BYD Electronic (00285) is now up more than 4%, as of press time, up 3.87%, at HKD 37.6, turnover of HKD 0.352 billion.
According to the Smart Finance app, BYD Electronic (00285) is now up more than 4%, as of press time, up 3.87%, at HKD 37.6, with a turnover of HKD 0.352 billion.
On the news side, Apple unveiled its AI service suite for the first time at the Worldwide Developers Conference (WWDC) in June 2024. Morgan Stanley predicts that iPhone shipments will surpass 500 million units in the next two years, surpassing the previous record from 2021 to 2022. Specifically, the firm expects 66-69% of iPhone shipments in the 2025 and 2026 fiscal years to be new models, 2-6 percentage points higher than in fiscal year 2024 and 3 percentage points higher than the peak before fiscal year 2022, driving annual growth in iPhone ASP by 4-5%.
It is reported that BYD Electronic will acquire Jep Mobile Manufacturing Business by the end of 2023. Jep is a major supplier of titanium alloy frames for the iPhone 15 Pro, and the consolidation of parts of its business marks a breakthrough for the company in the largest category of products for major clients. In addition to the middle frame business, the company is actively expanding into other product categories, and the June release of Apple Intelligence Acceleration AI terminals by major clients is expected to benefit the company deeply.