We hosted Lingyi's (002600.SZ, Buy) management on Sep 5 at our Asia Leaders Conference 2025. Key discussions were around Lingyi's business outlook, consumer electronics business, and expansion to AI server thermal solution. Lingyi will keep improving its revenue scale and profitability and sees business opportunities in foldable phones, robots, AI / AR glasses, and AI servers business. Management remains positive on dollar content increase in smartphones, riding on growing foldable smartphones, with high te ...