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希菟
2021-12-08
$老虎证券(TIGR)$
病猫什么时候变猛虎啊🤔
希菟
2021-12-03
$老虎证券(TIGR)$
病猫什么时候醒来
希菟
2021-11-30
玩的厉害啊,又是盘前📈,开盘就📉
希菟
2021-11-15
$小鹏汽车(XPEV)$
什么时候大鹏展翅啊
希菟
2021-11-10
$SOS Limited(SOS)$
什么情况[汗颜]
希菟
2021-11-08
这篇文章不错,转发给大家看看
@小虎活动:[Halloween Game] Trade or Treat!
希菟
2021-11-07
这篇文章不错,转发给大家看看
@小虎活动:[Halloween Game] Trade or Treat!
希菟
2021-11-06
这篇文章不错,转发给大家看看
@小虎活动:[Halloween Game] Trade or Treat!
希菟
2021-11-06
这篇文章不错,转发给大家看看
@小虎活动:[Halloween Game] Trade or Treat!
希菟
2021-11-01
$小鹏汽车(XPEV)$
难道又是昙花一现[流泪]
希菟
2021-10-20
$小鹏汽车(XPEV)$
为什么隔壁理想蔚来都在涨、你却跌
希菟
2021-10-13
$老虎证券(TIGR)$
每天盘前涨,开盘就跌[喷血]
希菟
2021-10-01
$老虎证券(TIGR)$
脸呢,不要啦
希菟
2021-09-14
病猫啊,什么时候能虎起来呢
希菟
2021-09-07
据悉今天,小鹏汽车官方宣布,生态企业[鹏行智能]携全球首款可骑乘智能机器马正式亮相。image该智能机器马基于小鹏汽车生态企业--鹏行智能创新的四足机器人架构设计,具备环境多维感知、敏捷稳定运动以及智能情感交互能力,希望成为“小鹏友的第一个智慧交通工具"。机器马采用创新性的机体与关节设计,拥有独具一格的小马造型与自然优雅的行走步态。image机器马拥有汽车级别的智能驾驶系统,可通过摄像头、激光雷达识别环境与对象,构建地图、规划路径,具备自主运动、目标跟随、自动避障等功能。机器马拥有强大语音交互、人脸与声纹识别能力,可通过脸部屏幕表达情感,并拥有触觉感知。机器马拥有独家的骑乘驾驶系统与安全周详的骑乘配件,可满足小朋友的骑乘需求化身“小鹏友的第一个智慧交通工具”image机器马搭配专用的装载配件,在你取货、逛街、夜跑、远足时随时随地提供托运功能。机器马能够合理安排充电计划,在电量不足时,自主回到充电座上补给。小鹏汽车董事长何小鹏表示,如果说智能汽车是智能智造的皇冠,那么智能机器人将是机器智能的皇冠。
希菟
2021-09-07
据悉:据接受日经亚洲(Nikkei Asia)采访的消息人士称,苹果将需要为其设备中的芯片支付更多费用,并可能将不断上升的成本转嫁给客户。image在全球芯片供应短缺导致行业普遍通胀之后,苹果主要芯片供应商台积电(TSMC)正在提价。该公司计划的提价据说是10年来最大幅度的芯片提价。台积电的芯片已经比其直接竞争对手的芯片贵了20%左右,但由于材料和物流成本上升,规模较小的代工厂也已经提高了自己的价格,台积电承诺在未来三年内进行1000亿美元的新投资,这促使该公司提高价格,以维持溢价,并将这些增加的成本转嫁给客户。据报道,台积电还热衷于阻止客户订购超过需要的芯片,希望获得生产线空间和来自代工芯片制造商的额外支持。在10月1日涨价正式生效之前,客户将需要就制造的具体条款进行谈判。该公司仍在处理现有订单,这意味着当产能扩大和现有订单完成后,明年价格上涨的影响将更加明显。消息人士对日经表示,高通等芯片开发商将把台积电涨价转嫁给苹果等设备制造商。台积电还直接向苹果供应A14和M1等芯片。预计这将对智能手机和电脑等设备的零售价格产生“显著影响”。据猜测,消费电子品牌明年将提高高端机型的零售价,以抵消对中端和入门级设备的影响。上月底,DigiTimes报道称,由于芯片成本增加,iPhone 13系列产品价格更高,这些涨价可能会比预期的更早。
希菟
2021-08-28
联手骗韭菜,哎……花旗啊,不厚道
抱歉,原内容已删除
希菟
2021-08-26
可是股价在下跌😂
小鹏汽车Q2营收37.61亿元,超市场预期
希菟
2021-08-26
扶不上墙的阿斗
抱歉,原内容已删除
希菟
2021-08-25
👍🏼
台积电凭什么成为亚洲股王?
