According to a report published by Dahua Jixian, Apple and high-end Android phones were relatively more resilient during this performance period, while low-end and mid-range Android phones were severely impacted by component price increases. The bank expects pressure to continue until 2027, and favors fruit chain stocks over the Android supply chain because their shipments, profit margins, and average sales prices are more resilient; at the same time, they are optimistic that their business has actually diversified into AI equipment and AI server manufacturers, which it believes can provide a meaningful buffer. The bank maintains the industry's “gain” rating and is optimistic that there is more AI hardware than the mobile phone supply chain. The bank mentioned that Shunyu, Qiu Tai, and Ruisheng all expect high double-digit growth in related businesses in 2026; AI infrastructure components will be released starting in the second half of this year.

According to a report published by Dahua Jixian, Apple and high-end Android phones were relatively more resilient during this performance period, while low-end and mid-range Android phones were severely impacted by component price increases. The bank expects pressure to continue until 2027, and favors fruit chain stocks over the Android supply chain because their shipments, profit margins, and average sales prices are more resilient; at the same time, they are optimistic that their business has actually diversified into AI equipment and AI server manufacturers, which it believes can provide a meaningful buffer. The bank maintains the industry's “gain” rating and is optimistic that there is more AI hardware than the mobile phone supply chain. The bank mentioned that Shunyu, Qiu Tai, and Ruisheng all expect high double-digit growth in related businesses in 2026; AI infrastructure components will be released starting in the second half of this year.