12 月 8 日消息，谁能想到，之前把马斯克批得品行不行的段永平，如今居然成了特斯拉的自来水？ 小雷在上个月专门写过一篇关于段永平捐赠 2.2 亿元支持北京师范大学建设的文章，对他也算有一些了解。 他可不是普通投资人，早年是步步高的前 CEO，一手把小霸王和步步高带火，后来还拆分出了 OPPO、vivo 这些咱们耳熟能详的品牌。在投资圈里他更是 被称为"中国巴菲特"，他的一句话都能让不少人跟着琢磨。 图源：微博 就在最近，这位大佬在雪球上发了条动态，说自己新买了辆特斯拉 Model Y，试驾的时候彻底被自动驾驶圈粉了，直夸"确实很好"。更有意思的是，他开车 看手机、发短信时，被车辆系统两次强制接管，直接开到路边停着了。还兴奋发了句"Okay, Tsla, I'm back！"（特斯拉，我回来了）。 而试驾前几天，他刚因为看了马斯克的演讲突然明白电动车的能源优势，没过多久就官宣买了特斯拉的股票，这次试驾更像是对产品的一次验证。 这波180度大反转，小雷是真没料到。要知道他之前对马斯克的品行是很有意见的，甚至直言不愿跟对方做投资朋友。 图源：微博 就在上个月的采访里，段永平还说马斯克有本事但品行不合自己预期，投资 ...

Core Viewpoint - Apple is actively engaging in promotional activities and store openings in China, while facing increasing competition from domestic brands and internal management changes [2][6][7]. Group 1: Store Openings and Promotions - Apple opened its 6th store in Beijing on December 6, marking the 59th store in Greater China, with significant customer turnout [2]. - On December 8, Apple launched year-end discounts on its official e-commerce platform, reducing prices of iPhone 17 Pro and iPhone 17 Pro Max by 300 yuan, with starting prices of 8699 yuan and 9699 yuan respectively [2]. Group 2: Sales Performance and Market Position - The iPhone 17 series has seen a 12% year-on-year increase in actual shipments in October, achieving a market share of 24.2%, the highest for a single month [6]. - Analysts predict that Apple may surpass Samsung in global smartphone shipments by 2025, marking its first time at the top since 2011 [6]. Group 3: Product Strategy - The iPhone 17 series maintains its starting price while offering significant upgrades, such as a 48-megapixel camera and a new processor, effectively being termed as "implicit price reduction" [6]. Group 4: Competitive Landscape - Apple faces intensified competition from Huawei and other domestic brands, particularly in the high-end market, as these brands enhance their offerings with AI capabilities [7]. - The rise of "AI smartphones" is becoming a focal point in the industry, with domestic brands leading in AI integration, while Apple has yet to launch its AI features in the domestic market [7]. Group 5: Management Changes - Apple is experiencing significant management turnover, with recent announcements of multiple executive departures, raising concerns about its future direction [7][8]. - Speculation about CEO Tim Cook's potential departure has surfaced, although he is expected to remain in his position until at least 2028 [8]. Group 6: Financial Performance - In the third fiscal quarter of 2025, Apple reported total revenue of $94.04 billion, a 10% increase year-on-year, with iPhone revenue reaching $44.58 billion, up 13% [9]. - The services segment continues to be a strong performer, with revenue of $27.42 billion, reflecting a 13% growth and a gross margin of 75.6% [9]. Group 7: Stock Performance - Prior to August, Apple's stock had dropped approximately 15% due to concerns over its slow AI advancements, but has since rebounded, with a year-to-date increase of over 11% as of December 5 [10][11].

Core Insights - The consumer electronics sector is experiencing significant growth, driven by advancements in AI technology and the release of new AI-enabled smartphones by major manufacturers [1][2] - The China Securities Consumer Electronics Theme Index (931494) has shown a strong upward trend, with notable increases in key component stocks [1][2] Group 1: Market Performance - As of December 8, 2025, the China Securities Consumer Electronics Theme Index (931494) rose by 2.95%, with significant gains in component stocks such as Lixun Precision (002475) and East Mountain Precision (002384) [1] - The Consumer Electronics ETF (561600) also increased by 2.83%, marking its third consecutive rise [1] Group 2: AI Integration in Consumer Electronics - Major smartphone manufacturers, including Apple, Vivo, OPPO, and Honor, have been focusing on AI capability upgrades, launching new flagship models with AI features since October [1] - ByteDance and ZTE are collaborating to develop an AI smartphone, indicating a trend towards integrating content ecosystems with hardware [1] Group 3: Government Initiatives and Market Trends - A joint initiative by six government departments aims to enhance the adaptability of supply and demand in consumer goods, promoting AI applications across the entire industry [2] - The market for AI glasses and smartwatches has seen a year-on-year growth of 23.1%, with the AI toy market projected to reach 29 billion yuan by 2025 [2] Group 4: Index Composition - The China Securities Consumer Electronics Theme Index comprises 50 listed companies involved in component production and brand design, reflecting the overall performance of the consumer electronics sector [2] - As of November 28, 2025, the top ten weighted stocks in the index accounted for 56.39% of the total index weight [2]

