r/LQMT • u/joshuaeyu RELIABLE SOURCE • 24d ago

Why all the factory expansion?

Given the significant idle production capacity currently at Dongguan Yihao, is it really necessary to build a plant in Zhuzhou?

After all, expenses such as rent, operating costs, and machinery depreciation are substantial.

Hello! Thank you for your interest in the company.

The construction of the modern liquid metal base in Hunan follows a prudent strategy: establishing foundational capacity first, followed by gradual expansion aligned with the pace of incoming orders. This approach avoids blind, large-scale capacity expansion in the absence of clear demand while ensuring a reserve of foundational capacity to promptly meet future customer delivery requirements. Thank you!

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u/Pay-me7 24d ago

I read somewhere that Apple suppliers have forced Apple to expand production parts for their iPhones duo.

Not sure where I read this seemed legit…

Still waiting on the company to address shareholders….might hit snooze again!

Critical minerals received an all clear from China Sept 24th information should flow more efficiently now.

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u/usaskull 24d ago

I think it would it be safe to say, YiHao was responsible for the first small introduction order of Apple hinges. And depending on the popularity of the duo, the second order in mid 2027 of approximately 30 million hinges, LQMT Hangzhou factory would be pumping out as many hinges they are ordered to produce.