电子设备行业动态点评：折叠屏市场“火热”，关注重要创新环节

Investment Rating - The report maintains an "Outperform" rating for the electronic devices industry [5] Core Insights - The global foldable smartphone shipment volume increased by 49% year-on-year in Q1 2024, marking the highest growth in the past six quarters, with Huawei leading the market at a 35% share [1] - The foldable smartphone panel shipment is expected to grow by 113% year-on-year in Q2 2024, reaching 9.25 million units, driven by early procurement and production by Samsung and strong demand from Huawei [1] - The penetration rate of foldable smartphones is projected to reach 4.8% by 2028, supported by ongoing technological advancements and patent developments from companies like Huawei [2] - The report highlights the importance of the supply chain for components such as screens and hinges, which are expected to see significant growth as foldable devices gain market share [2] Summary by Sections Recent Developments - Counterpoint Research reported a significant increase in foldable smartphone shipments, with Huawei's Mate X5 and Pocket 2 contributing to this growth [1] - DSCC forecasts a substantial rise in foldable smartphone panel shipments, attributing this to Samsung's proactive procurement and Huawei's increasing demand [1] Market Trends - The foldable smartphone market is experiencing a sustained high growth rate, with expectations for continued penetration increases through 2028 [2] - The report emphasizes the potential for component suppliers to benefit from the rising demand for foldable devices, particularly in the display and mechanical systems sectors [2]