目前已知，新款尼克尔Z28-75mm f/2.8镜头延续了Z卡口设计，支持尼康FX规格无反机身，光圈范围在 F2.8-F22之间，并且提供恒定F2.8光圈。镜头内置超级ED和ED镜片，可以改进色差控制，保证镜头成 像从边缘到中心都具备锐利的画质表现；镜头采用了三枚非球面镜片，可以有效抑制球差和实战，保证 整体成像质量。另外，镜头轻量化设计，体积小巧重量轻，有着很好的便携性。 【中关村在线原创新闻】在国外的B&H Photo器材商店的网站上出现了尼康新版本的尼克尔Z28-75mm f/2.8的镜头的预购选项，新款镜头售价比老款贵了200美元（老款镜头996美元，新款镜头1196美元）。 而这款最新的尼克尔Z28-75mm f/2.8或将在即将召开的CP+展会上展出。 (11381783) ...

Core Viewpoint - The articles emphasize the importance of high-quality imaging equipment, particularly Nikon's cameras and lenses, in capturing family moments during the Chinese New Year celebrations, highlighting their features that enhance photo quality and detail [1][3][11]. Group 1: Camera Features - The Nikon Z6 III is designed for diverse shooting scenarios, offering an ISO range of 100-64000, which ensures excellent image quality even in low-light conditions typical of family gatherings [3]. - The camera features a high-resolution electronic viewfinder with approximately 5.76 million dots, supporting DCI-P3 wide color gamut display, allowing for accurate color reproduction of festive decorations and clothing [3]. - It supports multiple focusing modes, ensuring precise focus on multiple subjects in family portraits, and includes pre-shooting and high-speed continuous shooting functions to capture fleeting moments [3]. Group 2: Lens Options - The Nikkor Z 24-70mm f/2.8 S II lens is versatile for family portraits, covering essential focal lengths from wide-angle to medium telephoto, with a constant f/2.8 aperture that performs well in low light and creates a pleasing background blur [5]. - The Nikkor Z DX 16-50mm f/2.8 VR lens offers a wide-angle perspective, capturing the entire family gathering and festive elements, while minimizing optical aberrations for clear images [7]. - The Nikkor Z DX Micro 35mm f/1.7 lens is ideal for portrait photography, providing a natural perspective and soft background blur, enhancing the emotional connection in family photos [9]. Group 3: Emotional Connection - Nikon's imaging technology serves as a bridge connecting time and emotions, allowing families to preserve fleeting moments during the reunion, with each photo representing a lasting emotional bond [11].

Investment Rating - The report does not explicitly state an investment rating for the lithography machine industry Core Insights - The lithography equipment market is crucial for semiconductor manufacturing, holding a 20.13% market share, second only to etching equipment [2] - The technology evolution in lithography is pivotal for advancing chip manufacturing processes, with significant implications for performance, power consumption, and area [3] - The report highlights a shift in China's semiconductor industry towards self-reliance and domestic production capabilities, particularly in mature process nodes [29] Summary by Sections Importance of Lithography Machines - Lithography equipment accounts for approximately 20% of capital expenditures in wafer fabrication, with 70%-80% of spending directed towards equipment [2] - The technology is essential for determining line width precision and integration density in chip manufacturing, with advanced chips requiring up to 30 lithography steps [3] Global Lithography Machine Shipment Trends - In 2024, lithography machine shipments showed steady quarterly growth, reaching a record high of 209 units in Q4, a 22% increase from the previous quarter [7] - High-end models (EUV, ArFi, ArF) saw a slight decline in shipments, while mature process models (KrF, i-line) experienced a 4.2% year-on-year growth [7] Competitive Landscape - The lithography machine market is highly concentrated, with ASML, Canon, and Nikon accounting for 61.2%, 34.1%, and 4.7% of the market share, respectively [10] - ASML dominates the advanced process segment with its EUV technology, while Nikon and Canon focus on mature process equipment [10] Key Players and Developments - ASML plans to increase EUV production to 90 units per year by 2025-2026, with significant advancements in machine performance and throughput [12] - Canon is pursuing a differentiated path with its nanoimprint technology, aiming for 10nm line width capabilities [12] Import Dependency of China's Semiconductor Industry - In 2024, China's lithography machine imports exceeded $10.7 billion, with ASML being the primary supplier [16] - The report indicates a significant reliance on Dutch imports, with ASML's machines accounting for 88.7% of the total import value [16] Strategic Shifts in China's Semiconductor Sector - China's semiconductor industry is transitioning from passive defense to proactive breakthroughs, with significant investments in domestic lithography capabilities [29] - The report notes that while ASML's sales to China are substantial, demand is expected to decline as local companies stockpile equipment [29]

作为入门级微单相机，尼康Z50II采用了一块约2090万像素的APS-C画幅CMOS传感器，搭配了与尼康 Z6III、Z8和Z9同款的尼康EXPEED 7影像处理器，相机整体性能提升非常明显。 (11225207) 在视频拍摄上，尼康Z50II可以拍摄4K 60P以及超采样4K 30P规格视频，可以拍摄全高清120P视频。在 视频对叫上，尼康Z50II支持9中拍摄对焦侦测，包括人、狗、猫、鸟、汽车、摩托车、自行车、火车和 飞机，因此拍摄时遇到相关物体可以让相机自动进行实时的追踪对焦。 ...

