Sou Hu Cai Jing·2025-05-12 17:35Core Insights - The Apple supply chain is not a guaranteed profit zone, with companies facing significant risks from order cuts and market fluctuations [3][4] - Recent developments indicate a shift in the supply chain dynamics, with companies adapting to new policies and market demands [5][6] Group 1: Key Signals - Signal 1: Technological upgrades are crucial for maintaining competitive advantage, with companies like Luxshare Precision benefiting from higher margins on premium products [4][5] - Signal 2: The tariff policies in the U.S. create both challenges and opportunities, as companies balance between Chinese R&D and overseas assembly to mitigate costs [5][6] - Signal 3: The trend of "de-Apple-ization" is accelerating, with Apple cutting suppliers annually, but those that survive are often diversifying into other sectors like automotive [7][8] Group 2: Investment Strategies - Avoid companies overly reliant on Apple, particularly those with over 70% dependency, as they are vulnerable to order cuts [8][9] - Focus on companies providing unique technologies or products that are not easily replaceable, such as specialized components for electric vehicles [8][9] - Monitor financial reports for new business growth and order allocations before major Apple product launches to identify potential investment opportunities [9]