Core Viewpoint - The article discusses the evolution and challenges of foldable smartphones, particularly focusing on OPPO's journey in overcoming the persistent issue of creases in foldable screens, highlighting their significant investment and technological advancements in this area [2][4][7]. Group 1: OPPO's Journey in Foldable Technology - OPPO has been working on foldable screen technology since 2014, with a dedicated team led by Cheng Jiao, who has been with the company since its early days [5][12]. - The company has invested over 3 billion yuan in research and development for foldable screens, resulting in more than 3,500 technology patents [7]. - OPPO's latest model, the Find N6, aims to tackle the crease issue, which has been a significant barrier in the foldable smartphone market [4][54]. Group 2: Challenges and Innovations - The foldable smartphone industry has faced numerous challenges, particularly with the crease problem, which has led to delays and strategic shifts among major players like Apple and Samsung [2][4]. - OPPO's approach has been characterized by a commitment to solving one major issue with each product iteration, leading to significant advancements in design and functionality [8][28]. - The development of the Find N3 highlighted the limitations of OPPO's internal capabilities, prompting a reevaluation and restructuring of their R&D processes to better support future innovations [27][32]. Group 3: Collaboration and Supply Chain - OPPO has established a collaborative ecosystem termed "Sky Partner," which includes key suppliers like Samsung and Amphenol, to enhance their foldable technology [47][50]. - The company emphasizes a partnership approach with suppliers, viewing their challenges as shared responsibilities, which fosters a collaborative environment for innovation [48][49]. - The integration of various teams within OPPO has improved efficiency and innovation in the development of foldable technology, particularly in addressing the complexities of screen, hinge, and material design [32][41]. Group 4: Future Directions - OPPO plans to continue addressing the crease issue in future models while maintaining the lightweight and thin design achieved in the Find N5 [55][56]. - The company recognizes the importance of battery life and AI technology in future foldable devices, indicating a shift towards enhancing overall user experience [58]. - The commitment to continuous improvement and innovation in foldable technology reflects OPPO's long-term vision for the smartphone market [60][61].

Group 1 - The core viewpoint of the articles highlights the growth potential of the foldable screen market, with liquid metal technology being a key material for high-end devices, positioning the company as a rare core supplier in this sector [1][2] - The company has established itself as a leader in the liquid metal industry, achieving large-scale production of zirconium-based amorphous alloys with exceptional properties, including a strength of ≥1200MPa and the ability to withstand over 300,000 folding cycles [1] - The company has a comprehensive production capability from material formulation to precision molding, holding over 200 core patents and maintaining a stable yield rate of over 95%, creating a significant technological moat [1] Group 2 - The foldable screen market is expected to see rapid growth due to technological maturity and price reductions, with liquid metal being favored for its lightweight and precision advantages, reducing weight by 40% compared to traditional magnesium alloys [2] - The company's liquid metal technology has applications beyond consumer electronics, extending into fields such as smart robotics and new energy vehicle components, forming a growth matrix that supports long-term development [2] - Despite facing operational challenges, including pressure on profit margins from traditional magnesium products and a decline in R&D investment, the company is expected to optimize its revenue structure and improve profitability with the launch of a new production base [2]