【导读】三星推出 Galaxy Z TriFold 折叠手机，罗永浩辣评：意义在哪里？ 中国基金报记者 晨曦 可折叠手机市场，新品来了！ 12 月 2 日，三星宣布推出 Galaxy Z TriFold 折叠手机。三星称， Galaxy Z TriFold 展示 了其最先进的折叠技术，其纤薄的机身确保了高端手机的便携性，展开两次时还能展现沉浸 式的 10 英寸显示屏，提升生产力和电影般的观感。 折叠技术方面， Galaxy Z TriFold 采用三星迄今为止最先进的铰链，引入了专为 10 英寸屏 幕设计的新显示技术，该屏幕可折叠两次，成为口袋手机。外部采用先进材料，钛合金铰链 壳体引入一块薄金属，保护折叠机构并抵抗长期磨损。 屏幕方面，三星将 Galaxy Z TriFold 称为 " 三星最多功能的 AI 手机，搭载最大屏幕 " 。当 Galaxy Z TriFold 打开时，屏幕显示效果类似于三部 6.5 英寸智能手机在 10 英寸屏幕上， 为用户提供更多任务处理空间。 Galaxy Z TriFold 预计将于 2025 年 12 月 12 日在韩国上市，随后进入包括中国、中国台 湾、新加坡和阿联酋在 ...

据称，Galaxy Z TriFold采用先进的折叠技术并进一步优化体验，当手机完全展开后，一块沉浸式的10 英寸(直角)显示屏随即呈现，其不仅大大提升了移动生产力效率，同时还带来了影院般的视觉观感，实 现了移动体验的又一次创新与升级。 三星电子移动通信部门总裁卢泰文表示，"凭借多年来在折叠屏手机领域的不断创新，三星Galaxy Z TriFold实现了在一款手机中兼顾与平衡便携性、超强性能以及高效生产力的优化与创新，令移动办 公、创意表达与交流沟通体验迎来了再次提升。 北京商报讯(记者陶凤王天逸)12月2日，三星电子宣布，正式发布Galaxy Z TriFold。 ...

Core Viewpoint - The competition in the foldable smartphone market is intensifying, with Huawei and Samsung as the primary players, particularly following Samsung's recent launch of the Galaxy Z TriFold, which marks the second commercial three-fold smartphone after Huawei's Mate XTs [1][3][4]. Group 1: Product Launches - Huawei launched the world's first three-fold smartphone, Mate XT, in September 2024, with an initial price of 19,999 yuan, followed by the upgraded Mate XTs at 17,999 yuan [1]. - Samsung has introduced its first three-fold smartphone, Galaxy Z TriFold, which will be available for online reservation on December 9 and officially launched on December 12 [1][2]. Group 2: Technical Specifications - The Galaxy Z TriFold features a unique "G-shaped" inward folding design, a 6.5-inch outer screen, and a 10-inch main screen when fully unfolded, with a thickness of only 3.9 mm and a weight of 309 grams [1]. - It is powered by a customized Qualcomm Snapdragon 8 Elite for Galaxy chip, has a 5600mAh battery with 45W fast charging, and includes a camera system led by a 200-megapixel main camera [2]. Group 3: Market Dynamics - According to Canalys, Huawei led the global foldable smartphone market with a 48% share in the first half of 2025, while Samsung held 20% [4]. - The market share dynamics between Huawei and Samsung have shifted significantly, with Huawei increasing its share from 14% in 2022 to 48% in 2025, while Samsung's share decreased from 78% to 20% over the same period [4]. Group 4: Future Outlook - Apple is expected to launch its first foldable device in the fall of 2026, which could reshape the competitive landscape in the high-end foldable smartphone market [6]. - Despite the anticipated growth in the foldable smartphone segment, it remains a niche market, projected to account for only 1.0% to 1.5% of global smartphone shipments by 2026 [7]. Group 5: Strategic Importance - Foldable smartphones are seen as a strategic lever for manufacturers to drive premium branding and long-term profitability, with significant revenue contributions despite their limited market size [8].

