Understanding the Market | BYD ELECTRONIC rebounded over 4% as institutions expect the company's 25H2 business momentum to significantly benefit from Apple's new products

Zhitong
2024.12.05 01:54
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BYD ELECTRONIC rebounded over 4%, as of the time of publication, up 3.72%, reported at HKD 39, with a transaction volume of HKD 170 million. According to news on December 4th, Tianfeng International Securities analyst Guo Minghao released a report indicating that BYD ELECTRONIC and Tianma Microelectronics are key suppliers for Apple’s smart home products, with BYD ELECTRONIC being the exclusive assembler for the HomePod equipped with a screen. The iPad Pro equipped with the M5 processor is expected to enter mass production in 2H25, and the company is anticipated to significantly benefit from Apple’s new products in 2H25. It is understood that BYD has successfully become Apple’s largest assembly partner for the iPad, responsible for supplying titanium alloy frames for the iPhone. To support its services for Apple, BYD has mobilized vast resources, including 100,000 skilled workers and 10,000 professional engineers, ensuring a smooth and high-precision process from electronic product assembly to electric vehicle assembly

According to Zhitong Finance APP, BYD ELECTRONIC (00285) rebounded over 4%, and as of the time of writing, it rose 3.72% to HKD 39, with a transaction volume of HKD 170 million.

On the news front, on December 4th, Tianfeng International Securities analyst Guo Mingqi released a report indicating that BYD ELECTRONIC and Tianma Microelectronics are key suppliers for Apple's smart home products, with BYD ELECTRONIC being the exclusive assembler for the HomePod equipped with a screen. The iPad Pro equipped with the M5 processor is expected to enter mass production in the second half of 2025, and the company is anticipated to significantly benefit from Apple's new products in that period.

It is understood that BYD has successfully become Apple's largest assembly partner for the iPad, responsible for supplying titanium alloy frames for the iPhone. To support its services to Apple, BYD has mobilized vast resources, including 100,000 skilled workers and 10,000 professional engineers, ensuring a smooth and precise assembly process from electronic products to electric vehicles