Lingyi Itech's Hong Kong Shares Surge Over 8% on Apple Foldable Phone Supplier News

Deep News
3 hours ago

Hot sectors, self-selected stocks, data centers, market trends, and capital flows are all covered in this trading client update. Lingyi Itech (Guangdong) Company (002600) shares in Hong Kong rallied sharply in intraday trading, climbing more than 8% after briefly dipping nearly 2% earlier in the session, while its A-share listing surged close to 9%.

According to media reports citing sources from the industry supply chain, Lingyi Itech (Guangdong) Company has been identified as a key supplier for Apple's first foldable smartphone, the iPhone Duo. The company is set to provide core precision components for the new generation terminal product, including hinge structural parts, screen support plates, and ultra-thin vapor chambers. The per-unit value of these supplied components is notably higher compared to those used in traditional bar-style smartphones.

Recently, during an institutional research briefing, Lingyi Itech (Guangdong) Company revealed that its various foldable screen projects are progressing smoothly. The company indicated that production ramp-up and customer deliveries are proceeding as planned through the third and fourth quarters of this year.

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