Market Overview - On August 20, the Apple supply chain and mobile phone industry experienced significant gains, with stocks like Kosen Technology achieving a four-day consecutive rise, and several others hitting the daily limit up [1] Apple Supply Chain Performance - The Apple supply chain index rose by 1.62%, driven by the commencement of mass production for the iPhone 17 [2] - Notable stock performances included: - Kosen Technology (603626.SS): +10.03% - Chaoyang Technology (002981.SZ): +10.01% - Anjie Technology (002635.SZ): +10.01% - Other companies like Huawai Technology and Suzhou Tianmai also saw significant increases [2] Event: iPhone 17 Mass Production - The iPhone 17 series is set for a major design overhaul, with a launch event scheduled for September 9, featuring four models with differentiated camera layouts [3] - Foxconn, the main manufacturer for Apple, is ramping up hiring at its Zhengzhou plant in anticipation of the peak production season [3] - TrendForce forecasts that the penetration rate of foldable phones will rise from 1.6% in 2025 to over 3% by 2027, driven by Apple's anticipated foldable product launch in late 2026 [3] Institutional Insights - Analysts suggest that the iPhone 17 will usher in a new wave of innovation, with enhancements in AI capabilities, thermal management, and battery technology, leading to a positive growth trend for Apple’s hardware sales from 2025 to 2026 [4] - Apple's CEO Tim Cook announced a $100 billion investment plan, which may mitigate tariff burdens and provide a competitive edge over foreign rivals like Samsung, benefiting the Chinese electronics manufacturing sector [4] - The introduction of foldable screens is expected to replicate the success of AirPods, potentially driving high growth in the foldable screen supply chain, with projected annual sales reaching ten million units by 2026 [4]