Internet + craze swept the market, but our military semiconductor and virtual show last week two performance far exceeds the gold market, virtual display related targets to harden on Friday. Military semiconductor and virtual reality industry chain has a theme, growth, big prices non-stop all the year round. Golden dragon has gained three times, dahua, hai kang, song also doubled, basic military semiconductor plate has reached doubled over the past two months. From the perspective of hardware we think 1, smart phones, the wave of the end is the beginning of the intelligent hardware big wave, to the virtual display, auto intelligent, wearable and smart home, in the market for consumer electronics applications such as robotics, military industry and automobile industry, the importance of the hardware will be more and more high, from 0 to 1 in these areas, provide vast space for hardware company; 2, a batch of hardware enterprise began to brand direction, yourself and integration are two paths, each path has its own pattern, in the layout; 3, a group of hardware companies to expand overseas, integration of the United States, Europe and Taiwan advanced technology, the trend is irreversible (last year we electronic "left, right," at the bottom of the report is one of the important logical); 4, a batch of hardware companies begin to integrate the Internet technology and the company, the school of science living to learn liberal arts, not learn can't, may learn better. After the market value of billions, lack of digging, lack of technology integration technology, lack of channels and Internet companies open the channels of cooperation, integration of resources ability is the core ability. Based on the four o 'clock, we continue to watch the hardware industry chain and intelligent hardware big wave, only recommend the best three industrial chain of virtual reality, military semiconductor and smart car. Key recommendation and attention: virtual reality and intelligent video: song, acoustics, Angola, holding auditions, dahua shares, lida three Ann photoelectric photoelectric, military industry and semiconductor: combination of datang telecom, CEC (Shanghai Mr Bei, wide power tong, zhenhua in the science and technology, the Great Wall computer), tongfang core, big state science and technology, ntu photoelectric apple industry chain: wanda jinlong electromechanical, hin 1 + X platform enterprises: yan wanda jinlong, long surplus precision, south China university of technology science and technology, mechanical and electrical, holding auditions smart cars and car electronics: jianghai co, datang telecom, south China university of technology of science and technology, state science and technology, hin wanda market review last week: electronic plate price 6.35% last week, beat the csi 300 index 8.59%, up 107.43% since the beginning of, beat the csi 300 index 70.44%. Last week in the semiconductor, components, optical photoelectron industry, other electronics, electronics manufacturing, applies respectively 5.02%, 11.38%, 7.05%, 11.38% and 4.92%.