[Yingjie Electric sees semiconductor revenue growth into Q4, Q1 next year]

According to Omdia's latest research, foldable phone AMOLED display panel shipments are expected to rebound in 2026, driven by new book-style foldables with wide aspect ratios, rising to 29 million units, up 44% year on year. The flexible AMOLED panel market based on LTPO technology is expected to grow. On the supply side, Samsung Display is expected to consolidate its leading position in 2026 by exclusively supplying AMOLED displays for Samsung's Galaxy Fold8 and Apple's iPhone Duo, with its share of the foldable display panel market projected to reach 66%.

Data from China's Ministry of Commerce show that, as of Oct 28, the 2026 trade-in program had driven cumulative sales of related goods past RMB 2 trillion, benefiting over 257 million people. Digital products covered by trade-in subsidies, including mobile phones and tablets, saw sales rise 44.8% year on year, lifting retail sales of communications equipment up 18.1% in the first three quarters. The policy has also driven green and smart upgrades: new energy vehicles (NEVs) accounted for 60.5% of trade-in purchases, and the NEV passenger car retail penetration rate has exceeded 60% for six consecutive months.

Devolink announced plans to invest about RMB 1.2 billion in a project to industrialize high-end optical connectivity products for AI computing and data centers. The project covers land acquisition, new cleanrooms, warehousing and supporting facilities, and production and testing equipment for high-end optical connectivity lines. The three product categories target in-cluster high-bandwidth interconnection, cross-region long-haul computing interconnection and scheduling, and dynamic all-optical networking for large-scale clusters, forming a matrix covering all tiers of AI computing interconnection. Completion is expected to enhance the company's high-end optical manufacturing and large-scale delivery capabilities.