去老虎APP查看更多动态
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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842214702,"gmtCreate":1636180891222,"gmtModify":1636180891300,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"这篇文章不错,转发给大家看看","listText":"这篇文章不错,转发给大家看看","text":"这篇文章不错,转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842214702","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! 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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842215746,"gmtCreate":1636180787949,"gmtModify":1636180788085,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"这篇文章不错,转发给大家看看","listText":"这篇文章不错,转发给大家看看","text":"这篇文章不错,转发给大家看看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842215746","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! 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Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1724,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849447482,"gmtCreate":1635775384077,"gmtModify":1635775384077,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a>难道又是昙花一现[流泪] ","listText":"<a href=\"https://laohu8.com/S/XPEV\">$小鹏汽车(XPEV)$</a>难道又是昙花一现[流泪] 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href=\"https://laohu8.com/S/TIGR\">$老虎证券(TIGR)$</a>脸呢,不要啦","text":"$老虎证券(TIGR)$脸呢,不要啦","images":[{"img":"https://static.tigerbbs.com/6e3a678b8a611ec0a310ad3d92dd4c30","width":"1125","height":"3054"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864666255","isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":886162544,"gmtCreate":1631576141588,"gmtModify":1631889381777,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"病猫啊,什么时候能虎起来呢","listText":"病猫啊,什么时候能虎起来呢","text":"病猫啊,什么时候能虎起来呢","images":[{"img":"https://static.tigerbbs.com/866e007ff4907836d4a252572c5ba8e9","width":"1125","height":"3067"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/886162544","isVote":1,"tweetType":1,"viewCount":947,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":880337819,"gmtCreate":1631018801231,"gmtModify":1631884174792,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"据悉今天,小鹏汽车官方宣布,生态企业[鹏行智能]携全球首款可骑乘智能机器马正式亮相。image该智能机器马基于小鹏汽车生态企业--鹏行智能创新的四足机器人架构设计,具备环境多维感知、敏捷稳定运动以及智能情感交互能力,希望成为“小鹏友的第一个智慧交通工具\"。机器马采用创新性的机体与关节设计,拥有独具一格的小马造型与自然优雅的行走步态。image机器马拥有汽车级别的智能驾驶系统,可通过摄像头、激光雷达识别环境与对象,构建地图、规划路径,具备自主运动、目标跟随、自动避障等功能。机器马拥有强大语音交互、人脸与声纹识别能力,可通过脸部屏幕表达情感,并拥有触觉感知。机器马拥有独家的骑乘驾驶系统与安全周详的骑乘配件,可满足小朋友的骑乘需求化身“小鹏友的第一个智慧交通工具”image机器马搭配专用的装载配件,在你取货、逛街、夜跑、远足时随时随地提供托运功能。机器马能够合理安排充电计划,在电量不足时,自主回到充电座上补给。小鹏汽车董事长何小鹏表示,如果说智能汽车是智能智造的皇冠,那么智能机器人将是机器智能的皇冠。","listText":"据悉今天,小鹏汽车官方宣布,生态企业[鹏行智能]携全球首款可骑乘智能机器马正式亮相。image该智能机器马基于小鹏汽车生态企业--鹏行智能创新的四足机器人架构设计,具备环境多维感知、敏捷稳定运动以及智能情感交互能力,希望成为“小鹏友的第一个智慧交通工具\"。机器马采用创新性的机体与关节设计,拥有独具一格的小马造型与自然优雅的行走步态。image机器马拥有汽车级别的智能驾驶系统,可通过摄像头、激光雷达识别环境与对象,构建地图、规划路径,具备自主运动、目标跟随、自动避障等功能。机器马拥有强大语音交互、人脸与声纹识别能力,可通过脸部屏幕表达情感,并拥有触觉感知。机器马拥有独家的骑乘驾驶系统与安全周详的骑乘配件,可满足小朋友的骑乘需求化身“小鹏友的第一个智慧交通工具”image机器马搭配专用的装载配件,在你取货、逛街、夜跑、远足时随时随地提供托运功能。机器马能够合理安排充电计划,在电量不足时,自主回到充电座上补给。小鹏汽车董事长何小鹏表示,如果说智能汽车是智能智造的皇冠,那么智能机器人将是机器智能的皇冠。","text":"据悉今天,小鹏汽车官方宣布,生态企业[鹏行智能]携全球首款可骑乘智能机器马正式亮相。image该智能机器马基于小鹏汽车生态企业--鹏行智能创新的四足机器人架构设计,具备环境多维感知、敏捷稳定运动以及智能情感交互能力,希望成为“小鹏友的第一个智慧交通工具\"。机器马采用创新性的机体与关节设计,拥有独具一格的小马造型与自然优雅的行走步态。image机器马拥有汽车级别的智能驾驶系统,可通过摄像头、激光雷达识别环境与对象,构建地图、规划路径,具备自主运动、目标跟随、自动避障等功能。