Apple Supplier Lens Tech Soars in Hong Kong Trading Debut
July 10, 2025 | I-Connect007 Editorial TeamEstimated reading time: 1 minute
Hong Kong’s stock exchange had its busiest day of the year for new listings on July 9, as five mainland Chinese companies made their trading debuts.
Among them was Lens Technology, a manufacturer of touch-screen covers for Apple Inc.’s iPhone. Its shares began trading at HK$18.88, representing a 3.9 percent gain from its offer price of HK$18.18. The Shenzhen-listed maker of lens products raised $607 million in its Hong Kong IPO at the top end of an expected range, the South China Morning Post reported.
“Today’s listing of Lens in Hong Kong marks a significant milestone in [the company’s] global strategy,” said chairperson Chau Kwan Fei. “We will use Hong Kong as a lever to integrate international capital with Lens’s manufacturing strengths and the Chinese market, sharing in the growth dividends of Chinese manufacturing.”
The company, which also makes other components for consumer electronics, saw sales and profit rise at least 20 percent last year, fueled by demand for smart gadgets. But Lens Technology remained heavily dependent on a few major clients, most notably Apple, which accounted for nearly half of its total sales.
“Lens Tech is one of the few global consumer electronics solution providers with advanced capabilities in both glass and metal processing,” SDICS International Securities analyst Alex Wang wrote in a note. Still, the company faces risks, including “high customer concentration and intensifying industry competition,” Wang added.
Meanwhile, other top-tier China-based Apple suppliers, Goertek, and Luxshare are seeking capital as they, too, work toward IPOs on the Hong Kong Stock Exchange, according to Digitimes. Goertek is advancing a separate IPO for its subsidiary, Goertek Microelectronics, valued at roughly HK$80 billion. Luxshare confirmed its IPO plans in early July, and its expansion strategy relies on acquisitions, including Leoni AG (2024) and Wingtech assets (2025).
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
LQDX Inc. Completes Sale of Aluminum Clad Laminate IP to Toyo Aluminium K.K.
07/31/2025 | PR NewswireLQDX, formerly known as Averatek Corp., developer of high-performance materials for advanced semiconductor manufacturing, today announced that it has completed the divestiture of its Aluminum Clad Laminate IP – known as ACL™ – to Toyo Aluminium K.K., a Japan-based global market leader in specialty aluminum-based products for the consumer, electronics and automotive sectors.
Schneider Electric Reinforces India Strategy with Acquisition of Remaining Stake
07/31/2025 | Schneider ElectricSchneider Electric, the global leader in the digital transformation of energy management and automation, today announces that it has signed an agreement to acquire the remaining 35% stake of Schneider Electric India Private Limited (“SEIPL”) from Temasek to reach full ownership.
Nordson Corporation Announces Earnings Release and Webcast for Third Quarter Fiscal Year 2025
07/31/2025 | Nordson CorporationNordson Corporation today announced it will release third quarter fiscal year 2025 earnings on August 20, 2025, after the close of the market.
Brian O’Donnelly Appointed to Expanded Role, Strengthening Global Leadership to Drive Growth in the Fujifilm’s Electronic Materials Business
07/31/2025 | FujifilmFUJIFILM Corporation (President and CEO, Representative Director: Teiichi Goto) today announced that the company has appointed Brian O’Donnelly as its Corporate Vice President, strengthening global leadership to drive growth in the Electronic Materials Business.
Insulectro Facilitates Fabricator Access to EMC Mass Lam Capabilities
07/30/2025 | InsulectroInsulectro, the largest distributor of materials used in the manufacturing of printed circuit boards and printed electronics, announces a new service - a system to help our customers to access EMC's well established mass lam offerings. Long a leader in mass lam manufacturing, EMC is the exclusive supplier in Insulectro's laminate and pre preg portfolio.