电子行业周报：小米发布旗舰机型15Ultra及首款AIPC，苹果折叠屏手机出现新进展

Investment Rating - The report maintains an "Overweight" rating for the electronics industry [1] Core Views - The electronics semiconductor sector is expected to experience a comprehensive recovery in 2025, with an accelerated clearing and recovery of the competitive landscape, leading to a sustained recovery in industry profitability and related company profits [6] - Xiaomi has launched its flagship model, the Xiaomi 15 Ultra, which features high-end specifications and is expected to enhance its performance in the high-end market [4] - Apple is making progress in the foldable smartphone sector, with plans to finalize its supply chain by April 2025 and begin mass production in the second half of 2025 [5] Summary by Sections Market Overview - The SW electronics index fell by 4.87% in the past week, underperforming the CSI 300 index by 2.64 percentage points [3] Product Launches - Xiaomi's 15 Ultra features a 1-inch main camera, a 200-megapixel telephoto lens, and a 6000mAh battery, with innovative functionalities such as satellite communication and AI dynamic wallpapers [4] - The new REDMI Book Pro 2025 series includes AI computing scheduling, enhancing performance and battery life in various usage scenarios [4] Investment Recommendations - The report suggests focusing on undervalued stocks in the semiconductor design sector with real performance and low PE/PEG ratios, as well as specific companies in various semiconductor fields [6]