每經AI快(kuai)訊，華(hua)泰睿思研報指(zhi)出(chu)，根據統計(ji)(ji)的63家A/H公司，2Q23電子板(ban)(ban)塊收(shou)入(ru)同(tong)(tong)比下降(jiang)2.8%，環比增長5.0%；歸母凈利潤同(tong)(tong)比下降(jiang)7.7%，降(jiang)幅較1Q23（-27.2%）收(shou)窄，環比增長43.5%。子板(ban)(ban)塊方面(mian)，半導體設備(bei)（收(shou)入(ru)+36.9% yoy，利潤+76.2% yoy）表現(xian)較好(hao)，設計(ji)(ji)、代工、面(mian)板(ban)(ban)、被動元(yuan)件業績同(tong)(tong)比仍然承壓，環比出(chu)現(xian)不(bu)同(tong)(tong)程(cheng)度改善。終端(duan)角度，Q2下游需(xu)求出(chu)現(xian)緩慢復蘇，可穿(chuan)戴同(tong)(tong)比回暖、手機/PC出(chu)貨量同(tong)(tong)比下滑、其他需(xu)求不(bu)足。我們認(ren)為(wei)需(xu)求不(bu)足是制約行業復蘇的重(zhong)要(yao)原因，建議關注華(hua)為(wei)Mate 60/iPhone15新品對于終端(duan)需(xu)求的拉動效果。