机器马拥有强大语音交互、人脸与声纹识别能力,可通过脸部屏幕表达情感,并拥有触觉感知。机器马拥有独家的骑乘驾驶系统与安全周详的骑乘配件,可满足小朋友的骑乘需求化身“小鹏友的第一个智慧交通工具”image机器马搭配专用的装载配件,在你取货、逛街、夜跑、远足时随时随地提供托运功能。机器马能够合理安排充电计划,在电量不足时,自主回到充电座上补给。小鹏汽车董事长何小鹏表示,如果说智能汽车是智能智造的皇冠,那么智能机器人将是机器智能的皇冠。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880337819","isVote":1,"tweetType":1,"viewCount":1621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":817718043,"gmtCreate":1630987641282,"gmtModify":1631884710500,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"据悉:据接受日经亚洲(Nikkei 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Asia)采访的消息人士称,苹果将需要为其设备中的芯片支付更多费用,并可能将不断上升的成本转嫁给客户。image在全球芯片供应短缺导致行业普遍通胀之后,苹果主要芯片供应商台积电(TSMC)正在提价。该公司计划的提价据说是10年来最大幅度的芯片提价。台积电的芯片已经比其直接竞争对手的芯片贵了20%左右,但由于材料和物流成本上升,规模较小的代工厂也已经提高了自己的价格,台积电承诺在未来三年内进行1000亿美元的新投资,这促使该公司提高价格,以维持溢价,并将这些增加的成本转嫁给客户。据报道,台积电还热衷于阻止客户订购超过需要的芯片,希望获得生产线空间和来自代工芯片制造商的额外支持。在10月1日涨价正式生效之前,客户将需要就制造的具体条款进行谈判。该公司仍在处理现有订单,这意味着当产能扩大和现有订单完成后,明年价格上涨的影响将更加明显。消息人士对日经表示,高通等芯片开发商将把台积电涨价转嫁给苹果等设备制造商。台积电还直接向苹果供应A14和M1等芯片。预计这将对智能手机和电脑等设备的零售价格产生“显著影响”。据猜测,消费电子品牌明年将提高高端机型的零售价,以抵消对中端和入门级设备的影响。上月底,DigiTimes报道称,由于芯片成本增加,iPhone 13系列产品价格更高,这些涨价可能会比预期的更早。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/817718043","isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813925882,"gmtCreate":1630123395146,"gmtModify":1704956309401,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"联手骗韭菜,哎……花旗啊,不厚道","listText":"联手骗韭菜,哎……花旗啊,不厚道","text":"联手骗韭菜,哎……花旗啊,不厚道","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813925882","repostId":"2162026018","repostType":2,"isVote":1,"tweetType":1,"viewCount":714,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":810610728,"gmtCreate":1629970489364,"gmtModify":1631889381781,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"可是股价在下跌😂","listText":"可是股价在下跌😂","text":"可是股价在下跌😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810610728","repostId":"1175308904","repostType":4,"repost":{"id":"1175308904","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629970251,"share":"https://ttm.financial/m/news/1175308904?lang=&edition=full","pubTime":"2021-08-26 17:30","market":"other","language":"zh","title":"小鹏汽车Q2营收37.61亿元,超市场预期","url":"https://stock-news.laohu8.com/highlight/detail?id=1175308904","media":"老虎资讯综合","summary":"8月26日,小鹏汽车发布2021年第二季度业绩。财报显示,第二季度营收37.61亿元,市场预期为34.36亿元;第二季度净亏损11.9亿元,市场预期净亏损12.36亿元;第二季度每ADS亏损1.5元,","content":"<p>8月26日,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>发布2021年第二季度业绩。财报显示,第二季度营收37.61亿元,市场预期为34.36亿元;第二季度净亏损11.9亿元,市场预期净亏损12.36亿元;第二季度每ADS亏损1.5元,市场预期亏损2.14元;第二季度毛利率为11.9%。</p>\n<p>财报发布后,小鹏汽车美股盘前股价由跌转涨,现微涨0.02%</p>\n<p><img src=\"https://static.tigerbbs.com/f59c86c0e919224def0a7a851a87d733\" tg-width=\"899\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n<p><b>截至 2021 年 6 月 30 日止三个月的运营和财务要点</b></p>\n<ul>\n <li>2021年第二季度汽车交付量为17,398辆,创季度新高,较 2020 年同期的3,228辆增长 439%,较 2021 年第一季度的 13,340 辆增长 30.4%。</li>\n <li>P7在 2021 年第二季度的交付量为 11,522 辆,创下季度新高,比 2021 年第一季度的 7,974 辆增长了 44.5%。</li>\n <li>2021 年第二季度交付的 P7 总数中,97% 可以支持 XPILOT 2.5 或 XPILOT 3.0。</li>\n <li>截至2021年6月30日,小鹏的实体销售和服务网络共包括200家门店和64个服务中心,覆盖74个城市。</li>\n <li>截至2021年6月30日,小鹏品牌超级充电站已扩展至231个,覆盖65个城市。</li>\n <li>2021 年第二季度总收入为人民币 37.613 亿元(5.825 亿美元),同比增长 536.7%,环比增长 27.5%。</li>\n <li>2021年第二季度汽车销售收入为人民币35.844亿元(5.551亿美元),同比增长562.4%,环比增长27.5%。