Industry media reports that Tecno, a brand under Transsion, recently showcased the Phantom Ultimate 2 foldable phone, which features 2 hinges, 3 panels, and a thickness of 11mm when folded. Tecno stated that the phone is currently in the conceptual phase, with a screen size of 6.48 inches when folded. One hinge folds inward and the other folds outward, forming a Z shape. When unfolded, a 10-inch (4:3, 3K LTPS) screen is revealed.

According to CINNO Research data, the sales volume of foldable smartphones in the Chinese market reached 2.62 million units in the second quarter of 2024, a year-on-year increase of 125% and a quarter-on-quarter increase of 11%. This is the fourth consecutive quarter of triple-digit year-on-year growth. Shanghai Securities believes that the release of multiple new models is expected to stimulate the foldable smartphone market. East Money Information Securities stated that according to data from IDC and TrendForce, the shipment volume of foldable smartphones has maintained a high growth rate in the long term, and the penetration rate is expected to continue to increase. It is estimated that the penetration rate will reach 4.8% by 2028. With the gradual iteration and advancement of technologies such as Huawei's tri-fold screen patent, foldable devices are expected to open up a larger market space.

According to the Financial Data Center, among related listed companies:

Daoming Optics & Chemical's graphene thermal film has been applied to OPPO Find N3 Flip foldable phones, as well as Nubia Red Magic 8S Pro, 8/8 Pro/8 Pro+, Red Magic 9 Pro, and Z50 model phones, among other brands.

Dongguan Golden Sun Abrasives has made significant breakthroughs in the full process of precision structural components and polishing materials for titanium alloy foldable screens in the field of consumer electronic products.