{
  "id": 3271043,
  "title": "Divergent results for Apple suppliers highlight memory price squeeze ahead of new iPhone",
  "url": "https://urgent.news/2026/08/25/divergent-results-for-apple-suppliers-highlight-memory-price-squeeze",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-25T13:30:06.000Z",
  "source": {
    "name": "SCMP Tech",
    "slug": "scmp-tech",
    "url": "https://www.scmp.com/tech/big-tech/article/3365236/divergent-results-apple-suppliers-highlight-memory-price-squeeze-ahead-new-iphone"
  },
  "original_language": "en",
  "account": "Two prominent Chinese suppliers to Apple, Lens Technology and Luxshare Precision Industry, reported conflicting first-half results, highlighting the impact of soaring memory prices on their profits. Lens Technology, a Shenzhen and Hong Kong-listed firm specializing in smartphone glass screens, witnessed its net income plummet to 577 million yuan (approximately US$85.8 million) in the six months ending June, a sharp decline from 1.16 billion yuan in the same period last year. The revenue decline of 12.4% to 28.9 billion yuan was attributed to soaring memory costs, which stifled market demand and led to production reductions at its Xiangtan factory. Exchange rate fluctuations further exacerbated the situation. However, Lens Technology remains optimistic, expecting revenue and profit boosts from high-end components for its forthcoming foldable device project with a major client, widely speculated to be Apple. The firm anticipates high-value products such as ultra-thin glass, colorless polyimide film, and 3D glass covers to drive sales in the second half of the year, positioning itself as a primary beneficiary of the shift from bar-type to foldable handsets.\n\nIn contrast, Luxshare Precision Industry has navigated the challenges by diversifying its business away from smartphones. The supplier's first-half revenue surged 40% to 174.5 billion yuan, while net profit rose 18% to 7.8 billion yuan. This growth was primarily driven by its fast-growing automotive electronics and data centre businesses. Consumer electronics, which accounted for 70% of Luxshare's revenue in the first half, saw a decline from 82% a year earlier. Luxshare anticipates its net profit for the January to September 2026 period to range between 13.25 billion and 14.40 billion yuan, reflecting a growth of 15 to 25% compared to the same period in 2025. The company attributes this projected growth to innovations in AI-powered consumer devices and progress in data centre projects.",
  "summary": "Two major Chinese suppliers to Apple posted divergent first-half results, underscoring how soaring memory prices are squeezing profits even as component makers pin their hopes on upcoming iPhone releases for a second-half rebound. Lens Technology, a Shenzhen- and Hong Kong-listed maker of smartphone glass screens, saw its net income nearly halve to 577 million yuan (US$85.8 million) in the six…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "The Indian Express",
        "title": "Huawei puts a wider screen on a non-foldable ahead of Apple’s iPhone Ultra debut",
        "url": "https://urgent.news/2026/08/25/huawei-puts-a-wider-screen-on-a-non-foldable-ahead-of-apples-iphone",
        "published": "2026-08-25T11:26:18.000Z"
      },
      {
        "outlet": "9to5Mac",
        "title": "Apple unveils new Mac Studio with M5 Max and M5 Ultra",
        "url": "https://urgent.news/2026/08/25/apple-unveils-new-mac-studio-with-m5-max-and-m5-ultra",
        "published": "2026-08-25T13:00:00.000Z"
      },
      {
        "outlet": "Tom's Guide",
        "title": "Apple just announced the new Mac Studio with M5 Ultra — and it will be a local AI powerhouse",
        "url": "https://urgent.news/2026/08/25/apple-just-announced-the-new-mac-studio-with-m5-ultra-and-it-will-be",
        "published": "2026-08-25T13:00:00.000Z"
      },
      {
        "outlet": "Six Colors",
        "title": "Apple unveils M6, M5 Ultra chips and updates its desktop Macs",
        "url": "https://urgent.news/2026/08/25/apple-unveils-m6-m5-ultra-chips-and-updates-its-desktop-macs",
        "published": "2026-08-25T13:00:45.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Apple says M5 Ultra uses a quad-die 3nm architecture, \"a first for Apple silicon\", with inter-die bandwidth of 4.4TB/s+ and up to a 36-core CPU and 80-core GPU (Steve Dent/Engadget)",
        "url": "https://urgent.news/2026/08/25/apple-says-m5-ultra-uses-a-quad-die-3nm-architecture-a-first-for",
        "published": "2026-08-25T13:22:32.000Z"
      },
      {
        "outlet": "Tom's Hardware",
        "title": "Apple launches new M6 and M5 Ultra Apple silicon chips — debuting in new Mac Mini and Mac Studio",
        "url": "https://urgent.news/2026/08/25/apple-launches-new-m6-and-m5-ultra-apple-silicon-chips-debuting-in",
        "published": "2026-08-25T13:26:19.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "Apple debuts its ‘most powerful chip ever’ in M5 Ultra and M6",
        "url": "https://urgent.news/2026/08/25/apple-debuts-its-most-powerful-chip-ever-in-m5-ultra-and-m6",
        "published": "2026-08-25T14:10:36.000Z"
      },
      {
        "outlet": "XDA Developers",
        "title": "Apple's new M5 Ultra Mac Studio packs its \"most powerful chip ever,\" while the Mac mini jumps to M6",
        "url": "https://urgent.news/2026/08/25/apples-new-m5-ultra-mac-studio-packs-its-most-powerful-chip-ever",
        "published": "2026-08-25T15:00:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}