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Glory Family | Glory Fund Invests in HL Intelligent Tech to Advance Foldable-Phone Hinge Innovation

2024-01-22 Page Views:117

Recently, Glory Fund successfully took a stake in Dongguan HL Intelligent Tech Co., Ltd. (“HL Intelligent Tech”), becoming a strategic investor in the company.


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Glory Fund’s comment

Glory Fund believes that foldable phones currently have low penetration, but as technology advances reduce screen failure rates, improve user experience, and push prices down, adoption will continue to rise and the market upside is substantial. CICC forecasts shipments could reach 80 million units in 2025, and Counterpoint expects global foldable-phone shipments to exceed 100 million units by 2027. HL Intelligent Tech has strong development potential.


Company profile

Founded in February 2012, Dongguan HL Intelligent Tech Co., Ltd. develops four major product categories—precision hinges, MIM (metal injection molding) parts, 3D composite panels, and plastic-metal components—applied across consumer electronics, automotive, smart security/wearables/home, new materials, medical devices and other fields.

The company’s main products include foldable-phone hinges, hinge shafts for wearable devices, laptop hinges and shafts, precision MIM components, and composite panel materials. HL Intelligent Tech provides one-stop services from solution design and simulation verification to precision mold processing, MIM manufacturing, testing & inspection, and final assembly. As a strategic partner to leading companies such as Honor, Samsung, Huaqin, Longcheer, and Transsion, HL Intelligent Tech has deep technical expertise and experience and aspires to be a leader in smart-technology development and manufacturing.

In the foldable-phone hinge sector, HL Intelligent Tech enjoys meaningful first-mover and technological advantages. It is one of the few manufacturers in the industry that integrates hinge design, R&D, tooling, MIM and assembly, and its one-stop hinge design and production services have created strong customer stickiness.

Glory Fund will provide long-term support to HL Intelligent Tech’s development and contribute to China’s technological innovation and intelligent manufacturing.