[Brokerage Focus] Goldman Sachs: China's smart phone market welcomes the innovation wave of foldable phones, new forms and component upgrades become growth drivers.

Goldman Sachs' latest research report titled "China's Smart Phones: Surge in Foldable Phone Patents, New Forms and Component Upgrades Lead Growth" points out that the institution has reviewed the patents for foldable phones and the pipeline for new models, holding an optimistic view on the future market penetration of foldable phones. The report emphasizes a significant increase in the number of patents submitted in 2024, reflecting the following trends: 1) The development of new forms, shifting from clamshell and horizontal foldable phones to three-fold and four-fold phones, which is expected to enhance the value of the supply chain; 2) Component upgrades: more durable panels and newly designed hinges, especially for three-fold phones.

Jinwu Financial NewsDec 4 03:25 ET

Foxconn's parent company, fujifilm holdings corporation unsponsored adr, announced its entry into the OpenUSD alliance.

Jinwu Financial News | Foxconn's parent company Hon Hai announced its membership in the OpenUSD Alliance, supporting the construction of a 3D ecosystem to promote cooperation among various global industries and advance the standardization of general scene descriptions. The OpenUSD Alliance was jointly established in August 2023 by Pixar, adobe, Apple, Autodesk, and NVIDIA, aiming to establish OpenUSD as an international cross-industry standard to maximize compatibility and facilitate broader adoption, integration, and implementation.

Golden Guard Financial NewsNov 20 02:28 ET

Investor Optimism Abounds FIH Mobile Limited (HKG:2038) But Growth Is Lacking

Simply Wall StNov 18 21:43 ET

Apple Supplier Foxconn Reports Strong Q3, Driven By AI Servers

Business TodayNov 14 01:36 ET

Fih rose over 7% in the afternoon, as the company stated that financial performance is expected to improve in the second half of the year.

fih (02038) rose more than 18% in the morning, slightly fell in the afternoon, with the stock price currently up 6.90% at 0.93 Hong Kong dollars, with a turnover of 60.7425 million Hong Kong dollars. fih announced earlier that as of the end of September, the revenue and other operating income for the first three quarters were 4.15 billion US dollars, a 20% year-on-year decrease; the loss narrowed from 70.2 million US dollars in the same period last year to 26.211 million US dollars.

Sina Hong Kong stocksNov 13 00:41 ET

Foxconn's Third-Quarter Profit Likely Rose 6.9% -- Earnings Preview

WSJNov 12 02:45 ET