Huawei significantly increases the shipment volume of foldable screen mobile phones, and related incremental component manufacturers are expected to benefit

2023-05-17

Huawei has revised its shipping target for MateX3 from the previously set 1.47 million units to over 3 million units. With the addition of MateX3, Huawei will inevitably increase its total component orders for foldable smartphones. According to DIGITIMES Research, global shipments of foldable smartphones may increase from 18.3 million in 2022 to 29.1 million in 2023 and 45.2 million in 2024. Ping An Securities pointed out that the MateX3 series, as Huawei's latest horizontally foldable screen phone launched after two years, has achieved a breakthrough in portability through structural optimization and material innovation on the hardware side, and related incremental component manufacturers are expected to benefit. According to the theme database of Cailian News Agency, among the relevant listed companies, Huawei is the largest customer of Lihexing. The company's OLED flexible screen laminating equipment is mainly used to cover protective film and heat dissipation film on 3D curved OLED flexible panels. Jingyan Technology currently has the mass production capacity to assemble MIM parts and hinges for folding screen mobile phones. It has developed and supplied multiple folding screen mobile phones for top brand customers in bulk. (New News Agency)

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