Core Insights - The establishment of the first national AI application pilot base for mobile terminals was announced during the 2025 Global Intelligent Machinery and Electronic Products Expo, with China Unicom playing a key role in its construction [1][4] - The base aims to facilitate the digital and intelligent upgrade of enterprises in the AI terminal industry, enhancing the quality of development in this sector [1][4] Group 1: AI Terminal Industry Development - The AI terminal industry faces two common challenges: traditional terminal products struggle to meet the demands of AI upgrades, and there are inefficiencies and high costs in the R&D and manufacturing processes [2] - The base has created a unique "552" capability service system, focusing on terminal innovation and manufacturing efficiency, covering five dimensions: computing power, data, models, AI application development tools, and security [2][3] Group 2: Collaborative Ecosystem - China Unicom has injected four key capabilities into the base, including access to vast network data, IoT connectivity, simplified development through its intelligent platform, and a large market space with over 600 million terminal users [3] - The establishment of the AI Terminal Industry Alliance aims to leverage the strengths of Shenzhen and Dongguan, collaborating with various partners to drive technological advancements in open-source chip development, large model applications, and intelligent hardware innovation [3][4] Group 3: Future Prospects - China Unicom plans to act as a leader in the AI industry chain, fostering collaboration with ecosystem partners to accelerate the commercialization of innovative technologies and enhance the industrial application of AI [4]

3C行业正上演"下沉"与"上探"的精准博弈。OPPO将风冷散热下放至千元机，技术普惠定胜负；荣耀、 三星则在折叠屏上死磕"轻薄"，绑定AI重塑高端价值。平板与穿戴加速深耕垂直场景，生态拼图日趋完 整。竞争维度已从参数全面转向技术体验、形态创新与生态协同——新格局下，品牌如何卡位？ 作为OPPO旗下2000元内价位的销售主力，K系列曾经注重过性能，也追求过影像，上一代又开始探索 耐摔。为了与A系列做更清晰的产品区隔，K13 Turbo系列回归性能赛道。 而在高端化和AI手机赛道中，作为最早讲AI故事的玩家之一，7月2日，荣耀发布新一代轻薄折叠屏 Magic V5，厚度仅 8.8 mm、重量 217 g，刷新行业"最薄+最轻"双纪录；同时搭载MagicOS 9.0.1系统以 及完整的MagicLM能力，可以实现"一语PPT、一语编程、一语搜索、一语传送、一语打车、一语识 物、一语看屏、一语记忆"等一语AI应用，其售价为8999元起，是荣耀布局高端化的关键一环，为IPO 冲刺做准备。 以及三星品牌也在本月推出三款折叠手机，其中Galaxy Z Fold7定位为目前全球最轻薄的大折叠。反映 出折叠屏技术仍是品牌高端市 ...

（来源：另镜） ■豆包AI助手引发手机生态系统权限博弈 ■国产手机正抢占高端市场心智卡位 ■明年高端手机市场竞争必将进一步白热化，苹果正加速融入中国的社交与内容电商生态 但很快，所谓豆包AI手机就因登不上微信、支付被支付宝截停等生态适配问题迅速遇冷，跨应用操作触碰风控边界。豆包AI手机被大厂集体拉黑，也引 发AI助手与APP生态系统权限博弈。 产品的创新一直是手机企业捍卫行业地位关键，当年的诺基亚就是因为系统和产品的后知后觉，渐渐消失在市场。而如今，豆包打响第一枪，对手机厂商 而言，让AI深度操控应用是高端化的关键。 作者：萌萌 编辑|陈秋 另镜ID：DMS-012 进入12月后，国产手机进入本年度最后的搏杀阶段。 12月第一天，搭载"豆包AI手机助手"的努比亚M153亮相，试图以"AI对话"重塑手机交互，"赛博保姆"上线。只要给豆包AI助手看下想要的商品，豆包AI 助手就可以自己通过各平台自动比价，找出最便宜的链接下单，就像有人在替操作手机。 可见豆包AI手机想变革的是手机底层底层系统权限，想成为手机智驾系统供应商。豆包AI手机被周鸿祎喊话"手机操作要变天了，美团淘宝的高管们可能 要连夜开会了"。 与此同时 ...