</li>\n <li>2021 年第二季度的毛利率为 11.9%,而 2020 年同期为负 2.7%,2021 年第一季度为负 11.2%。</li>\n <li>2021 年第二季度汽车利润率(汽车销售毛利润占汽车销售收入的百分比)为 11.0%,而 2020 年同期为负 5.6%,2021 年第一季度为 10.1%。</li>\n <li>2021 年第二季度净亏损为人民币 11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 1.460 亿元,2021 年第一季度为人民币 7.866 亿元。与优先股赎回权相关的衍生负债公允价值变动,2021 年第二季度非美国通用会计准则净亏损为人民币 10.964 亿元(1.698 亿美元),而 2020 年同期为人民币 7.695 亿元; 2021年第一季度为人民币6.963亿元。</li>\n <li>2021 年第二季度小鹏普通股东应占净亏损为人民币11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 11.415 亿元,2021 年第一季度为人民币 7.866 亿元。以股份为基础的补偿费用、与优先股赎回权相关的衍生负债公允价值变动以及优先股对赎回价值的增加,2021年第二季度小鹏普通股股东应占非公认会计准则净亏损为人民币 10.964 亿元(1.698 亿美元) ,2020年同期为人民币7.695亿元,2021年第一季度为人民币6.963亿元。</li>\n <li>2021 年第二季度每美国存托股票 (ADS) 的基本和摊薄净亏损均为人民币 1.50 元(0.23 美元)。</li>\n <li>截至2021年6月30日,现金及现金等价物、受限制现金、短期存款、短期投资和长期存款为人民币328.712亿元(50.911亿美元)。</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/2807659d1ef15aef6bee7762ee65aa38\" tg-width=\"888\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/a05c41000cfdef2b027a96381b785c7c\" tg-width=\"817\" tg-height=\"649\" referrerpolicy=\"no-referrer\"></p>\n<p><b>业务展望</b></p>\n<p>对于2021年第三季度,公司预计:</p>\n<ul>\n <li><b>汽车交付量</b>将在 21,500 至 22,500辆之间,同比增长约 150.6% 至 162.3%。</li>\n <li><b>总收入</b>在人民币48亿元至人民币50亿元之间,同比增长约141.2%至151.3%。</li>\n</ul>\n<p><b>一图读懂小鹏汽车发布2021年第二季度业绩</b></p>\n<p><img src=\"https://static.tigerbbs.com/c76e12bf78f0702615f0684cff4dfcab\" tg-width=\"1126\" tg-height=\"10248\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>小鹏汽车Q2营收37.61亿元,超市场预期</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n小鹏汽车Q2营收37.61亿元,超市场预期\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-08-26 17:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>8月26日,<a href=\"https://laohu8.com/S/XPEV\">小鹏汽车</a>发布2021年第二季度业绩。财报显示,第二季度营收37.61亿元,市场预期为34.36亿元;第二季度净亏损11.9亿元,市场预期净亏损12.36亿元;第二季度每ADS亏损1.5元,市场预期亏损2.14元;第二季度毛利率为11.9%。</p>\n<p>财报发布后,小鹏汽车美股盘前股价由跌转涨,现微涨0.02%</p>\n<p><img src=\"https://static.tigerbbs.com/f59c86c0e919224def0a7a851a87d733\" tg-width=\"899\" tg-height=\"894\" referrerpolicy=\"no-referrer\"></p>\n<p><b>截至 2021 年 6 月 30 日止三个月的运营和财务要点</b></p>\n<ul>\n <li>2021年第二季度汽车交付量为17,398辆,创季度新高,较 2020 年同期的3,228辆增长 439%,较 2021 年第一季度的 13,340 辆增长 30.4%。</li>\n <li>P7在 2021 年第二季度的交付量为 11,522 辆,创下季度新高,比 2021 年第一季度的 7,974 辆增长了 44.5%。</li>\n <li>2021 年第二季度交付的 P7 总数中,97% 可以支持 XPILOT 2.5 或 XPILOT 3.0。</li>\n <li>截至2021年6月30日,小鹏的实体销售和服务网络共包括200家门店和64个服务中心,覆盖74个城市。</li>\n <li>截至2021年6月30日,小鹏品牌超级充电站已扩展至231个,覆盖65个城市。</li>\n <li>2021 年第二季度总收入为人民币 37.613 亿元(5.825 亿美元),同比增长 536.7%,环比增长 27.5%。</li>\n <li>2021年第二季度汽车销售收入为人民币35.844亿元(5.551亿美元),同比增长562.4%,环比增长27.5%。</li>\n <li>2021 年第二季度的毛利率为 11.9%,而 2020 年同期为负 2.7%,2021 年第一季度为负 11.2%。</li>\n <li>2021 年第二季度汽车利润率(汽车销售毛利润占汽车销售收入的百分比)为 11.0%,而 2020 年同期为负 5.6%,2021 年第一季度为 10.1%。</li>\n <li>2021 年第二季度净亏损为人民币 11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 1.460 亿元,2021 年第一季度为人民币 7.866 亿元。与优先股赎回权相关的衍生负债公允价值变动,2021 年第二季度非美国通用会计准则净亏损为人民币 10.964 亿元(1.698 亿美元),而 2020 年同期为人民币 7.695 亿元; 2021年第一季度为人民币6.963亿元。</li>\n <li>2021 年第二季度小鹏普通股东应占净亏损为人民币11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 11.415 亿元,2021 年第一季度为人民币 7.866 亿元。以股份为基础的补偿费用、与优先股赎回权相关的衍生负债公允价值变动以及优先股对赎回价值的增加,2021年第二季度小鹏普通股股东应占非公认会计准则净亏损为人民币 10.964 亿元(1.698 亿美元) ,2020年同期为人民币7.695亿元,2021年第一季度为人民币6.963亿元。