CITIC Securities has observed that, commencing from the fourth quarter of 2025, the wave of price increases within the electronic components sector has persisted and broadened its reach. Notably, manufacturers specializing in areas such as low- and medium-voltage MOSFETs, System-on-Chips (SOCs) with integrated memory, and LED driver ICs (specifically within the analog subcategory) have, in succession, declared their intentions to raise prices. CITIC Securities further highlights that the demand for restocking among downstream entities has surpassed initial projections. This, when coupled with the relentless surge in upstream metal commodity prices, suggests that the price hike trend in the electronic components industry is poised for further expansion. Given these circumstances, CITIC Securities advises maintaining a focus on segments that stand to gain unambiguously from the prevailing price hike trend, including memory products, Copper Clad Laminates (CCLs), Bismaleimide Triazine (BT) substrates, wafer foundry services, and packaging solutions. Concurrently, it recommends keeping a watchful eye on segments that are currently undervalued, such as power devices, analog chips, and passive components.