Core Viewpoint - The company, Yian Technology, has the capability to produce amorphous alloy (liquid metal) hinge structural components and is actively collaborating with major brands in the development of new foldable smartphones [1] Group 1: Company Capabilities - The company has the strength and ability to manufacture amorphous alloy hinge structural components [1] - It is a partner for hinge structural components with brand manufacturers, continuously supporting the development of various new foldable smartphones [1] Group 2: Market Development - The company is increasing its efforts to expand the market for amorphous alloy hinge structural components and has already begun bulk supply to customers [1] - In 2024, the company will collaborate with well-known domestic manufacturers to develop lighter and thinner foldable smartphones [1] Group 3: Industry Impact - The amorphous alloy hinges play a crucial role in achieving lightweight designs for foldable smartphones [1] - The company has engaged in extensive cooperation with leading manufacturers in the series of products derived from the foldable smartphone sector [1]

Group 1 - The company, Green Precision (300968.SZ), specializes in manufacturing precision structural components for smart terminals and providing comprehensive technical solutions [1] - The precision structural components produced by the company for smartphones are characterized by being lightweight, thin, and having high airtightness [1] - These components have been applied in several foldable smartphones from Lenovo (MOTO) and North American G Company [1] Group 2 - There is a growing focus on hardware innovation, particularly in the mid-to-high-end segment, shifting towards foldable smartphones, with Chinese manufacturers expected to maintain the largest global market share for foldable smartphones [3] - According to IDC, the compound annual growth rate (CAGR) for China's foldable smartphone shipments is projected to reach 19.8% over the next five years [3] - The company has established technical reserves and production capacity for foldable smartphones, indicating a strong competitive edge in this area [3]

Core Insights - The foldable smartphone market is maturing, with decreasing prices and increasing adoption among mainstream consumers [1][2] - Honor has launched the Magic V Flip 2, featuring advanced specifications and a competitive price point, indicating a shift towards affordability in foldable devices [1] - The global foldable smartphone shipment is projected to grow at a compound annual growth rate (CAGR) of 49.48%, reaching 102 million units by 2027, with China expected to see significant growth [1][2] Industry Trends - Foldable smartphones are becoming a key innovation in consumer electronics, transitioning from high-end to mainstream markets [1] - The hinge and flexible screen technologies are critical areas of innovation, with major players like Huawei and Samsung leveraging self-developed hinge technology for competitive advantage [1] - The foldable smartphone hinge market is expected to reach a value of $1.2 billion by 2025, with hinge costs accounting for approximately 5%-8% of the bill of materials (BOM) per device [2] Competitive Landscape - Apple's entry into the foldable smartphone market is anticipated to enhance market penetration, with expectations of a rise in foldable smartphone penetration from 1.6% in 2025 to over 3% by 2027 [2][3] - The focus will shift towards manufacturing efficiency, cost control, and supply chain integration as Apple aims to differentiate its offerings in a more stable market [3] - Suppliers that can manage technology, production capacity, and price flexibility will be key beneficiaries in the upcoming growth cycle [3]

Group 1: Apple and Foldable Phones - Apple is expected to launch its first foldable iPhone in the second half of 2026, according to supply chain sources [1] - The demand for Apple's foldable iPhone is anticipated to be high due to its large customer base, but actual sales will depend on the final pricing [1] - Currently, competitors like Samsung, Huawei, Xiaomi, Vivo, OPPO, and Honor have already released multiple foldable phones, creating market anticipation for Apple's entry [1] Group 2: Market Trends and Competitor Analysis - According to TechInsights, global foldable phone shipments are projected to decline by 18% year-on-year to 3.8 million units in Q4 2024 [2] - Huawei has surpassed Samsung to become the market leader with a 31.2% market share, while Samsung's share has dropped to 26.7% [2] - Analysts from Goldman Sachs and Changjiang Securities express optimism about the future growth of the foldable phone market, highlighting the need for smartphone brands to innovate in the high-end segment [2] Group 3: Opportunities for Suppliers - The potential entry of Apple into the foldable phone market presents new growth opportunities for related supply chain material companies [2] - Apple's focus on innovative technology aims to address issues like screen creases and fragility, which could drive advancements in related materials [2]