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Apple Foldable iPhone Rumors Fuel Rally in Largan Precision and Shin Zu Shing
Electronic Technology · Electronic Components · economic_daily · 2026-08-27
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Shares of Largan Precision and Shin Zu Shing surged as anticipation grows for Apple's first foldable iPhone, with analysts highlighting new growth drivers.
What Happened
Apple Foldable Anticipation: Market excitement is building ahead of Apple's September event, with expectations centered on the launch of its first foldable iPhone. IDC projects first-year shipments could reach 10 million units, providing a significant tailwind for key Taiwanese supply chain partners.
Largan Precision's Outlook: Largan is benefiting from high-end lens upgrades and variable aperture technology, with analysts forecasting a 40% quarter-over-quarter revenue increase for Q3. Beyond optics, the company is gaining traction in the CPO sector, with major investment banks praising its superior precision alignment technology.
Shin Zu Shing's Recovery: Although Shin Zu Shing faced a sluggish Q2 and start to Q3, analysts expect a rebound in August and September driven by seasonal demand and new product launches. Market sentiment suggests the company has passed its operational trough and is entering a phase of renewed growth.
Future Growth Drivers: As a key supplier for Apple's foldable device hinges, Shin Zu Shing is positioned for long-term expansion. Projections indicate that the foldable hinge business could contribute approximately NT$4.1 billion in revenue by 2026, significantly bolstering the company's financial profile.