Core Viewpoint - The ongoing lawsuit between Nikon and Weizhuo is centered around patent infringement related to the Z-mount lens technology, with implications for both companies' market positions and future collaborations [1][3][5]. Group 1: Legal Context - The lawsuit involves a claim of "temporary protection period royalties," indicating that Weizhuo allegedly used Nikon's patented technology without permission during the patent application waiting period [3]. - Weizhuo's previous assertion of conducting legal reverse engineering is contradicted by the court's acceptance of the case, suggesting that infringement is established [3]. Group 2: Potential Outcomes - If Nikon wins the case, it could lead to a settlement where Weizhuo pays for the infringement, potentially resulting in a cooperative partnership [5]. - The least favorable outcome for Weizhuo would be a retroactive claim for patent fees and an injunction against further infringement [5]. Group 3: Market Dynamics - Nikon's lawsuit is perceived as a response to Weizhuo's increasing market share in the Z-mount lens segment, which has begun to encroach on Nikon's sales [10]. - Weizhuo's competitive pricing strategy, offering lenses at significantly lower prices than Nikon's, has attracted a substantial customer base, particularly among budget-conscious consumers [10]. Group 4: Industry Reactions - There are mixed opinions in the industry regarding Nikon's lawsuit, with some arguing that Nikon should appreciate the role of domestic brands in expanding the market, while others believe the lawsuit could harm Nikon's brand image [12]. - The potential for a settlement may lead to Weizhuo becoming an authorized partner, but it could also result in restrictions on Weizhuo's product offerings to avoid direct competition with Nikon [12].

Core Viewpoint - Japan is facing a crisis due to its heavy reliance on Chinese rare earth exports, which have significantly decreased, threatening its advanced manufacturing sector and military capabilities [1][3][21]. Group 1: Economic Impact - China's rare earth exports to Japan dropped by 213 tons in December, leading to critical shortages for companies like Mitsubishi Heavy Industries, which now has only 15 days of alloy powder inventory left [1][5]. - Japan's dependency on Chinese rare earths exceeds 70%, with nearly 100% reliance in heavy rare earths, highlighting the vulnerability of its high-end manufacturing industry [3][21]. - The procurement cycle for neodymium-iron-boron magnets has extended from 1-2 months to 3-4 months, directly impacting the operational readiness of Japan's main fighter jets [11][29]. Group 2: Supply Chain and Regulatory Changes - The Chinese government has mandated that all companies exporting rare earths to Japan must provide detailed information about the entire supply chain, including potential resale to the U.S. [7][9]. - A "rare earth fingerprint" tracking system has been implemented, allowing China to monitor the flow of rare earths and impose severe penalties for any violations, which complicates procurement for Japanese firms [9][21]. Group 3: Geopolitical Tensions - China's maritime patrols near the Diaoyu Islands have intensified, with a recent 29-hour operation demonstrating a show of force against Japan [15][21]. - Japan's government is increasing its defense budget and engaging in military collaborations with the Philippines, indicating a strategic pivot in response to perceived threats from China [15][25]. - The diplomatic landscape is strained, with Japan's provocative statements regarding Taiwan and historical grievances exacerbating tensions with China [19][23][30]. Group 4: Historical Context and Future Outlook - China's recent statements emphasize the need for historical accountability regarding Japan's militaristic past, framing current tensions within a broader historical narrative [23][34]. - The economic repercussions for Japan are severe, with a potential GDP loss of 0.43% due to supply chain disruptions, further complicating its economic recovery [29][30]. - Japan's attempts to balance relations with the U.S. while confronting China may lead to further economic and diplomatic challenges, as it navigates a precarious geopolitical landscape [30][32].

Core Insights - Nikon has launched the NIKKOR Z 24–105mm f/4–7.1 lens, emphasizing portability and ease of use for the Z system [1][4] - The lens is designed for a variety of photography styles, making it suitable for travel, street, landscapes, and portraits [2][3] Product Features - The lens weighs only 12.4oz, making it one of the lightest zooms in Nikon's lineup [1] - It offers a focal range of 24–105mm, allowing for expansive scenes and close-up shots with minimal lens changes [3] - The lens features a stepping motor (STM) for smooth focus transitions and a compact design for convenient handling [4] Technical Specifications - The lens has a variable aperture of f/4-7.1 to f/22-40, with a close focus capability of 7.9 to 11 inches [5] - It provides up to 0.5x magnification at the 70 to 105mm range and includes a user-assignable control ring [5]

Core Viewpoint - Nikon will not participate in the 2026 CES (Consumer Electronics Show), marking a significant shift as the company has been a regular exhibitor for many years, showcasing a range of products from imaging to broader technology fields [1][3] Group 1 - Nikon has historically maintained a strong presence at CES, focusing on imaging products and expanding into areas such as robotic vision, riblet processing, virtual production, and aerospace technologies [1] - The 2026 CES is scheduled to take place from January 6 to January 9, 2026, in Las Vegas, with media day starting on January 4 [3] - A search for "Nikon" in the official CES exhibitor list yields no results, confirming that the company will not be exhibiting [3]

