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"Science and Technology Innovation Board Daily" August 9th (Reporter Huang Xinyi) This morning, many digital bloggers posted photos on social media platforms of Huawei's Executive Director Yu Chengdong operating a new phone in the cabin.

The photo shows Yu Chengdong holding a new three-fold screen phone, with what appears to be the WeChat App on the screen. The left screen is a message list, and the right is a dialog box or the web page being browsed. There seems to be a stylus hidden in the protective case on the right.

Since the beginning of this year, there have been constant reports that Huawei will launch a "triple-folding screen mobile phone". Earlier reports said that Huawei has begun to stock up on a large scale for triple-folding screen mobile phones. Since the hinge is the most critical component of a folding phone, Huawei has expanded its stocking orders with Taiwan bearing manufacturers Zhaoli and Fushida. In addition, panel manufacturers will also benefit directly.

A person from the consumer electronics industry chain told the reporter of the Science and Technology Innovation Board Daily that Huawei's new three-fold screen phone has been put into production.The price is expected to be high and the volume will not be large. We don’t know how mature the technology is at the moment. It is more of a product to show off its strength and attract attention.. It may be launched in Q3 or Q4 of this year.”

On July 15, Richard Yu revealed in a live broadcast of "Walking with Huawei" that Huawei's next-generation folding screen will be released soon after five years of research and development.The next generation of foldable screens is something everyone can think of, but they can’t make. We’ve been thinking about it for five years, and it may finally be coming out.。”

At present, Huawei's foldable screen market share ranks first in the domestic market. According to IDC data, China's foldable screen mobile phone shipments reached 2.57 million units in Q2 2024, a year-on-year increase of 104.6%. Among them, Huawei's market share is 41.7%; vivo, Honor, OPPO, and Samsung ranked second to fifth with shares of 23.1%, 20.9%, 8.4%, and 3%, respectively.

Tianfeng Securities believes that the growth rate of domestic foldable screens exceeded 100% in the second quarter, and continues to pay attention to investment opportunities in the foldable screen industry chain. "For the UTG link in the foldable screen mobile phones we track, the downstream demand for foldable mobile phones is still growing rapidly when consumer electronics are in a downturn. With the continuous downward trend of the industry price band, further promoting downstream demand is expected to achieve a positive cycle. We continue to be optimistic about the continued penetration of foldable screen mobile phones in the next 3-5 years."