On September 10, Lingyi iTech surged in intraday trading, rising to a high of 13.67 yuan, just one cent short of the daily limit, and closed the morning session up 5.39%, with its latest market value exceeding 100 billion yuan. According to a report by China Securities Journal, the reporter learned exclusively from industry chain sources that Lingyi iTech is a supplier for Apple's first foldable phone, the iPhone Duo, providing core precision components for the new-generation terminal products, including hinge precision structural parts, screen support plates, and ultra-thin vapor chambers, with a per-unit value higher than that of bar-type phones. The company recently stated during institutional research that various foldable projects are progressing smoothly, and mass production ramp-up and customer delivery are advancing as planned in the third and fourth quarters. Lingyi iTech's 2026 semi-annual report shows that the company is a globally leading AI hardware intelligent manufacturing platform enterprise, achieving revenue of 25.149 billion yuan in the first half of 2026, up 6.45% year-on-year.
Apple Inc.Lingyi iTech revealed as supplier of core precision components for Apple's first foldable iPhone Duo, supporting the new product's launch.
Lingyi iTech Guangdong CoNamed as supplier of hinge parts, screen support plates and vapor chambers for Apple's foldable iPhone Duo, with higher per-unit value and Q3/Q4 mass production ramp-up.
