Zhi Tong Cai Jing·2025-08-11 03:12Group 1 - Lens Technology (300433) (06613) shares rose over 4%, currently up 4.56% at HKD 21.56, with a trading volume of HKD 172 million [1] - Apple announced an investment of USD 2.5 billion (approximately RMB 17.965 billion) to jointly build a glass substrate production line with Corning in Kentucky, USA, specifically for iPhone and Apple Watch [1] - Corning is a supplier of glass substrates for Apple, with production bases in the USA, Japan, South Korea, and Chongqing [1] Group 2 - Lens Technology is a supplier for the back-end processing of Apple's glass, with major production bases located in Hunan, China, and Bắc Ninh, Vietnam [1] - Corning has distribution centers in Hong Kong and Hunan to supply Lens Technology, which does not bear the international shipping costs for glass substrates [1] - The new production line in the USA will produce next-generation glass substrates, which may help in obtaining tariff exemptions and allow Lens Technology to update and enhance designs for future products, thereby improving market competitiveness [1]