The healthy sales of the iPhone 7 and 7 Plus, which feature wireless headphone capability and a dual camera, have again demonstrated the company's unbeatable status in wearable devices. As a result, stock commentators have foreseen Chinese suppliers benefiting from the new demand.
Citing supply chain sources, Economic Daily News reported on Sept. 6 that Apple recently requested a batch of wireless charging chip samples from IDT and NXP for upcoming iPhone products. IHS Markit forecasts that the total market for wireless charging in wearable technology will be worth over $1 billion by 2019.
Based on market prospects, China's Founder Securities has ranked Shenzhen-based battery maker and a wireless charging developer Desay Battery Technology （000049） as a highly recommended product for investors. The developer is expected to have an EPS of 0.97 RMB and a P/E ratio of 40 times in 2016, reaching an EPS of 2.7 RMB and a P/E ratio of 14.5 times in 2018. Essences Security has also forecast the stock market success of battery makers LUXSHARE-ICT （002475), Shenzhen Sunway Communication Co., Ltd. （300136) and Huizhou SPEED Wireless Technology Co. Ltd. （300322）.
Japanese publication Nikkei reported that Apple plans to launch three iPhone models in 2017, one being a premium version with a curved, organic, light-emitting diode (OLED) display. Dai Pengju, Sealand Security analyst, believes that OLED screens will soon be used more widely in high-end smart phones due to the "Apple effect." Dai recommended Shenzhen-based Mason Technology （002643） for Chinese investors, which is China's only supplier for the world's largest liquid crystal makers - Merck, Chisso and DIC Corp.
The iPhone 7 Plus features both an f/1.8, 28-millimeter wide-angle lens and a 56-millimeter telephoto lens on its back. Apple follows HTC, LG and Huawei down the dual-shooter path, with more phone makers expected to jump on the wagon in coming months. Ping'an Security has recommended to investors the Chinese optics manufacturing companies Shenzhen O-FILM Tech Co., Ltd. （002456）, Jiangxi Lianchuang Electronic Co., Ltd. （002036) and Zhejiang Crystal-Optech Co., Ltd. （002273）.
Apple stock had soared nearly 10 percent by Sept. 14, as investors cheered the latest iPhone's strong start. Initial quantities of the iPhone 7 Plus have sold out globally in just in a week, the company announced on Wednesday.
