LENS Technology (06613) saw its shares rise more than 6%, climbing 6.34% to HK$23.82 by the time of writing, with a trading volume of HK$164 million. The increase follows reports that Apple is set to launch its first foldable device, the iPhone Fold, in the second half of the year. Supply chain sources indicate that Apple holds strong confidence in sales of the new model, significantly raising its component orders by 20% above the original target—an unusual upward adjustment for a new Apple product in recent years. Zhongtai Securities previously noted that starting in 2026, major clients are expected to enter a cycle of hardware innovation, which is likely to boost the adoption rate of 3D glass back covers. As a key supplier, LENS stands to benefit. Additionally, the company is positioned to gain from increased demand for PET films, UTG glass, and glass support plates related to its major client’s inaugural foldable model. Separately, Caixin Securities highlighted that in the humanoid robotics sector, LENS has established a vertically integrated platform covering everything from core components to complete assembly. The company has already begun mass delivery of key components such as joint modules and dexterous hands, and has entered the supply chains of several leading enterprises in North America and China. In the AI data center field, LENS has strategically entered the global AI computing supply chain by acquiring PMG, a supplier certified by NVIDIA’s RVL program, accelerating its transformation into a worldwide AI hardware innovation platform.