以创新因子拓展全球市场 以开放合作提供广阔机遇 中国品牌出海展现新气象 德勤中国近日发布的《德勤中国2025财年社会影响力报告》显示，在全球市场日益复杂多变的背景下， 中国企业"走出去"已从产品与资本的输出，迈入品牌输出、组织能力、管理机制及治理体系全面升级的 新阶段。一段时间以来，一系列中国品牌凭借科技含量、文化底蕴、设计灵感以及融通中外的情感价 值，受到越来越多海外消费者的青睐，产品知名度和影响力不断提升。 "全球消费者和投资者都将从中受益" 中国品牌结合海外各地消费者的使用习惯，进行创新性技术研发和改造。小牛电动在欧洲市场针对当地 石子路面优化了轮胎和减震系统，并对电摩踏板宽度进行调整，在东南亚市场则提升了电动两轮车的防 水和涉水能力，同时推出"换电"模式，降低顾客购买成本。 在德国勃兰登堡工业大学，建筑系的学生们迎来一名"新伙伴"——宇树科技人形机器人"艾迪"。在课堂 实操中，学生将切割好的木材交给"艾迪"，它便接着完成将材料转运至仓库的工作。该校数字化设计研 究专业项目负责人罗尔夫·施塔克表示，学校正探索将宇树科技人形机器人G1广泛应用于建筑教学实 践，并联合柏林工业大学等机构，研究人机协同在建筑施 ...

凤凰网科技讯 北京时间12月7日，据《金融时报》报道， 随着苹果公司迟迟无法在中国这个全球最大智 能机市场推出AI功能，中国手机制造商正借机推广可帮助iPhone用户转投Android阵营的换机应用，以 抢占市场份额。 "中国智能手机厂商在AI开发方面显然动作更快、开放度更高，"咨询公司Omdia的分析师钟晓磊(Lucas Zhong)表示，"虽然这些策略可能需要时间才能带来实质性的用户转化，但它们无疑会给苹果在中国的 业务施加压力。" 中国智能手机市场竞争极为激烈，没有任何一家厂商的份额超过20%。根据研究机构Counterpoint的数 据，曾经的市场领头羊苹果在去年被vivo取代。今年第三季度，vivo的市场份额达到18.5%。苹果、荣 耀、OPPO、小米和华为在第三季度的市场份额都介于13.6%到16.4%之间。 苹果第三季度在华排第六 由于苹果能够无缝顺畅地把文件和应用程序迁移到新设备上，中国手机制造商一直难以吸引苹果用户转 投自家阵营。 苹果AI迟缓创造机会 但是，中国手机制造商现在相信，他们的AI功能以及可折叠手机等创新技术，已使其产品具有足够的 吸引力，能够赢得苹果忠实用户的青睐。 例如，OP ...

德勤中国近日发布的《德勤中国2025财年社会影响力报告》显示，在全球市场日益复杂多变的背景下， 中国企业"走出去"已从产品与资本的输出，迈入品牌输出、组织能力、管理机制及治理体系全面升级的 新阶段。一段时间以来，一系列中国品牌凭借科技含量、文化底蕴、设计灵感以及融通中外的情感价 值，受到越来越多海外消费者的青睐，产品知名度和影响力不断提升。 "全球消费者和投资者都将从中受益" 在德国勃兰登堡工业大学，建筑系的学生们迎来一名"新伙伴"——宇树科技人形机器人"艾迪"。在课堂 实操中，学生将切割好的木材交给"艾迪"，它便接着完成将材料转运至仓库的工作。该校数字化设计研 究专业项目负责人罗尔夫·施塔克表示，学校正探索将宇树科技人形机器人G1广泛应用于建筑教学实 践，并联合柏林工业大学等机构，研究人机协同在建筑施工中的可能性。 今年7月，2025年世界知识产权组织全球奖揭晓，宇树科技从95个国家的780多家公司中脱颖而出，成为 获奖企业之一，其在机器人领域的硬核实力获得全球认可。世界知识产权组织全球奖自2022年设立以来 已连续举办4届，是一项专门为各行各业的中小企业和初创企业所设立的国际性奖项，中国企业已连续4 年获 ...

德勤中国近日发布的《德勤中国2025财年社会影响力报告》显示，在全球市场日益复杂多变的背景下， 中国企业"走出去"已从产品与资本的输出，迈入品牌输出、组织能力、管理机制及治理体系全面升级的 新阶段。一段时间以来，一系列中国品牌凭借科技含量、文化底蕴、设计灵感以及融通中外的情感价 值，受到越来越多海外消费者的青睐，产品知名度和影响力不断提升。 "全球消费者和投资者都将从中受益" 在德国勃兰登堡工业大学，建筑系的学生们迎来一名"新伙伴"——宇树科技人形机器人"艾迪"。在课堂 实操中，学生将切割好的木材交给"艾迪"，它便接着完成将材料转运至仓库的工作。该校数字化设计研 究专业项目负责人罗尔夫·施塔克表示，学校正探索将宇树科技人形机器人G1广泛应用于建筑教学实 践，并联合柏林工业大学等机构，研究人机协同在建筑施工中的可能性。 今年7月，2025年世界知识产权组织全球奖揭晓，宇树科技从95个国家的780多家公司中脱颖而出，成为 获奖企业之一，其在机器人领域的硬核实力获得全球认可。世界知识产权组织全球奖自2022年设立以来 已连续举办4届，是一项专门为各行各业的中小企业和初创企业所设立的国际性奖项，中国企业已连续4 年获 ...