Group 1 - The core viewpoint of the article highlights the significant growth potential of foldable smartphones, which are expected to create a second growth curve for the smartphone market, with global shipments projected to rise from 9.1 million units in 2021 to 54.7 million units by 2025, reflecting a compound annual growth rate (CAGR) of 56.5% [1][2] - In Q1 2025, global smartphone revenue is expected to grow by 3% year-on-year, with the average selling price (ASP) reaching a historic high of $364, and high-end models priced above $600 accounting for 25% of the market, growing at 8%, significantly outpacing the overall market growth of 5% [1] - The development of Apple's foldable iPhone is currently in the P1 prototype stage, with expectations for completion of the prototype process by the end of 2025 and a potential market launch in the second half of 2026 [1] Group 2 - The hinge is identified as the component with the highest technological barrier in foldable smartphones, and innovations in this area are crucial for upgrading the industry chain [2] - The bill of materials (BOM) cost for foldable smartphones is significantly higher than that of traditional smartphones, primarily due to increased costs associated with hinges, cover glass, and flexible screens [2] - The global market for Metal Injection Molding (MIM) is projected to grow from $4.405 billion in 2024 to $8.877 billion by 2031, with a CAGR of 10.7%, indicating the increasing importance of MIM technology in hinge manufacturing [2]
苹果折叠iPhone 2026年下半年有望上市,这家公司提供相关精密零部件