Foldable Screen Concept Surges as Sichuan Furong Technology Hits Limit-Up on Apple's Prototype Testing

Deep News12:01

The foldable screen concept opened sharply higher during early trading on April 7. Sichuan Furong Technology Co., Ltd. surged by the daily limit at the opening, while Dafu Technology rose over 10%. Land Equipment and Yi'an Technology advanced approximately 5%, with Jingyan Technology also among the top gainers.

Industry sources indicate that Foxconn has begun trial production of Apple's foldable iPhone. Apple has provided suppliers with shipment targets for 2025, aiming to launch its first foldable handset in the second half of 2026. This device is expected to be a large-screen foldable iPhone.

One supply chain analyst noted that Apple's extensive user base suggests strong potential demand for its foldable iPhone, though actual sales will depend on the final pricing strategy.

Research firm Counterpoint predicts that the foldable smartphone market will enter a new competitive phase in 2026 as Apple prepares to launch its first foldable iPhone. Given the premium positioning of foldable devices, early demand for Apple's foldable iPhone is expected to come primarily from existing iPhone users. Some consumers considering book-style foldable phones may also view Apple's upcoming device as an alternative, increasing the likelihood of ecosystem migration.

Regarding market impact, Donghai Securities highlighted that according to Counterpoint Research's "Foldable Smartphone Market Forecast" report, global shipments of foldable smartphones are projected to grow by 20% in 2026, supported by Apple's anticipated entry, continued premiumization of the smartphone market, and expanded participation from OEMs. Counterpoint Research forecasts that Apple will capture 28% market share by 2026, approaching Samsung's leading position—a shift expected to significantly reshape the global competitive landscape.

From a structural perspective, Guoyuan Securities pointed out that Apple's first foldable phone will adopt a book-style horizontal folding design, with core components including hinges and ultra-thin flexible glass (UTG). Related companies within the domestic supply chain may benefit from this development.

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