Core Insights - The Chinese autonomous driving industry has reached a historic turning point, officially crossing the divide between "testing demonstration" and "commercial application" with the release of the first batch of L3 conditional autonomous driving vehicle permits by the Ministry of Industry and Information Technology [1][4] - The approval of L3 vehicles signifies a shift from technology demonstration to regulatory compliance and operational oversight, allowing for a clearer definition of liability in the event of accidents [1][7] - This regulatory breakthrough is expected to bring about a definitive growth outlook for the autonomous driving supply chain, shifting market focus from L2 adoption rates to the reliability of L3 technology [1][4] Regulatory Framework - The new regulatory framework establishes a "three-in-one" oversight system that includes vehicle safety technology certification, usage scenario limitations, and accident liability definitions [4][7] - The pilot program allows L3 vehicles to be used by real users on designated public roads, highlighting China's ambition to lead global development in autonomous driving through a comprehensive standard system [4] Technological Standards - L3 autonomous driving systems are designed to perform all driving tasks under specified conditions, with the driver only needing to intervene when the system requests it, contrasting with Tesla's L2 systems that require constant driver attention [7] - The new framework clarifies the compensation responsibilities of vehicle manufacturers and component suppliers in the event of system failures leading to accidents, pushing the industry to enhance technical standards from "usable" to "reliable" [7] Commercialization Trends - The commercialization of autonomous driving is accelerating, particularly in the Robotaxi sector, with two main technological routes emerging: the "disruptive route" represented by Waymo and the "incremental route" represented by Tesla [10][11] - The industry trend is leaning towards the "incremental route," where major players are advancing into the Robotaxi business using consumer-grade mass-produced vehicles, significantly reducing deployment costs and leveraging data for model optimization [11][12] Industry Developments - Several companies have announced specific timelines for commercialization, with XPeng Motors planning to launch three Robotaxi models by 2026, and Huawei aiming for large-scale L3 commercialization by 2026 and full automation by 2027 [12][14] - Supply chain companies are also making significant moves, with Horizon Robotics and Hello signing a strategic partnership to produce their first mass-produced Robotaxi by 2026, and Momenta planning to launch its own Robotaxi solution by 2025 [14] - The issuance of the first L3 permits marks a transition from a purely technical competition to a comprehensive contest involving technology, regulations, and business models in the Chinese autonomous driving sector [14]

21世纪经济报道记者柳宁馨 杭州报道 重新审视中国制造业的路径，除了商业和技术，还可以从设计生态、消费时代等多体系出发，甚至可能诞生出一个划时代的智 能产品。 12月12日，第十届中国设计智造大奖(Design Intelligence Award，简称"DIA")颁奖典礼在中国美术学院良渚校区举行。DIA奖项 已迎来第十年，广泛走向全球科技行业，十届大奖累计参赛作品已超65000件，覆盖全球87个国家和地区，涵盖人工智能、生命 健康、数字制造、智慧城市等多个前沿领域，多个项目走向产业化。 21世纪经济报道记者采访了不少获得本届DIA大奖的设计师，他们来自不同的企业，却对智能时代的工业设计有一定共识，产 品设计从来不是单纯的技术堆砌或功能叠加，而是立足用户体验、融合人文情感与系统思维的综合创造，既要坚守对品质的极 致追求，也要有开放的系统视野。 日前，中央经济工作会议将"深化拓展'人工智能+',完善人工智能治理"作为明年要抓好的重点任务之一。"十五五"规划建议提 出，全面实施"人工智能+"行动，加强人工智能同产业发展、文化建设、民生保障、社会治理相结合，抢占人工智能产业应用制 高点，全方位赋能千行百业。 在这 ...

