On September 23rd, the Electronics ETF (515260), which covers semiconductors and Apple supply chain companies, saw its intraday price surge over 1% in morning trading, reaching a new high since listing. However, following broader market consolidation and pullback, the fund's price declined 2.32%, with real-time trading volume exceeding 91 million yuan, already surpassing the previous day's full-day trading volume, indicating active market participation.
The ETF's breakout above its listing high on strong volume may signal a buying opportunity for investors. According to Shanghai Stock Exchange data, the Electronics ETF (515260) has attracted cumulative inflows of 269 million yuan over the past five trading days, reflecting market confidence in the sector's prospects and aggressive positioning by institutional funds.
Among constituent stocks, Shanghai Siltech surged over 9%, Luxshare Precision Industry Co.,Ltd. rose more than 6%, with Transsion Holdings, Huahai Qingke, Longsys, and ACM Research following suit. Conversely, Dongshan Precision declined over 5%, while Shenzhen Fastprint, Cambricon, and 3PEAK underperformed with drops exceeding 4%, weighing on overall index performance.
On the news front, according to The Information, OpenAI has signed an agreement with Luxshare Precision Industry Co.,Ltd., Apple's device assembly partner, to jointly develop a consumer-grade device expected to integrate deeply with OpenAI's artificial intelligence models.
According to sources familiar with the matter, OpenAI's planned products include smart speakers without displays, and the company is also considering developing glasses, digital voice recorders, and wearable pins. The company has targeted the launch of its first batch of devices for late 2026 or early 2027.
**Why Did OpenAI Choose Luxshare Precision Industry?**
First, as a core Apple supplier, Luxshare Precision Industry Co.,Ltd. brings extensive experience. From a component perspective, the company has rich expertise in precision manufacturing for consumer electronics, with comprehensive capabilities spanning mechanical, optical, acoustic, and electrical technologies. From an OEM assembly standpoint, Luxshare has substantial experience in wearable device assembly, enabling it to leverage mature supply chain management and large-scale production expertise to rapidly integrate AI products while ensuring high yield rates.
Second, benefiting from its "local innovation + global delivery" capacity allocation model, Luxshare Precision Industry Co.,Ltd. operates 105 production facilities and 28 R&D centers across 29 countries and regions worldwide, providing global delivery capabilities. This model enables the company to flexibly allocate resources and provide customized solutions for different markets and customer characteristics, significantly reducing tariff and political risks.
Finally, OpenAI's selection of Luxshare Precision Industry Co.,Ltd. is also influenced by a key figure: Jony Ive. The former Apple Chief Design Officer, known as the "father of the iPhone," has served as OpenAI's core leader for "creativity and design." Since his appointment, OpenAI has embarked on an aggressive talent acquisition campaign, poaching over twenty hardware engineers from Apple this year alone, covering core areas from AirPods audio architecture to Apple Watch miniaturization processes. When these Apple supply chain talents' design philosophy meets Luxshare Precision Industry's engineering implementation capabilities, the resulting synergy could be immeasurable.
Electronics ETF fund manager Cao Xuchen noted that OpenAI's collaboration with Luxshare Precision Industry Co.,Ltd. on AI edge devices easily brings to mind last year's ByteDance Doubao rally. Combined with strong iPhone 17 sales and consecutive gains in Apple's US stock price, A-share Apple supply chain companies now have fundamental support. Therefore, the Apple supply chain may experience strong performance. Data shows that as of the end of August, Apple supply chain stocks accounted for 43.34% of the Electronics ETF (515260) constituent weight.
**Innovation in Technology, Hardware Rising**
The Electronics ETF (515260), covering semiconductors and Apple supply chain, along with its feeder funds (Class A: 012550 / Class C: 012551), passively tracks the Electronics 50 Index, with heavy positions in semiconductors and consumer electronics industries. The fund encompasses hot sectors including AI chips, automotive electronics, 5G, cloud computing, and printed circuit boards (PCB), with its top ten holdings including market-discussed names like Cambricon, Industrial Fulian, and Hygon Information.
Risk Warning: The Electronics ETF and its feeder funds passively track the CSI Electronics 50 Index. The index base date was December 31, 2008, and was published on July 22, 2009. Index constituent composition is adjusted according to index compilation rules as appropriate, and backtested historical performance does not predict future index performance. Individual stocks and index constituents mentioned in this article are for display purposes only. Individual stock descriptions do not constitute investment advice in any form, nor do they represent holding information and trading activities of any fund managed by the fund manager. The fund manager assesses the Electronics ETF risk level as R3-medium risk, suitable for balanced (C3) and above investors. Appropriateness matching opinions should be based on sales institutions. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors must be responsible for any independent investment decisions. Additionally, any views, analyses, and predictions in this article do not constitute investment advice to readers in any form, nor do they bear any responsibility for direct or indirect losses caused by using the content of this article. Fund investment involves risks. Past performance of funds does not represent future performance. Performance of other funds managed by the fund manager does not constitute a guarantee of fund performance. Fund investment should be approached with caution.