</li>\n <li>2021 年第二季度每美国存托股票 (ADS) 的基本和摊薄净亏损均为人民币 1.50 元(0.23 美元)。</li>\n <li>截至2021年6月30日,现金及现金等价物、受限制现金、短期存款、短期投资和长期存款为人民币328.712亿元(50.911亿美元)。</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/2807659d1ef15aef6bee7762ee65aa38\" tg-width=\"888\" tg-height=\"762\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/a05c41000cfdef2b027a96381b785c7c\" tg-width=\"817\" tg-height=\"649\" referrerpolicy=\"no-referrer\"></p>\n<p><b>业务展望</b></p>\n<p>对于2021年第三季度,公司预计:</p>\n<ul>\n <li><b>汽车交付量</b>将在 21,500 至 22,500辆之间,同比增长约 150.6% 至 162.3%。</li>\n <li><b>总收入</b>在人民币48亿元至人民币50亿元之间,同比增长约141.2%至151.3%。</li>\n</ul>\n<p><b>一图读懂小鹏汽车发布2021年第二季度业绩</b></p>\n<p><img src=\"https://static.tigerbbs.com/c76e12bf78f0702615f0684cff4dfcab\" tg-width=\"1126\" tg-height=\"10248\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/8a7cf240033f083a329240e6179df017","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175308904","content_text":"8月26日,小鹏汽车发布2021年第二季度业绩。财报显示,第二季度营收37.61亿元,市场预期为34.36亿元;第二季度净亏损11.9亿元,市场预期净亏损12.36亿元;第二季度每ADS亏损1.5元,市场预期亏损2.14元;第二季度毛利率为11.9%。\n财报发布后,小鹏汽车美股盘前股价由跌转涨,现微涨0.02%\n\n截至 2021 年 6 月 30 日止三个月的运营和财务要点\n\n2021年第二季度汽车交付量为17,398辆,创季度新高,较 2020 年同期的3,228辆增长 439%,较 2021 年第一季度的 13,340 辆增长 30.4%。\nP7在 2021 年第二季度的交付量为 11,522 辆,创下季度新高,比 2021 年第一季度的 7,974 辆增长了 44.5%。\n2021 年第二季度交付的 P7 总数中,97% 可以支持 XPILOT 2.5 或 XPILOT 3.0。\n截至2021年6月30日,小鹏的实体销售和服务网络共包括200家门店和64个服务中心,覆盖74个城市。\n截至2021年6月30日,小鹏品牌超级充电站已扩展至231个,覆盖65个城市。\n2021 年第二季度总收入为人民币 37.613 亿元(5.825 亿美元),同比增长 536.7%,环比增长 27.5%。\n2021年第二季度汽车销售收入为人民币35.844亿元(5.551亿美元),同比增长562.4%,环比增长27.5%。\n2021 年第二季度的毛利率为 11.9%,而 2020 年同期为负 2.7%,2021 年第一季度为负 11.2%。\n2021 年第二季度汽车利润率(汽车销售毛利润占汽车销售收入的百分比)为 11.0%,而 2020 年同期为负 5.6%,2021 年第一季度为 10.1%。\n2021 年第二季度净亏损为人民币 11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 1.460 亿元,2021 年第一季度为人民币 7.866 亿元。与优先股赎回权相关的衍生负债公允价值变动,2021 年第二季度非美国通用会计准则净亏损为人民币 10.964 亿元(1.698 亿美元),而 2020 年同期为人民币 7.695 亿元; 2021年第一季度为人民币6.963亿元。\n2021 年第二季度小鹏普通股东应占净亏损为人民币11.946 亿元(1.850 亿美元),而 2020 年同期为人民币 11.415 亿元,2021 年第一季度为人民币 7.866 亿元。以股份为基础的补偿费用、与优先股赎回权相关的衍生负债公允价值变动以及优先股对赎回价值的增加,2021年第二季度小鹏普通股股东应占非公认会计准则净亏损为人民币 10.964 亿元(1.698 亿美元) ,2020年同期为人民币7.695亿元,2021年第一季度为人民币6.963亿元。\n2021 年第二季度每美国存托股票 (ADS) 的基本和摊薄净亏损均为人民币 1.50 元(0.23 美元)。\n截至2021年6月30日,现金及现金等价物、受限制现金、短期存款、短期投资和长期存款为人民币328.712亿元(50.911亿美元)。\n\n\n业务展望\n对于2021年第三季度,公司预计:\n\n汽车交付量将在 21,500 至 22,500辆之间,同比增长约 150.6% 至 162.3%。\n总收入在人民币48亿元至人民币50亿元之间,同比增长约141.2%至151.3%。\n\n一图读懂小鹏汽车发布2021年第二季度业绩","news_type":1,"symbols_score_info":{"09868":0.9,"XPEV":0.9}},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":810034741,"gmtCreate":1629934255183,"gmtModify":1631889381783,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"扶不上墙的阿斗","listText":"扶不上墙的阿斗","text":"扶不上墙的阿斗","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/810034741","repostId":"2162035703","repostType":2,"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837180616,"gmtCreate":1629864124335,"gmtModify":1631889381786,"author":{"id":"3574563059595551","authorId":"3574563059595551","name":"希菟","avatar":"https://static.tigerbbs.com/4c99310785abc9b8abf540f583e93c89","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574563059595551","authorIdStr":"3574563059595551"},"themes":[],"htmlText":"👍🏼","listText":"👍🏼","text":"👍🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/837180616","repostId":"1184955585","repostType":2,"repost":{"id":"1184955585","kind":"news","pubTimestamp":1630118344,"share":"https://ttm.financial/m/news/1184955585?lang=&edition=full","pubTime":"2021-08-28 10:39","market":"us","language":"zh","title":"台积电凭什么成为亚洲股王?","url":"https://stock-news.laohu8.com/highlight/detail?id=1184955585","media":"远川科技评论","summary":"在2020年初,全球市值最大的十家企业中,美国独占7席,而中国的腾讯和阿里也榜上有名,成为亚洲唯二突入榜单的企业。