12月10日，固态电池龙头卫蓝新能源正式提交了IPO备案。若此次上市成功，这家背靠中科院物理所的 固态电池独角兽将成为A股"固态电池第一股"。 从2017年的天使轮到如今集结华为、小米、蔚来等48家股东，卫蓝新能源9轮融资攒下了豪华的股东阵 容。 而当下，正是固态电池赛道的关键窗口期，全球半固态电池出货量同比激增。早期股东的退出考量以及 公司长期的融资需求也到了该释放的时候了。 来源：环球老虎财经app 12月10日，卫蓝新能源正式提交了创业板IPO辅导备案，剑指A股"固态电池第一股"。这家背靠中科院 物理所的独角兽凭借着技术优势，在9轮融资中集结了华为、小米、蔚来等48家资本，估值飙升至185亿 元。而在当下固态电池赛道的爆发期中，此次上市则承载着诸多考量；其185亿估值的背后，更是暗流 涌动。 不过，卫蓝新能源这185亿估值背后不仅藏着对固态电池量产的期待，也暗藏全球固态电池行业竞争加 剧的挑战。 固态电池第一股 冲刺IPO 12月10日，卫蓝新能源正式向北京证监局提交了创业板IPO辅导备案。作为中科院物理所固态电池技术 产业唯一的产业化平台，卫蓝新能源若成功上市，将成为A股"固态电池"第一股。 公开信息 ...

文 | 花生说科技，作者 | 李皙寅·花生，编辑 | 黑松 上天！上天！上天！ 地球总人口已突破80亿，当大多数人在"开好车、住大房、好工作、还要子女继承"的赛道里卷生卷死。 或许应该意识到人生是旷野，不用一条路走到底，选择可以足够得多。比如，没必要局限在资源有限的 地球上。 广袤宇宙中，藏着比地球多得多的资源与空间。如同大航海时代的探险家让世界真正联动起来。人类迈 向星海的每一步，都可能解锁全新的文明机遇。 当然，嘴上说的，不如手上做的，这种想象正逐渐贴近现实。 资本市场的真金白银给出了反馈：当SpaceX放出上市风声，产业链应声上涨、估值传闻从4000亿美元 飙至1.5万亿美元，这场狂欢的核心，全球资本对太空经济的热度越来越大。 SpaceX的估值飙升与上市计划，标志着全球商业航天产业正进入爆发期。 就像智能手机普及催生移动互联网生态，太空基础设施的完善，将催生太空旅游、在轨制造、太空数据 中心等全新经济形态。 这不，12月12日，大A再度飘红，商业航天板块领涨。比如给火箭造结构件的超捷股份周涨幅高达 39.03%，据说一周内接受了73家机构的调研，市场情绪可谓烈火烹油。（听花生说了这么久商业航 天，不知 ...

Investment Rating - The report rates the electronic/consumer electronics industry as "Outperform" [1] Core Insights - The iPhone's entry into the foldable screen market is expected to reshape its high-end market positioning, with a projected release in 2026 [10][6] - The report highlights the competitive pressure faced by iPhone in China from domestic brands like Huawei and Xiaomi, particularly in the foldable screen segment [2][6] - The foldable screen market is anticipated to grow significantly, with global shipments expected to rise from 15.3 million units in 2023 to 31.4 million units by 2027, reflecting a compound annual growth rate (CAGR) of 43.7% [19][20] Summary by Sections 1. iPhone Market Dynamics - iPhone's market share in China has declined from 19.9% in Q1 2023 to 15.0% in Q2 2025, facing competition from local brands [2][6] - The high-end market is identified as a critical area for iPhone to regain market share, with Pro models gaining popularity [6][10] 2. Foldable Screen Development - Foldable screens are seen as a key innovation in the smartphone sector, balancing large screen experiences with portability [11][10] - The report outlines the cost increments associated with foldable screens, particularly in display modules, mechanical components, and memory, with increases of approximately 194%, 177%, and 38.6% respectively [2][27] 3. Market Projections for Foldable iPhone - The report estimates that if Apple launches a foldable iPhone in 2026, potential sales could reach 14 million units under optimistic scenarios [42][38] - The analysis indicates that higher-priced brands tend to have a greater proportion of foldable screen sales, suggesting iPhone's potential to exceed a 6.44% sales share in this segment [42][38] 4. Key Components in Foldable Phones - The main components driving foldable phone innovation include flexible display modules, hinges, and memory [31][35] - The report identifies key suppliers for these components, including major players in the flexible OLED panel market and memory sectors [31][35] 5. Market Trends for UTG and Hinges - The global market for ultra-thin glass (UTG) is projected to grow significantly, with shipments expected to reach 24.6 million units in 2024, reflecting a 36.9% year-on-year increase [48][51] - The hinge market for foldable screens is also expected to expand, with a projected market size of $3.2 billion in 2024, growing to $15.4 billion by 2032 [57][60]

