Zhi Tong Cai Jing·2026-01-29 07:34Core Viewpoint - Gao Wei Electronics (01415) experienced a decline of over 5%, currently down 5.27% at HKD 29.5, with a trading volume of HKD 117 million [1] Group 1: Company Performance - Gao Wei Electronics' stock price underperformed compared to the Hang Seng Index in the previous quarter, attributed to market concerns over rising memory prices potentially weakening iPhone demand [1] - The company is expected to see resilient orders this year, with an anticipated 8% year-on-year growth in electronic manufacturing services shipment volume in the first half of the year [1] Group 2: Industry Insights - Analyst Ming-Chi Kuo from Tianfeng International Securities stated that Apple's pricing strategy for the iPhone 18 series aims to avoid price increases, which is beneficial for marketing [1] - Apple is set to announce its fiscal Q1 2026 earnings after the US market closes on January 29 [1] - Current memory pricing for iPhones is negotiated quarterly rather than semi-annually, indicating a potential price increase in the second quarter of 2026, with the expected quarterly increase similar to that of the first quarter [1]