Lingyi iTech revealed as supplier for Apple's foldable iPhone Duo; shares surge toward daily limit

Product / TechIndustry
โดย 数据宝·CNUS·Read original
Summary · why it matters

At around 11:04 a.m. on September 10, Lingyi iTech suddenly shot higher, with its share price flipping from negative to positive in an instant and climbing more than 9% within 10 minutes, approaching the daily limit. According to media reports citing industry chain sources, Lingyi iTech is a supplier for Apple's first foldable phone, the iPhone Duo, providing core precision components for the new-generation device, including hinge precision structural parts, screen support plates, and ultra-thin vapor chambers, with per-unit value higher than that of a bar phone. The consumer electronics industry saw a rare concentrated launch window this week: in the early hours of September 10, Apple held its fall 2026 event, unveiling its first foldable iPhone Duo and the iPhone 18 Pro series. The iPhone Duo is the thinnest iPhone ever, starting at 15,999 yuan, while the iPhone 18 Pro series features a 2-nanometer A20 Pro chip and starts at 9,999 yuan. Huawei and Xiaomi held their fall product launches on Monday, meaning the three giants rolled out flagship products within one week, with foldable phones at the center of this round of competition. Earlier reports said Apple had raised its 2026 foldable iPhone stocking target from 7 million to 8 million units to about 10 million units, though initial production ramp-up still faces challenges due to extremely strict quality control standards. Well-known Apple analyst Ming-Chi Kuo expects shipments in the third quarter of this year to be only about 500,000 to 1 million units, constrained by hinge and flexible screen assembly yields. Counterpoint Research data shows that cumulative global foldable phone shipments will surpass 100 million units by the end of 2026, up 24% year on year.

Impact on stocks 3

Artificial Intelligence▲ · 1 stocks
Apple Inc.
AAPL
▲ PositiveDemandrelevance

Apple unveiled its first foldable iPhone Duo and iPhone 18 Pro, with foldable stocking target reportedly raised to ~10 million units, signaling product demand.

Electrification & Mobility▲ · 1 stocks
Xiaomi Corp
1810
± MixedCompetitionrelevance

Xiaomi held its fall launch the same week with foldables at the center of competition, but no specific Xiaomi development is detailed.

Others▲ · 1 stocks
Lingyi iTech Guangdong Co
002600
▲ PositiveDemandrelevance

Lingyi iTech is revealed as a supplier of core precision components for Apple's foldable iPhone Duo, with higher per-unit value.

Theme Impact 1

Off-coverage companies 1

HuaweiPrivate± Mixed
Competitionrelevance

Huawei held its fall product launch the same week amid foldable competition, but no specific Huawei development is detailed.

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