Apple has a perpetual license to use Liquidmetal in consumer electronic products, and will reportedly utilize Liquidmetal hinges in the upcoming foldable iPhone, with Dongguan EonTec set to benefit significantly.
The foldable iPhone is designed to enhance durability, screen flatness, and reduce crease marks, with hinges made from liquid metal using die-casting, marking a major use of the material in a mechanical part for Apple.
EonTec, as the exclusive supplier of liquid metal and a major manufacturer in the field, is expected to experience substantial growth as competitors in the foldable phone market also adopt liquid metal for their hinges.
The estimated ASP of liquid metal per foldable iPhone is RMB 70-100, potentially driving significant revenue growth for EonTec, which may seek to increase its ownership in subsidiary Dongguan Yihao Metal to capture more profits.
Ming-Chi Kuo anticipates that final specifications for Apple's first foldable iPhone will be confirmed in 2Q25, with mass production scheduled for 4Q26 and retail prices expected to range from $2,000 to $2,500.
Liquidmetal Technologies has developed specialized alloys with high tensile strength, corrosion resistance, and the ability to be heat-formed, offering advantages over conventional crystalline metals.
Liquidmetal alloys, known for their hardness and durability, have applications in high-strength precision parts and offer economic benefits for components with cosmetic surfaces and complex shapes.
Liquidmetal has intellectual property rights with over 70 U.S. patents and is recognized for achieving significant strength compared to conventional titanium alloys and high-strength steels.
Liquidmetal Technologies' alloys showcase a high coefficient of restitution, making them ideal for parts with anti-wearing characteristics and close tolerances.
Apple's adoption of liquid metal in critical mechanical parts like hinges for the foldable iPhone signifies a significant shift in materials use and highlights the potential for growth in the liquid metal market.