Apple(US:AAPL) Zhi Tong Cai Jing·2025-09-03 03:44Core Viewpoint - Analysts expect Apple to launch foldable iPhone and iPad devices starting in 2026, utilizing "ultra-thin glass" technology [1][2] Group 1: Product Launch and Expectations - Apple is anticipated to release foldable devices, with significant confidence in their sales prospects from both management and industry analysts [2] - The shipment forecast for foldable iPhones in 2026 has been raised from 6-8 million units to 8-10 million units, with projections for 2027 reaching 20-25 million units, significantly higher than previous estimates [2] - Expected shipments for foldable iPads in 2028 are estimated to be around 500,000 to 1 million units [2] Group 2: Manufacturing and Supply Chain - General Interface Solution (GIS) is collaborating with Corning, the exclusive supplier of raw ultra-thin glass (UTG) for iPhones, to manage the backend processing of the glass [1][4] - The manufacturing of ultra-thin glass is more complex and costly, potentially two to four times the cost of traditional smartphone glass, due to its sensitivity to cracks and stress [2][5] - The process involves cutting, edge treatment, inspection, packaging, and shipping, which are critical for maintaining the quality and durability of the foldable screens [4][5] Group 3: Technical Challenges - Ultra-thin glass is more prone to micro-cracks and stress concentration, making the cutting and polishing processes crucial for ensuring product longevity and yield [5][6] - Achieving the desired characteristics of foldable screens, such as low visibility of creases and high durability, requires stringent control over the material properties and manufacturing processes [5][6] - The collaboration between Corning and GIS aims to standardize the edge strength and micro-crack control to ensure mass production quality [6]