Understanding the Market | BYD ELECTRONIC rises over 5% again, the company is expected to significantly benefit from Apple's new products in the second half of next year
BYD ELECTRONIC's stock price rose over 5% again, reaching HKD 41.3, with a transaction volume of HKD 354 million. Analyst Ming-Chi Kuo pointed out that BYD ELECTRONIC is a key supplier for Apple's smart home products and is expected to benefit significantly from Apple's new products in the second half of 2025. In addition, the second phase project of BYD ELECTRONIC in Changsha has officially commenced production, with an expected annual output of 10 million units and an annual output value exceeding 10 billion yuan
According to Zhitong Finance APP, BYD Electronic (00285) has risen over 5% again, with a current increase of 5.09%, priced at HKD 41.3, and a transaction volume of HKD 354 million.
On the news front, Tianfeng International Securities analyst Guo Mingqi previously 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 screen-equipped HomePod. Following the iPad, the company has once again secured new assembly orders from Apple, further strengthening its position as an assembly supplier in Apple's supply chain. The iPad Pro equipped with the M5 processor is expected to enter mass production in the second half of 2025, and BYD Electronic is anticipated to benefit significantly from Apple's new products in the second half of 2025.
In addition, according to the official WeChat account of Changsha Commerce, on the morning of November 30, the second phase project of Changsha BYD Electronic officially commenced production, with an expected annual output of 10 million smart terminals. Changsha BYD Electronic is a professional EMS (Electronic Manufacturing Services) supplier under BYD Company. It is reported that the total investment for the second phase project is 1 billion yuan, leasing 88,000 square meters of high-standard factory space in the 5G smart terminal industrial park to build a production base for high-end smartphones and other terminal products. Once fully operational, it will add an annual output of over 10 million smart terminals, with an annual output value exceeding 10 billion yuan