12月9日，华为余承东携五大车企掌门人齐聚上海外滩，鸿蒙智行旗下"五界"品牌首度同台。其中，智 界品牌正将"2.0时代"的蓝图一一实现，格外引人关注。 11月底，智界整车与智能研发团队正式入驻位于安徽省芜湖市南部的罗兰小镇，这项历时十个月、总投 资18亿元的"研发总部搬迁计划"进入收官阶段。 《中国经营报》记者注意到，在8月独立运营后，新款智界R7和S7随即上市，智界销量也迎来反弹，11 月销售11761辆，连续两个月销量破万。但这也带来一定的交付压力，不少"大定"车主反馈交付时间相 较最初预计几乎翻倍。 智界的"独立"早有谋划。早在2024年下半年，智界就在奇瑞内部成立了独立的事业部，采用独立核算、 自主经营的方式；2025年1月，智界正式升级为独立子公司"安徽智界新能源汽车有限公司"（以下简 称"安徽智界"），华为虽未控股但主导智界产销服一体化运营，奇瑞是战略控股、全力配合的角色。 10月11日，奇瑞汽车通过旗下安徽智界在上海全资设立上海智界智行汽车科技有限公司。 "这标志着我们拥有超过5000人专属军团，在上海、深圳设立双研发双造型中心，实现从技术研发到市 场决策的全链路独立高效运转。"上述工作人员在接 ...

Core Viewpoint - The article emphasizes the emergence of "Yuan Service" as a solution for developers to enhance their commercial performance in a saturated mobile internet market, focusing on lightweight and scenario-based service distribution to address user needs and operational challenges [5][10][12]. Group 1: Current State of Mobile Applications and Distribution Market - The mobile internet is entering a phase of stock competition, with user growth slowing and customer acquisition costs rising significantly, with a 109% increase in mainstream channel costs over three years [7][31]. - By mid-2025, the internet penetration rate in China is projected to reach 79.7%, but the growth rate has dropped to around 2%, indicating a ceiling on traffic growth [7][31]. - The number of applications on Android and iOS systems reached 4.83 million and 3.26 million respectively by mid-2025, with growth rates of 2.43% and 6.52% [7][34]. Group 2: Challenges and Opportunities for Developers - Developers face the challenge of increasing customer acquisition costs while needing to focus on refined operations to capture existing user value [5][31]. - User engagement in segmented scenarios is rising, indicating a shift towards more precise service delivery based on user needs [8][37]. - The explosive growth of AI applications, with a 32.7% year-on-year increase in average monthly usage time, presents new opportunities for developers to leverage lightweight AI experiences [8][38]. Group 3: Yuan Service and Its Value Proposition - Yuan Service provides a comprehensive empowerment process for developers, covering development, user acquisition, retention, and monetization through a lightweight and scenario-based service distribution model [10][46]. - The service aims to enhance development efficiency by allowing developers to deploy across multiple platforms with reduced costs and increased exposure through various entry points [11][49]. - Yuan Service integrates AI capabilities and distributed technology to create a seamless user experience across devices, enhancing service value and user engagement [12][14]. Group 4: Practical Applications and Trends of Yuan Service - Yuan Service is being implemented in various sectors, such as finance and logistics, to improve user experience by providing real-time information and reducing the complexity of service access [76][81]. - The service is expected to continue expanding, creating a growth flywheel through increased capability density and scenario depth as more developers join the ecosystem [82].

