ICH to Benefit from Apple's "iPhone Duo"; Q4 Supply Volume to More Than Double

Advanced and composite materials specialist ICH said Friday that it expects to benefit from the launch of Apple's first foldable smartphone, the "iPhone Duo." Its supply volume in the fourth quarter is expected to more than double from its original plan.

ICH supplies polyethylene (PE) foam for the iPhone Duo, a material that absorbs internal shocks and improves the durability of the folding section. The company secured the order by establishing a vertically integrated process that enables it to respond quickly to customer requirements and order volumes.

The iPhone Duo, officially launched Friday, has made a strong start, with initial stock selling out shortly after preorders began. The industry expects Apple's foldable phone shipments to reach approximately 14 million units by next year. Sales of the iPhone Duo are expected to push PE foam supply volumes to more than double the initial fourth-quarter estimate, reaching the 2 billion won range per month.

The company also supplies cushioning polyurethane foam and electromagnetic interference-shielding gaskets for Samsung Electronics' Galaxy Z8 series.

An ICH official said, "Apple's first foldable phone is receiving a better-than-expected response from the market, and our supply volume is increasing rapidly. As we supply key materials to both of the leading foldable phone manufacturers, we expect to benefit from the market's expansion."

This content was produced with the assistance of AI translation services.