Huafu Securities·2025-06-22 08:11Investment Rating - The industry rating is "Outperform the Market" indicating that the overall return of the industry is expected to exceed the market benchmark index by more than 5% in the next 6 months [12]. Core Insights - Leading companies in the industry are actively investing in foldable screen products, with Apple's first foldable iPhone expected to launch in the fall of 2026 alongside the iPhone 18 Pro series [2]. - The smart glasses market is experiencing explosive growth, with transaction volume increasing over 8 times year-on-year, and a projected compound annual growth rate (CAGR) of over 60% from 2025 to 2029 [3]. - Major players like Meta and Apple are also entering the smart glasses market, with Meta's new headset expected to be priced above $300 and Apple's AI glasses anticipated to launch by the end of 2026 [3]. Summary by Sections Foldable Screen Products - Industry leaders are focusing on foldable screen technology, with significant product launches planned by major companies such as Apple, Honor, and Samsung [2]. Smart Glasses Market - The smart glasses market is projected to see a shipment volume of 12.8 million units globally by 2025, with a year-on-year growth of 26%, and the Chinese market expected to exceed 2.75 million units with a staggering growth of 107% [3]. Investment Opportunities - Suggested areas for investment include 3D printing applications, automation assembly equipment, automation testing equipment, Android-based 3C devices, foldable screen hinges, and components like middle frames and back covers [4].