Investment Rating - The report suggests a positive outlook for the foldable smartphone industry, indicating a recommendation to focus on companies within the foldable screen supply chain [6]. Core Insights - Huawei has launched the world's first three-fold screen smartphone, HUAWEI Mate XT, featuring advanced hardware specifications and innovative technology [5]. - Global shipments of foldable smartphones increased by 48% year-on-year in Q2 2024, with China accounting for over half of the market share [5]. - The Chinese foldable smartphone market is projected to reach 10.68 million units in 2024, representing a year-on-year growth of 52.4% [5]. Summary by Sections Product Launch - Huawei's HUAWEI Mate XT features a 10.2-inch tri-fold OLED display, a robust hinge system, and advanced imaging capabilities, with a starting price of 19,999 yuan [5]. Market Performance - In Q2 2024, China's foldable smartphone market saw a shipment of approximately 2.57 million units, marking a 104.6% increase year-on-year, with Huawei holding a 41.7% market share [5]. Future Projections - The report forecasts that by 2028, the Chinese foldable smartphone market will exceed 17 million units, with a five-year compound annual growth rate (CAGR) of 19.8% [5].
电子元器件行业信息点评：华为三折叠屏发布，折叠屏手机有望加速渗透
Haitong Securities·2024-10-07 07:40