\n\n在当时看来,腾讯和阿里进入榜单是一个再自然不过的结果,前十大企业中6个是互联网、2","content":"<p>在2020年初,全球市值最大的十家企业中,美国独占7席,而中国的<a href=\"https://laohu8.com/S/00700\">腾讯</a>和阿里也榜上有名,成为亚洲唯二突入榜单的企业。</p>\n<p><img src=\"https://static.tigerbbs.com/c2b6b856b3f2f1196c329b1155f9fc5f\" tg-width=\"1080\" tg-height=\"589\" referrerpolicy=\"no-referrer\"></p>\n<p>在当时看来,腾讯和阿里进入榜单是一个再自然不过的结果,前十大企业中6个是互联网、2个金融、1个资源,唯一的硬件企业<a href=\"https://laohu8.com/S/AAPL\">苹果</a>,生产还不归自己管,当时如果说一家<b>重资产、重制造、家里还没石油</b>的企业还能进前十,无异于痴人说梦。</p>\n<p>但没有想到的是,仅仅一年多时间后的2021年8月18日,<a href=\"https://laohu8.com/S/TSM\">台积电</a>就以5380亿美元的市值,成功超越腾讯,成为亚洲市值最高的公司。</p>\n<p>支撑起台积电亚洲股王市值的,是台积电二季度创下的132.9亿美元营收,一天赚1.47亿美元的亮眼业绩。</p>\n<p>与此同时,全球芯片大缺货,更是让台积电的订单成为硬通货:前不久,苹果一次性下单一亿片芯片后,台积电原材料供应商直接爆出猛料,台积电的订单已经满载到2024年。</p>\n<p><b>台积电取代腾讯成为亚洲股王的背后,不仅是两家企业市值的变化,同时,更是一场硬科技制造对互联网的逆袭。</b></p>\n<p>那么台积电究竟是如何在一个重资产、高人力成本投入,客户又极度强势的电子行业中,修炼出如今的股王地位?</p>\n<p>答案就藏在台积电崛起的三次历史机遇之中。</p>\n<p><img src=\"https://static.tigerbbs.com/8831ed0813cfe4215d1a7249b8194a1a\" tg-width=\"1080\" tg-height=\"312\" referrerpolicy=\"no-referrer\"></p>\n<p>1989年12月,刚成立两年的台积电就迎来<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>掌门人李健熙的亲自挖墙脚。</p>\n<p>这一次,李健熙看上的,不是什么工艺负责人,也不是什么技术大牛,而是直接将目光锁定在了已经58岁的台积电创始人张忠谋的身上。</p>\n<p>李健熙之所以如此自信,与当时的行业发展背景有着很大的关系:当年的三星,已然是多个行业的霸主,把控韩国命脉的超级财阀;<b>而芯片代工,在当时的行业地位,其实与如今中国台湾的另一个代工之王——富士康差不多:技术含量不高,竞争对手不少,都是位于制造业产业链价值分配“微笑曲线”的最底端</b>,干着最累的活儿,赚最少的钱。</p>\n<p><img src=\"https://static.tigerbbs.com/9789042af668ea4b67309f48e5f3e543\" tg-width=\"620\" tg-height=\"354\" referrerpolicy=\"no-referrer\"></p>\n<p>更何况,<b>当时的芯片制造还停留在亚微米阶段,芯片企业自己设计,自己制造,自己封测的IDM模式才是业界主流。</b>当年的全球十大半导体公司,NEC、东芝、日立、摩托罗拉、<a href=\"https://laohu8.com/S/TXN\">德州仪器</a>、富士通、三菱、<a href=\"https://laohu8.com/S/INTC\">英特尔</a>、<a href=\"https://laohu8.com/S/PC\">松下</a>、<a href=\"https://laohu8.com/S/PHG\">飞利浦</a>全部是典型的半导体IDM巨头。</p>\n<p>那么,有自己的工厂的IDM们,为什么要找初出茅庐,工艺甚至还不如自己的台积电来代工芯片?</p>\n<p>这是在拒绝了李健熙橄榄枝后,摆在高龄创业者——张忠谋面前的一个很现实的问题。</p>\n<p>不过很快,台积电就迎来了属于它的第一个时代机遇:PC崛起。</p>\n<p>1988年前后,在英特尔的带领下,全球的电子产业从传统的大型机时代进入PC时代。而<b>全球的半导体产业的重心也开始逐渐从传统的DRAM存储开始向CPU、GPU为代表的数字芯片迈进。</b></p>\n<p>传统的<b>DRAM存储芯片的轻设计重制造,因此IDM模式主导行业发展;而对数字芯片来说,芯片制造固然是头等大事,但随着芯片内晶体管的数量迈上百万台阶,背后所需的芯片设计投入,也越来越繁重。在精力有限的情况下,将设计与制造分离,已经成为迫在眉睫的大趋势。</b></p>\n<p><img src=\"https://static.tigerbbs.com/673230fbc935dd61c98bcb0b5390e825\" tg-width=\"767\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>凭借着英特尔总裁格鲁夫与张忠谋的私人交情,英特尔直接派驻工程师入驻台积电,对当时制造工艺仅有二百多道环节的台积电,一口气指出了至少二百个工艺改进流程。</p>\n<p>要知道,当时的英特尔,正是顶级芯片制造的代名词。其正在的研发的80486芯片,不仅是全球最先使用1微米的制造工艺的,同时更是首次在一个芯片中突破了100万个晶体管集成,达到120万创举的高端芯片制造者。</p>\n<p>能被英特尔一对一辅导,台积电一举拿下了通往顶级芯片代工的第一张技术门票。</p>\n<p>拿到了这张门票后不久,1995年台积电又与刚成立两年的<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>一拍即合,拿下了PC时代的另一张重要船票。</p>\n<p>此后十年间,台积电一边确立了与<a href=\"https://laohu8.com/S/QCOM\">高通</a>、美满电子等芯片设计企业的合作;另一边,还通过铜制程技术以及湿法光刻工艺技术的研发,在技术上独步全球,在2004年,占据了全球市场份额的半壁江山。