Industry Trend - The foldable iPhone's hinge component's unit price is significantly lower than expected, which is beneficial for Apple [1] - Changes in suppliers are beneficial for Foxconn (鴻海) [1] - Luxshare (立訊) is a potential supplier [1] Company Impact - The contribution of Shin Zu Shing (新日興) and Amphenol needs to be re-evaluated [1]

我在6個月前預測折疊iPhone將會採用側邊按鍵的Touch ID。目前有市場傳言折疊iPhone將會採用螢幕下方的超音波指紋辨識，我的理解這不大可能會發生。預期立訊將是折疊iPhone的側邊按鍵Touch ID模組供應商。郭明錤 (Ming-Chi Kuo) (@mingchikuo):Apple的首款折疊iPhone預測：市場定位、硬體規格、開發時程、出貨預估點擊閱讀https://t.co/7tIVjHkqQr https://t.co/4sfKKlQt4K ...

Investment and Production Expansion - Fine M-Tec plans to invest approximately ₩175 billion (approximately $130 million USD) from July 17, 2025, to January 20, 2027, to expand production capacity for precision laser technology due to the growing foldable phone market [1] - The investment is partly driven by anticipated demand from Samsung for Galaxy Z Fold 8, which is expected to use higher-priced, laser-drilled display metal plates to compete with the foldable iPhone [2] Competitive Landscape and Supplier Dynamics - The industry anticipates that foldable iPhones will utilize laser drilling technology for display metal plates to meet Apple's high standards for crease-free screens [1][2] - Fine M-Tec is expected to be the exclusive supplier of laser-drilled display metal plates for Samsung's Galaxy Z Fold 8, potentially increasing the company's ASP (Average Selling Price) and profits significantly in 2026 [2] - Fine M-Tec is also expected to benefit from the adoption of SDC (Samsung Display Corporation) display solutions for foldable iPhones [3] Future Outlook - Further investments from Fine M-Tec related to the foldable iPhone are expected in the future [3]

Production & Timeline - Hon Hai (Foxconn) is expected to officially start the project for the foldable iPhone at the end of 3Q25 or the beginning of 4Q25 [1] - Many component specifications, including the hinge, are yet to be finalized [1] - Mass production of the foldable iPhone is projected to begin in 2H26 [1] Display & Capacity - Samsung Display (SDC) is anticipated to establish a production capacity of approximately 7-8 million units of foldable screens annually for the foldable iPhone [1] - The actual screen shipments for the foldable iPhone in 2026 are expected to be lower than the annual production capacity due to limited production time [1] Order Volume & Market Expectations - Recent market rumors of Apple placing orders for 15-20 million units of foldable iPhones refer to the total order volume over a product lifecycle of 2-3 years, not the 2026 shipment volume [1] - The foldable iPhone model is expected to have annual shipments in the millions in 2027 and 2028, potentially due to its high price [1] Caveats - All details are subject to change before the official project commencement [1]