved by removing the backlight makes the OLED display panels not only sleek but also has the benefit of enhanced picture quality on screen.

With the developments in the orthopedic market, there has been an emergence of product offerings, which facilitate robotic and computer-assisted surgeries. Such products are gaining traction due to the increase in the demand for musculoskeletal disorders across all the age groups, and the increased demand for procedures that enhance precision and eliminate any revisions. As opposed to open surgeries, the forecast period is expected to see a burgeoning demand for minimally invasive surgeries (MIS), which improve functional outcomes and reduce recovery times and hospital stays for patients.

2017 年沪深 300 指数上涨 22.75%，通信板块整体下跌 5.86%，其中通信设备子板块下跌 5.17%，通信运营子板块下跌 9.35%。通信行业跑输沪深 300 指数28 个百分点，其中通信运营子板块表现相对弱势，主要是中国联通削弱了通信板块的整体趋势。

过去一周，上证综指涨幅（ 0.31% ），创业板指涨幅（ -1.50% ），中小板指涨幅（-0.79% ）；海通5G板块涨幅为（-4.18%），海通物联网板块涨幅为（0.78%）。2017年全年，海通国内5G板块涨幅62.68%，跑赢沪深300指数40.91个百分点；物联网板块涨幅（-12.24%），由于估值及市场风格原因表现低于大盘。

大陆迎来晶圆厂投建大潮，带来巨量半导体设备需求 2016 年下半年开始，全球半导体行业迎来新一轮景气周期，行业销售同比增 长 20%，全年大概率突破 4000 亿美元。叠加半导体行业向中国转移的趋势， 中国大陆将迎来晶圆厂的投建大潮，预计 2017-2020 年将至少新建 26 座晶圆 厂，带来庞大的半导体设备需求。 半导体生产过程复杂，

移动通信运营商的主营业务已从早期的语音业务为主演变为移动数据业务为主的时代，用户基数低的运营商中，网络数据服务被阻塞的概率更小，上网速率也大概率更高，这会为目前用户数少的运营商提供强劲的增长支撑；同时异网漫游和携号转网政策的推出也对目前用户数少的运营商有利。对中国联通来说，还有创新业务带来的增长机会。 

电子车牌技术可行性研究从2010年就开始，因涉及国家资源与个人信息安全，应具有自主知识产权并安全可控，相关标准研究与制定历时较久，终于在2017年12月29日，国标委发布了电子车牌系列重要标准，标志着电子车牌从试点到有望全国推广的政策落地。

本周全国工业和信息化工作会议，预计 2017 年全年软件和信息化技术服务业收入增长 14%，电信业务总量增长 69%，互联网行业收入增长 40%。

2015 年底中央经济工作会议开始将供给侧改革正式提上日程，与煤炭和钢铁行业通过严厉的行政手段化解过剩产能不同，化工细分子行业众多，产能较为分散，因此通过环保约束来化解过剩产能是重要手段。

通信板块上周随着大盘继续下跌，跌幅相对于上周有明显扩大，市场信心继续承压。我们对后市持谨慎乐观态度，建议关注两个子版块：一是 5G 核心设备商、光通信设备商、光纤光缆供应商等低估值白马品种，随着 5G NR 标准的确定，通信设备厂商将率先受益，预计通信网络、基站建设、通信终端、行业应用将相继受益于 5G 的发展。二是“数据流量红利”标的，继中国联通开展混改之后，中国电信和中国移动相继完成公司制改制。