Core Insights - The article discusses the evolution of the Extreme Ultraviolet (EUV) lithography market, highlighting ASML's dominance and Nikon's potential resurgence through alternative technologies like Nanoimprint Lithography (NIL) [1][4][9]. Group 1: ASML's Dominance - ASML currently holds over 60% of the global lithography market and has a 100% monopoly in the EUV sector, which is essential for producing advanced chips [2][3]. - The cost of ASML's EUV equipment ranges from $150 million to $350 million, making it a significant investment for semiconductor manufacturers like TSMC, Samsung, and Intel [2][3]. - The transition to EUV technology has allowed the industry to continue following Moore's Law, integrating billions of transistors onto a single chip [2][3]. Group 2: Nikon's Strategic Shift - Nikon, which once led the market, has shifted focus to mature processes and special applications after abandoning EUV development in the late 2010s [1][3]. - Nikon is planning a comeback by introducing the DSP 100 digital lithography system in 2025, targeting the growing demand for advanced chip packaging [7][9]. - The company is exploring NIL technology, which could significantly reduce costs and energy consumption compared to EUV, making it an attractive option for emerging chip manufacturers [8][11]. Group 3: NIL Technology Advantages - NIL technology allows for direct imprinting of circuit patterns onto wafers, potentially reducing costs to about 40% of EUV systems and energy consumption to around 10% [8][11]. - The NIL process is not constrained by optical diffraction limits, theoretically enabling production below 10 nm, which is suitable for high-repetition memory processes like NAND and DRAM [11]. - Canon has already introduced NIL equipment capable of reaching 14 nm, indicating a competitive landscape where both Nikon and Canon could set new standards in this technology [11].

Group 1: Penfolds and Wine Industry - Penfolds has showcased its wine collection at the China International Import Expo for six consecutive years, launching the Year of the Horse limited edition wine [1] - The limited edition packaging incorporates Chinese paper-cutting art and features a selection of wines [1] - Penfolds has partnered with China Agricultural University since 2022 to establish the "Penfolds No. 1 Fund," supporting the training of wine professionals in China [1] Group 2: Zespri and Children's Nutrition - Zespri launched the "Sunshine Nutrition: Zespri Healthy Growth Plan" at the expo, focusing on children's nutrition education [3] - The project, supported by Fudan University Children's Hospital, aims to reach 1.5 million students and families by 2025 [3] - Zespri donated 10,000 golden kiwis to support children's nutrition education [3] Group 3: Macallan and Whisky Industry - Macallan debuted its refreshed 2025 whisky version at the expo, featuring a visual upgrade of its core range [5] - The brand set up an experiential space to showcase its sherry cask whisky production process [5] - Macallan aims to deepen consumer connections and share whisky culture through the expo [5] Group 4: VOSS and Water Industry - VOSS returned to the expo, representing Norway and showcasing its high-quality bottled water [7] - The brand emphasizes its natural and pure water sourced from Norway, with products available in various packaging [7] - VOSS aims to share the Norwegian lifestyle aesthetic and high-quality water experience with Chinese consumers [7] Group 5: Michelin and Tire Industry - Michelin showcased its innovations in tires and composites at the expo, highlighting sustainable materials [9] - The company presented a new rigid inflatable boat and a tire series designed for seasonal driving needs [9] - Michelin's booth design incorporated Chinese ink painting elements, reflecting its commitment to sustainability [9] Group 6: Marriott International and Hospitality Industry - Marriott International announced that its Four Points by Sheraton brand will surpass 100 hotels in China [11] - The brand has seen an 18% increase in new projects year-on-year, reflecting the demand for select service hotels [11] - Marriott operates over 660 hotels in China, serving approximately 260 million members [11] Group 7: InterContinental Hotels Group and Hospitality Industry - InterContinental Hotels Group celebrated its 50th anniversary in Greater China at the expo [13] - The group has introduced 13 brands in the region, with over 1,400 hotels in operation or under construction [13] - The exhibition showcased the new design concepts of its Holiday Inn brand [13] Group 8: Wanda Hotels and Hospitality Industry - Wanda Hotels made its debut at the expo, showcasing its brand system and global development achievements [15] - The company operates over 250 hotels across more than 300 cities, with a focus on international expansion [15] - Wanda is exploring the internationalization of its hotel brands through a "light asset" model [15] Group 9: Nikon and Optical Technology - Nikon presented its optical technology innovations at the expo, focusing on various applications [17] - The company showcased products like the Z5II camera and ZR cinema camera, highlighting their advanced features [17] - Nikon's exhibition included interactive activities to demonstrate how its technology enhances daily life [17] Group 10: CASETiFY and Lifestyle Products - CASETiFY made its first appearance at the expo, emphasizing product innovation and sustainability [19] - The brand showcased a range of products, including collaborations with local artists and limited editions inspired by Shanghai [19] - CASETiFY has initiated a phone case recycling program to promote sustainability [19]