hechen@hnchasing.com 汪颜雯 研究助理 wangyanwen@hnchasing.com 相关报告 1 电子行业深度报告：AI 能力加速迭代，产 业发展新机遇 2026-02-13 证券研究报告 行业月度点评（R3） 消费电子 2026 年 02 月 25 日 评级 领先大市 评级变动： 维持 行业涨跌幅比较 % 1M 3M 12M 消费电子 -5.37 10.38 28.29 沪深 300 0.11 5.70 18.33 何晨 分析师 执业证书编号:S0530513080001 -32% -12% 8% 28% 48% 2025/02 2025/05 2025/08 2025/11 消费电子 沪深300 把握高端化趋势，聚焦果链与高端零部件环节 | 重点股票 | 2024A 2025E | | | | 2026E | | 评级 | | --- | --- | --- | --- | --- | --- | --- | --- | | | EPS（元） PE（倍） EPS（元） PE（倍）EPS（元） PE（倍） | | | | | | | | 歌尔股份 | 0.75 | 35.50 | ...

2月26日，歌尔股份大宗交易成交70万股，成交额1743万元，占当日总成交额的0.7%，成交价24.9元， 较市场收盘价27.08元折价8.05%。 | 权益类证券大宗交易(协议交易) | | | | | | | 团 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 (万股/万份) | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | 2026-02-26 | 002241 | 歌尔股份 | 24.90 | 70.00 | | 1,743.00中信建投证券股份 | 华泰证券股份有限 | | | | | | | | 有限公司北京东城 | 公司天津东丽开发 | | | | | | | | 分公司 | 区二纬路证券营业 | | | | | | | | | तर | ...

格隆汇2月24日丨歌尔股份(002241.SZ)在投资者互动平台表示，公司目前暂未涉及人形机器人整机制造 等相关领域业务。 ...

（文章来源：证券日报） 证券日报网讯 2月24日，歌尔股份在互动平台回答投资者提问时表示，截至2026年1月30日，公司股东 总户数为452325户。 ...

Core Insights - The MEMS industry is undergoing an unprecedented wave of consolidation, marking a shift from chaotic growth to a structured reorganization, indicating a significant reshaping of the industry landscape [5][8][13]. Group 1: Recent Mergers and Acquisitions - STMicroelectronics acquired NXP's MEMS sensor business, focusing on automotive and industrial applications, to enhance its market position and expand into high-value segments [5][6]. - Infineon plans to acquire ams OSRAM's non-optical sensor product line for €570 million, aiming to strengthen its sensor portfolio and target emerging markets like humanoid robotics [6][10]. - SiTime's $1.5 billion acquisition of Renesas Electronics' timing business highlights the importance of timing technology in MEMS, with expected revenue generation of approximately $300 million within a year post-acquisition [7][10]. - Qorvo divested its MEMS sensor assets for $21.5 million to focus on its core RF and connectivity technologies, optimizing its asset structure [7][8]. Group 2: Market Dynamics and Growth Areas - The MEMS market is experiencing a bifurcation, with consumer electronics facing saturation and intense competition, while automotive, industrial, medical, and humanoid robotics sectors are witnessing explosive growth [11][12]. - Automotive applications are projected to become the fastest-growing segment, driven by electrification and advanced driver-assistance systems, with the number of MEMS devices per vehicle expected to exceed 70 [12][13]. - The industrial MEMS market is anticipated to surpass $10 billion by 2026, fueled by predictive maintenance and automation trends [12][13]. - The global MEMS market is forecasted to grow from over $15.4 billion in 2024 to over $33 billion by 2036, indicating strong demand in high-value applications [12][13]. Group 3: Industry Trends and Future Outlook - The ongoing consolidation is expected to continue, with more small to medium-sized MEMS companies likely to be acquired or divested, leading to increased industry concentration [27][28]. - Domestic MEMS companies in China are positioned to transition from "replacement" to "breakthrough," focusing on niche markets and enhancing their competitive edge [28][29]. - The competition in the MEMS industry is fundamentally about "technology + scale," with successful companies needing to balance both aspects to thrive [25][30]. - The integration of advanced technologies such as AI and new materials is driving the evolution of MEMS from standalone sensors to intelligent systems, creating new value propositions [14][15].

证券日报网讯2月13日，歌尔股份（002241）在互动平台回答投资者提问时表示，公司目前未涉及消防 等领域内的业务，公司会积极关注各个不同场景下的业务机会。 ...

证券日报网讯 2月13日，歌尔股份在互动平台回答投资者提问时表示，公司所在的消费电子行业挑战与 机遇并存，公司会积极做好业务拓展和生产经营工作，把握行业机遇。公司的产品研发、市场拓展等各 项工作均在正常开展中。 （编辑 丛可心） ...

（编辑 姚尧） 证券日报网讯 2月13日，歌尔股份在互动平台回答投资者提问时表示，公司子公司歌尔微电子是公司下 属从事MEMS相关业务的主要平台，其研制的声学传感器、压力传感器等MEMS产品，在行业内具有较 高的市场份额和较强的产品技术竞争力，歌尔微电子在全球MEMS行业中排名靠前（可参考Yole数据 等），也可以查看歌尔微电子的相关资料了解更多具体内容。 ...

证券日报网讯2月13日，歌尔股份（002241）在互动平台回答投资者提问时表示，有关年度业绩问题， 请及时关注公司未来披露的年度报告内容。 ...

证券日报网讯2月13日，歌尔股份（002241）在互动平台回答投资者提问时表示，公司尊重投资者在合 法合规前提下，自主进行投资决策的权利。 ...