</p>\n<p><b>只是,台积电没想到,另一个可能颠覆产业格局的风暴正在悄悄到来。</b></p>\n<p><img src=\"https://static.tigerbbs.com/9dc0fda484f9be29a169f2a280cc0408\" tg-width=\"1080\" tg-height=\"312\" referrerpolicy=\"no-referrer\"></p>\n<p>成为PC芯片领域代工一哥不久后,苹果带着智能手机山呼海啸的袭来,只可惜,这一次的主角,一开始并不是台积电。</p>\n<p>2007年,乔布斯拿着初代iPhone在万众瞩目中官宣,被称为惊艳的跨时代产品。此后数年,每逢iPhone发布新机,世界各地的苹果零售店门前都会出现疯狂的果粉凌晨排队抢购的奇观。</p>\n<p>而iPhone封神的背后,也明明白白的昭示了一件事:<b>智能机时代已经到来,只有拿下苹果,才能成为真正的芯片代工一哥。</b></p>\n<p>但是懂行的都知道,台上的乔布斯,表面看似是发布iPhone手机的“上帝”,但根本上,却只是大洋彼岸三星帝国的打工人。</p>\n<p>市调机构IHS,曾对历代iPhone的成本来源进行拆解发现,在还没出现双摄与浴霸摄像头的年代里,前<b>几代iPhone的三大成本来源,分别是:处理器,屏幕以及存储。而一部iPhone手机中,这三项全部made by Samsung。</b></p>\n<p>三星提供的处理器与存储,自然是三星制造。而当年代工了全球几乎一半芯片的台积电,却只能默默羡慕的观望。</p>\n<p>但作为顶级的供应链制衡大师,苹果一定不会允许,让自己的竞争对手,同时把控着自己的三大命脉。</p>\n<p>于是,一边与三星蜜里调油,另一边,2010年苹果就悄悄与台积电搭上了线。为了双方能够合作得更顺畅,台积电还专门成立了一支由百余位跨部门的研发工程师组成的“<a href=\"https://laohu8.com/S/AONE.U\">one</a> team”战队,驻扎美国苹果总部,一起快马加鞭搞秘密研发,企图彻底绕过三星的专利。</p>\n<p>研发初见进展后,苹果立刻在2011年闪电向三星提起16项侵权指控。而三星则反手又将苹果告上法庭,反诉苹果侵权,甚至要求美国禁售iPhone。</p>\n<p>苹果与三星鹬蚌相争,台积电渔翁得利。</p>\n<p>从2014年苹果的A8芯片起,台积电开始代工大部分苹果芯片,iPhone 7时代开始,台积电则完全垄断了所有苹果芯片的生产。合作延续至如今,苹果仍是台积电最大的客户,每年为台积电贡献了近20%的收入。</p>\n<p>至此,台积电正式确定了芯片代工的龙头地位。</p>\n<p><b>但只是给最厉害的客户打工,就能够成就如今的台积电吗?作为苹果最大的代工厂,富士康第一个不同意。</b></p>\n<p><img src=\"https://static.tigerbbs.com/7c04503bafb7a71524a1d953b35f1228\" tg-width=\"1080\" tg-height=\"312\" referrerpolicy=\"no-referrer\"></p>\n<p>同样是代工之王,台积电可以卡住全球客户的咽喉,而富士康却对苹果扶持竞争对手来抢生意无可奈何。</p>\n<p>截然不同的命运背后,其实早在赛道选择之时就已经埋下伏笔。</p>\n<p>以富士康为代表的<b>电子产品组装,本质上是个只要召集了足够多工人,就能在流水线上24小时开工的低门槛行业。</b>因此,做代工,二十年前,富士康在中国台湾面临着“台系代工五虎”——广达、仁宝、和硕、纬创、英业达抢生意;最近十年,富士康又面临着,曾经一手带大的大陆“小弟”立讯、歌尔、闻泰、<a href=\"https://laohu8.com/S/002594\">比亚迪</a>们,在自己的地盘疯狂抢生意。</p>\n<p>这种低技术含量、低门槛体现在财报中,就表现为富士康比剃须刀刀片还要薄的毛利之中:近十年,<b>富士康为保住从未突破10%的毛利,一路将工厂从深圳搬到郑州,又从郑州拓展到越南……不断在人力成本的不同洼地之间辗转搬迁。</b></p>\n<p>与此形成鲜明对比的是,台积电对应的芯片代工是一个坐在摩尔定律车轮上滚滚向前的产业。在摩尔定律的主导下,集成电路上可容纳的元器件的数量每隔18至24个月就会增加一倍,相应的晶体管的尺寸也会不断缩小,半导体的制造难度也越来越高。</p>\n<p>体现在资本开支上,半导体行业从8英寸向12英寸升级的过程中,成本急剧上升:一座8英寸的晶圆厂造价视产能最低1亿,最高15亿美元,一般的企业咬咬牙还能顶上。而一座新的12英寸晶圆厂造价则高达25亿到30亿美金,足以将行业内大部分竞争对手甩在身后。</p>\n<p>不同的技术含量,也决定了不同的竞争格局。<b>富士康越努力,竞争对手越多;而台积电一路走来,从0.18微米到3纳米独步天下,不仅竞争对手越来越少,就连曾经的老大哥英特尔、IBM也被甩在身后。</b></p>\n<p><img src=\"https://static.tigerbbs.com/12e071a18a041e0b8ddb78626d4f42b1\" tg-width=\"667\" tg-height=\"855\" referrerpolicy=\"no-referrer\"></p>\n<p>对手越来越少,利润自然就越来越高,同处中国台湾,富士康全球设厂,毛利不足10%,一不留神,就被苹果用纬创、和硕以及立讯牵制;</p>\n<p>而坚持三十年只在中国台湾生产高阶制程产品的台积电,则可以常年维持在50%左右的毛利,而客户想要抢到台积电的最新产能,只是有钱还万万不够:2020年9月,台积电因美国制裁被迫断供华为后,高通、联发科这才有了替补华为,用上台积电最新5nm产能的机会。</p>\n<p>市场份额稳居第一,行业的资金门槛不断提升;技术的红利效应不断叠加……独孤求败的台积电,在芯片代工领域,已然奠定了其不可撼动的第一宝座。</p>\n<p>回顾历史,台积电能崛起成为代工之王,有三大原因:PC时代,有了半个英特尔与英伟达支持;手机时代被苹果选择,成为制衡三星的重要工具;此后数年,又坐在摩尔定律的车轮上,靠着技术与资本优势,将一众竞争对手远远甩在身后。</p>\n<p>只不过,台积电从“芯片代工之王”变成“股王”,还差最后一步:让市值排在台积电之前的互联网企业们,在资本市场跌落神坛。</p>\n<p><img src=\"https://static.tigerbbs.com/efede982c9faf847a3a670f3cc42a078\" tg-width=\"992\" tg-height=\"914\" referrerpolicy=\"no-referrer\"></p>\n<p>从年初至今,一边是台积电在史诗级的芯片大缺货中赚得盆满钵满,近期股价更是一跃成为亚洲股王。另一边,反观传统“股神”互联网,年初至今,腾讯从最高点暴跌45%;阿里至今跌幅超过30%;<a href=\"https://laohu8.com/S/BIDU\">百度</a>股价更在港交所上市至今跌幅超过45%。</p>\n<p>从芯片代工之王进阶亚洲股王背后,台积电离不开自身的努力,同时,更离不开历史的进程。</p>\n<p>而进程之外,更给我们一丝启示:<b>做难而正确的事,越坚持越顺利。</b></p>","source":"lsy1571969218062","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>台积电凭什么成为亚洲股王?