Huan Qiu Wang·2025-06-12 03:01Core Insights - The focus of institutional investors has shifted towards Apple’s supply chain companies, with over 60 companies, including Luxshare Precision, BOE Technology, and Lens Technology, undergoing intensive research activities since Q2 2025 [1][3] - A new wave of replacement demand is anticipated in the industry, driven by AI innovations and the upcoming iPhone 17 series, which is expected to enhance chip AI capabilities and other components [4] Company Summaries - Luxshare Precision has attracted significant attention from 753 institutions, indicating a robust growth outlook in its Apple business, while maintaining a risk-aware approach in diversifying its market presence [3] - BOE Technology has established a competitive edge in flexible AMOLED production, catering to major mobile brands and exploring innovations in automotive and IT sectors [3] - Eastcompeace, a supplier of circuit boards for iPhones, is poised to leverage opportunities from the AI innovation cycle, focusing on high-end soft boards and high-density hard boards [1] - Lens Technology is also seen as a key player, with expectations of benefiting from the anticipated upgrade cycle as Apple enhances its Siri voice assistant capabilities [4] Industry Trends - The introduction of more intelligent features in Apple products, such as the Siri voice assistant, is expected to trigger a new replacement cycle for iPhones [4] - The anticipated launch of foldable iPhones in 2026 is projected to drive functional innovation and increase component value within the supply chain [4] - The integration of AI technology is expected to accelerate the convergence of various ecosystems in smart terminals, leading to a new wave of innovation and replacement demand in the industry [4]