Shares of Apple suppliers across Asia rose sharply after a Nikkei Asia report said the U.S. technology company plans to scale up output of its next-generation iPhones. The report said Apple expects to release at least five new iPhone models across the second half of 2026 and the first half of 2027.
According to the report, Apple has asked its supply chain partners to prepare to manufacture about 10 million foldable iPhones this year, an increase from an earlier forecast of 7 million to 8 million units. That upgraded allocation for foldable devices was a key driver of the day’s stock moves among suppliers in China, Hong Kong, Japan and South Korea.
Equity moves across the region included large gains for panel, component and memory suppliers. In China, Shenzhen-listed Luxshare Precision (SZ:002475) surged 7.4%, while Lens Technology Co Ltd (SZ:300433) jumped 3.5%.
In the memory sector, Samsung Electronics (KS:005930) rose 7% and SK Hynix Inc (KS:000660) surged 12% as chip names recovered along with the broader semiconductor complex. Hong Kong-listed AAC Technologies (HK:2018) advanced 4%, and Japanese suppliers Murata Mfg (TYO:6981) and TDK Corp (TYO:6762) each climbed by more than 1%.
The gains also tracked a broader rally in Asian technology shares after U.S. labor market data came in softer than expected. That data strengthened expectations that the Federal Reserve may opt to keep interest rates on hold, which in turn improved sentiment toward growth-oriented stocks, including those tied to Apple’s device ecosystem.
Investors reacted to both the production guidance for foldable iPhones and the prospect of an extended stable rate environment. The Nikkei Asia report’s details on model cadence and the increased foldable allocation were the proximate catalysts for the supplier moves on Friday.
Stocks mentioned in the article and reported moves:
- Luxshare Precision (002475) - surged 7.4%
- Lens Technology (300433) - jumped 3.5%
- Samsung Electronics (005930) - jumped 7%
- SK Hynix (000660) - surged 12%
- AAC Technologies (2018) - advanced 4%
- Murata Mfg (6981) - rose more than 1%
- TDK Corp (6762) - rose more than 1%
This market reaction reflects a combination of company-level production guidance relayed via the Nikkei Asia report and macro-driven shifts in investor appetite for technology and growth stocks after the U.S. jobs release. The report’s specific numerical guidance on foldable iPhone production and the stated timetable for new models were central to the price action in component and memory suppliers across the region.