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n台积电凭什么成为亚洲股王?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 10:39 北京时间 <a href=https://mp.weixin.qq.com/s/1vKEt53uVNkuuzHjwkGPDA><strong>远川科技评论</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>在2020年初,全球市值最大的十家企业中,美国独占7席,而中国的腾讯和阿里也榜上有名,成为亚洲唯二突入榜单的企业。\n\n在当时看来,腾讯和阿里进入榜单是一个再自然不过的结果,前十大企业中6个是互联网、2个金融、1个资源,唯一的硬件企业苹果,生产还不归自己管,当时如果说一家重资产、重制造、家里还没石油的企业还能进前十,无异于痴人说梦。\n但没有想到的是,仅仅一年多时间后的2021年8月18日,台积电就以...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/1vKEt53uVNkuuzHjwkGPDA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/975836d8c6eb511241583dccb0d387f2","relate_stocks":{"EWT":"台湾ETF-iShares MSCI","03145":"华夏亚洲高息股","TSM":"台积电"},"source_url":"https://mp.weixin.qq.com/s/1vKEt53uVNkuuzHjwkGPDA","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184955585","content_text":"在2020年初,全球市值最大的十家企业中,美国独占7席,而中国的腾讯和阿里也榜上有名,成为亚洲唯二突入榜单的企业。\n\n在当时看来,腾讯和阿里进入榜单是一个再自然不过的结果,前十大企业中6个是互联网、2个金融、1个资源,唯一的硬件企业苹果,生产还不归自己管,当时如果说一家重资产、重制造、家里还没石油的企业还能进前十,无异于痴人说梦。\n但没有想到的是,仅仅一年多时间后的2021年8月18日,台积电就以5380亿美元的市值,成功超越腾讯,成为亚洲市值最高的公司。\n支撑起台积电亚洲股王市值的,是台积电二季度创下的132.9亿美元营收,一天赚1.47亿美元的亮眼业绩。\n与此同时,全球芯片大缺货,更是让台积电的订单成为硬通货:前不久,苹果一次性下单一亿片芯片后,台积电原材料供应商直接爆出猛料,台积电的订单已经满载到2024年。\n台积电取代腾讯成为亚洲股王的背后,不仅是两家企业市值的变化,同时,更是一场硬科技制造对互联网的逆袭。\n那么台积电究竟是如何在一个重资产、高人力成本投入,客户又极度强势的电子行业中,修炼出如今的股王地位?\n答案就藏在台积电崛起的三次历史机遇之中。\n\n1989年12月,刚成立两年的台积电就迎来三星掌门人李健熙的亲自挖墙脚。\n这一次,李健熙看上的,不是什么工艺负责人,也不是什么技术大牛,而是直接将目光锁定在了已经58岁的台积电创始人张忠谋的身上。\n李健熙之所以如此自信,与当时的行业发展背景有着很大的关系:当年的三星,已然是多个行业的霸主,把控韩国命脉的超级财阀;而芯片代工,在当时的行业地位,其实与如今中国台湾的另一个代工之王——富士康差不多:技术含量不高,竞争对手不少,都是位于制造业产业链价值分配“微笑曲线”的最底端,干着最累的活儿,赚最少的钱。\n\n更何况,当时的芯片制造还停留在亚微米阶段,芯片企业自己设计,自己制造,自己封测的IDM模式才是业界主流。当年的全球十大半导体公司,NEC、东芝、日立、摩托罗拉、德州仪器、富士通、三菱、英特尔、松下、飞利浦全部是典型的半导体IDM巨头。\n那么,有自己的工厂的IDM们,为什么要找初出茅庐,工艺甚至还不如自己的台积电来代工芯片?\n这是在拒绝了李健熙橄榄枝后,摆在高龄创业者——张忠谋面前的一个很现实的问题。\n不过很快,台积电就迎来了属于它的第一个时代机遇:PC崛起。\n1988年前后,在英特尔的带领下,全球的电子产业从传统的大型机时代进入PC时代。而全球的半导体产业的重心也开始逐渐从传统的DRAM存储开始向CPU、GPU为代表的数字芯片迈进。\n传统的DRAM存储芯片的轻设计重制造,因此IDM模式主导行业发展;而对数字芯片来说,芯片制造固然是头等大事,但随着芯片内晶体管的数量迈上百万台阶,背后所需的芯片设计投入,也越来越繁重。在精力有限的情况下,将设计与制造分离,已经成为迫在眉睫的大趋势。\n\n凭借着英特尔总裁格鲁夫与张忠谋的私人交情,英特尔直接派驻工程师入驻台积电,对当时制造工艺仅有二百多道环节的台积电,一口气指出了至少二百个工艺改进流程。\n要知道,当时的英特尔,正是顶级芯片制造的代名词。其正在的研发的80486芯片,不仅是全球最先使用1微米的制造工艺的,同时更是首次在一个芯片中突破了100万个晶体管集成,达到120万创举的高端芯片制造者。\n能被英特尔一对一辅导,台积电一举拿下了通往顶级芯片代工的第一张技术门票。\n拿到了这张门票后不久,1995年台积电又与刚成立两年的英伟达一拍即合,拿下了PC时代的另一张重要船票。\n此后十年间,台积电一边确立了与高通、美满电子等芯片设计企业的合作;另一边,还通过铜制程技术以及湿法光刻工艺技术的研发,在技术上独步全球,在2004年,占据了全球市场份额的半壁江山。\n只是,台积电没想到,另一个可能颠覆产业格局的风暴正在悄悄到来。\n\n成为PC芯片领域代工一哥不久后,苹果带着智能手机山呼海啸的袭来,只可惜,这一次的主角,一开始并不是台积电。\n2007年,乔布斯拿着初代iPhone在万众瞩目中官宣,被称为惊艳的跨时代产品。此后数年,每逢iPhone发布新机,世界各地的苹果零售店门前都会出现疯狂的果粉凌晨排队抢购的奇观。\n而iPhone封神的背后,也明明白白的昭示了一件事:智能机时代已经到来,只有拿下苹果,才能成为真正的芯片代工一哥。\n但是懂行的都知道,台上的乔布斯,表面看似是发布iPhone手机的“上帝”,但根本上,却只是大洋彼岸三星帝国的打工人。\n市调机构IHS,曾对历代iPhone的成本来源进行拆解发现,在还没出现双摄与浴霸摄像头的年代里,前几代iPhone的三大成本来源,分别是:处理器,屏幕以及存储。而一部iPhone手机中,这三项全部made by Samsung。\n三星提供的处理器与存储,自然是三星制造。而当年代工了全球几乎一半芯片的台积电,却只能默默羡慕的观望。\n但作为顶级的供应链制衡大师,苹果一定不会允许,让自己的竞争对手,同时把控着自己的三大命脉。\n于是,一边与三星蜜里调油,另一边,2010年苹果就悄悄与台积电搭上了线。为了双方能够合作得更顺畅,台积电还专门成立了一支由百余位跨部门的研发工程师组成的“one team”战队,驻扎美国苹果总部,一起快马加鞭搞秘密研发,企图彻底绕过三星的专利。\n研发初见进展后,苹果立刻在2011年闪电向三星提起16项侵权指控。而三星则反手又将苹果告上法庭,反诉苹果侵权,甚至要求美国禁售iPhone。\n苹果与三星鹬蚌相争,台积电渔翁得利。\n从2014年苹果的A8芯片起,台积电开始代工大部分苹果芯片,iPhone 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