要进入这样一个打下深刻语言文化烙印的市场，大部分中国公司需要找到当地的合作伙伴，来帮助它们尽快进入消费者的视野。 中国与中亚国家贸易的崛起让俄罗斯企业嗅到商机。俄罗斯最大的互联网公司正在帮助更多中国企业渗透中亚市场。 坐落在莫斯科"二环"附近的Yandex是俄罗斯最大的互联网科技公司，搜索引擎起家的Yandex有"俄罗斯版谷歌"之称。近年来，随着中国企业出海俄罗斯与中 亚国家需求的增长，Yandex正在通过中亚俄语区市场的优势地位，来吸引更多中国客户，帮助他们渗透到这些过去鲜有人问津的地区。 飞往阿拉木图的中国商人 哈萨克斯坦是介于中俄之间的亚欧大陆"心脏地带"，也是大量中国企业近年来通过"一带一路"政策所抵达的首个战略枢纽地。 在哈萨克斯坦的经济中心阿拉木图，12月整座城市已是一幅雪山包围的美丽图景。记者刚出机场就能看到中国科技公司华为醒目的广告牌；机场高速沿途， 海尔、比亚迪等中国企业的广告牌林立；大街上随处可见的是红旗、长城等中国品牌汽车。 据阿拉木图一家华人酒店老板介绍，近几年来，中国赴哈萨克斯坦考察的团队越来越多，酒店生意也越来越好，经常爆满。 中国从事媒介咨询行业的人士小艾告诉第一财经记者，她今年 ...

前几天，小雷外出游玩时，发现随身携带的充电宝忘了充电，而手机电量已不足30%。小雷准备在街边扫码租借共享充电宝，却发现如今共享充电宝的价格 已涨到6元/小时（注：共享充电宝价格与所在场所有关），加之其充电功率极低，要把手机电量恢复到安全状态，算下来起码得花12块钱，非常不划算。 一番权衡后，小雷决定去附近的小米之家买个新充电宝——虽说价格稍高，但胜在可以长期使用，比反复租借更划算得多。可就在小雷准备付款时，小米店 员主动告知：「您可以把手机放这儿充电，完全免费。」这时小雷才猛然想起，不少手机品牌官方门店其实都提供这类应急充电服务。 但新的疑问也随之冒了出来：是不是所有手机品牌门店都支持应急充电？又为啥有那么多人宁愿花高价租共享充电宝，也没想过去试试手机店的这类服务 呢？带着这些困惑，雷科技决定专门跑一趟线下商场，实地探访如今手机品牌店的售后便民服务究竟做得如何。 都能免费充，vivo、OPPO将服务做到了极致 小雷在广州选取了市中心的正佳广场、人流密集的天河龙洞迎龙海悦城、嘉禾望岗金铂天地，以及位置较偏的广州白云太和金铂天地四座商场来体验手机门 店的自带充电服务。 第一站小雷选择的是太和金铂天地，虽然这个商场 ...

如果您希望可以时常见面，欢迎标星收藏哦~ PC OEM和芯片供应商正指望消费者对人工智能(AI)的兴趣来推动PC出货量增长，这种增长在几 年来从未见过。近年来，人工智能的兴起促使一种专门为加速人工智能任务而设计的新型专用计 算硬件的出现：神经处理单元 (NPU)。与其更成熟的前身GPU一样，NPU提供了一个专门优化的 专用硬件平台，可以高效执行某些类型的计算。 为了支持人工智能PC，处理器供应商一直在其异构PC处理器中添加集成的NPU。Intel、AMD 和高通都推出了符合微软要求的产品，即集成的NPU提供每秒至少40万亿次运算(TOPS)，以支 持Copilot+ AI助手。人工智能PC和集成的NPU仍处于早期阶段；机器学习工作负载（如图像分 类和对象检测）以及深度学习活动（如计算机视觉和自然语言处理）正在以大致相等的比例利用 NPU、GPU和CPU。但这种相对平衡将迅速改变。随着进一步的创新，以及软件开发人员对它们 的熟悉程度越来越高，MPR预计NPU将在AI PC中承担大部分 AI 工作负载。 一条人人都走的路 当然，CPU早在20世纪50年代和60年代就已出现，当时正值计算机时代的黎明。它们从执行（相 ...