Apple(US:AAPL) Zheng Quan Shi Bao·2025-07-03 05:45Group 1 - The consumer electronics sector experienced a significant increase on July 3, with the index rising over 4%, reaching a three-month high, and half-day trading volume exceeding the previous day's total [1] - Companies such as Chaoyang Technology and Xinya Electronics saw their stocks hit the daily limit, while others like Shuo Beid and Industrial Fulian also recorded substantial gains [1] - Apple's foldable iPhone has entered the Prototype 1 (P1) development stage as of June, with expectations to complete the prototype process by the end of 2025, leading to a potential market launch in the second half of 2026 [1] Group 2 - In Q1 of this year, China's foldable smartphone shipments reached 2.84 million units, marking a year-on-year growth of 53.1%, indicating a new growth phase in smartphone sales [2] - Galaxy Securities forecasts that the penetration rate of AI smartphones will reach 34% by 2025, while AI PCs are expected to jump from 0.5% in 2024 to 79.7% by 2028 [2] - The second half of the year will focus on three main lines: AI innovation chain, domestic substitution, and cyclical recovery in the industry chain, with optimism about the replacement cycle in traditional consumer electronics driven by AI applications [2]