---
title: "Market Insight | Apple concept stocks collectively decline, rumors of Apple raising automation production targets, EU's \"Digital Markets Act\" officially takes effect"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/207146948.md"
description: "Concept stocks related to Apple collectively declined, with FIH, BYD Electronic, Sunny Optical, and Q TECH all experiencing decreases. Apple is reportedly demanding contract factories to reduce manpower and increase automation production targets; the EU ruled that Apple's online app store rules violated the Digital Markets Act, initiating a new investigation into non-compliance. CICC believes that Apple's sales are expected to increase, driving benefits to the supply chain; CMB Securities is optimistic about the industry chain development opportunities brought by the Apple AI era. In short, the decline of concept stocks related to Apple is related to multiple news related to Apple"
datetime: "2024-06-25T06:32:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/207146948.md)
  - [en](https://longbridge.com/en/news/207146948.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/207146948.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/207146948.md) | [繁體中文](https://longbridge.com/zh-HK/news/207146948.md)


# Market Insight | Apple concept stocks collectively decline, rumors of Apple raising automation production targets, EU's "Digital Markets Act" officially takes effect

According to the Smart Finance APP, Apple concept stocks collectively fell. As of the time of publication, FIH (02038) fell by 4.39% to HKD 0.87; BYD ELECTRONIC (00285) fell by 4.29% to HKD 36.8; SUNNY OPTICAL (02382) fell by 3.65% to HKD 47.45; Q TECH (01478) fell by 3.37% to HKD 4.02.

On the news front, according to the Science and Technology Innovation Board Daily, Apple has reportedly demanded that its assembly factories reduce manpower on iPhone assembly lines by 50% in the coming years as part of its automation production target. In addition, the European Commission preliminarily ruled on the 24th local time that the rules of the U.S. Apple online app store violate the EU's "Digital Market Act" and has launched a new investigation against Apple for non-compliance.

Previously, CICC stated that Apple Intelligence supports the upgrade of the iPhone 15 Pro series and above models, which is expected to significantly increase user demand for upgrades, driving up Apple's sales volume. The AI user experience is expected to further drive user upgrades, benefiting the domestic Apple supply chain. CMB Securities pointed out that they are optimistic about Apple's AI era driving industry chain innovation at the end, ushering in a new round of development opportunities. Apple's AI is only supported starting from the iPhone 15 Pro series, which is expected to drive a wave of upgrades among old users, bringing upward flexibility to the performance and valuation of the domestic Apple chain

### Related Stocks

- [FIH (02038.HK)](https://longbridge.com/en/quote/02038.HK.md)
- [Q TECH (01478.HK)](https://longbridge.com/en/quote/01478.HK.md)
- [SUNNY OPTICAL (02382.HK)](https://longbridge.com/en/quote/02382.HK.md)
- [BYD ELECTRONIC (00285.HK)](https://longbridge.com/en/quote/00285.HK.md)

## Related News & Research

- [Jefferies Downgrades BYD Electronic Amid Earnings Shortfall and Rising Margin Challenges](https://longbridge.com/en/news/280978278.md)
- [Sunny Optical Tech final dividend of 120.60 HK cents per share](https://longbridge.com/en/news/281054134.md)
- [Shin Hwa World logs FY revenue HK$966.9 mln](https://longbridge.com/en/news/281055310.md)
- [Datang Renewable's 2025 Profit Falls 33%](https://longbridge.com/en/news/280955777.md)
- [13:21 ETNozzlePro Launches E-Commerce for Pressure Wash Nozzles, Enabling Instant Checkout and Transparent Pricing](https://longbridge.com/en/news/281406376.md)