Understanding the Market | Apple concept stocks lead the decline, multiple factors suppress smartphone demand, global smartphone shipment growth rate slowed in the second quarter
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Apple concept stocks performed poorly, with FIT HON TENG down 9.77%, Q TECH down 7.17%, and COWELL down 4.42%. An IDC report shows that global smartphone shipments are expected to grow by 1.0% year-on-year in 2025, but Omdia pointed out that shipments in the second quarter decreased by 2.8% quarter-on-quarter. According to analysis from China Merchants Securities, global macroeconomic uncertainty and tariff fluctuations have suppressed demand, especially in the low-end market. In the short term, the mass production of the iPhone 17 new model will boost sales
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