Core Viewpoint - Samsung has officially announced its first tri-fold smartphone, the Galaxy Z TriFold, becoming the second company globally to release such a device after Huawei, marking a significant advancement in the foldable smartphone market [1][18]. Group 1: Product Specifications - The Galaxy Z TriFold features an internal fold design that protects the main display, expanding to a size of 10 inches when fully opened, making it the largest screen in the Galaxy series to date [1]. - The device has a thickness of 3.9mm at its thinnest point and weighs 309g, which is 11g heavier than Huawei's tri-fold models [3][5]. - It is powered by the Snapdragon 8 Elite mobile platform and includes a 200MP camera, along with a battery capacity of 5600mAh, the largest for any Samsung foldable phone [7][5]. Group 2: Display and Technology - The Galaxy Z TriFold supports a 120Hz adaptive refresh rate on its dynamic 2X AMOLED cover screen, with peak brightness reaching 2600 nits for the cover display and 1600 nits for the main screen [9][7]. - Samsung has introduced advanced hinge technology, the Armor Flex Hinge, which allows for smoother and more stable folding, minimizing gaps and enhancing portability [11][13]. Group 3: AI and Software Features - The device is equipped with a comprehensive suite of Galaxy AI software features, optimized for the 10-inch display, including generative editing and writing assistance [14][17]. - It supports Samsung's DeX application, allowing users to create a full work environment with multiple workspaces and applications running simultaneously [15][14]. Group 4: Market Position and Competition - The launch of the Galaxy Z TriFold is expected to elevate the competition in the high-end foldable smartphone market, especially with Apple's anticipated entry into the foldable space next year [18]. - Despite the current early-stage market for foldable phones, Samsung's release is likely to push the boundaries of consumer acceptance and market growth [18].

Core Viewpoint - Samsung Electronics has officially launched the world's first inward-folding tri-fold smartphone, the Galaxy Z TriFold, to strengthen its position in the increasingly competitive foldable smartphone market [1][2] Group 1: Product Features - The Galaxy Z TriFold features a 10-inch screen when unfolded and a 6.5-inch outer screen, claiming to minimize creases [1] - The device has a unique folding mechanism with an alert function to notify users of improper folding [1] - The thinnest part of the phone measures only 3.9 mm when unfolded, with the main screen slightly thicker at 4.2 mm [1] - It includes a robust battery system with a total capacity of 5600 mAh, the largest used in a smartphone to date, with each display panel having its own battery [1] - The camera system consists of a 200 MP wide-angle camera, a 12 MP ultra-wide camera, and a 10 MP telephoto camera with 3x optical zoom, along with a 10 MP selfie camera on both the outer and main screens [1] Group 2: Market Launch and Pricing - The Galaxy Z TriFold is manufactured in South Korea and will first launch in Korea on December 12, priced at approximately 3.59 million KRW (around 17,000 RMB) [2] - The device is expected to be available in other markets, including mainland China, Taiwan, Singapore, and the UAE by the end of the year, with a planned release in the US in Q1 2026 [2] Group 3: Competitive Landscape - Huawei previously launched the world's first commercial tri-fold smartphone, the Mate XT, in September last year, which features a 10.2-inch screen and a starting price of 19,999 RMB [2]

新闻荐读 来源：潇湘晨报、中国蓝新闻 编辑：鲍文慧 审定：金官 核发：周立 近日，供应链人士透露，苹果已经攻克折叠屏手机"屏幕折痕"难题，相关供应链正在为2026年iPhone Fold的量产做准备。 按照供应链人士说法，为了消除折叠屏屏幕折痕等问题，苹果已经秘密研发了5年时间，耗费了大量的 精力和财力。 据说这块屏幕虽然由三星供应的内折显示屏，但屏体的结构、材料处理和层压工艺均由苹果亲自设计， 连三星自己都用不了，库克将在发布会上展示无痕屏幕性能。 据悉，iPhone Fold将配备一块7.8英寸内折显示屏，合上后外部拥有一块5.5英寸辅助屏幕，便于日常折 叠状态下使用。 点亮 和❤️ ...

Core Insights - Samsung Electronics has launched its first tri-fold smartphone, the Galaxy Z TriFold, ahead of Apple's anticipated entry into the foldable market, aiming to solidify its technological leadership in this emerging field [1] - The device features two hinges and transforms into a tablet-sized device when unfolded, set to debut in South Korea on December 12 at a price of 3.59 million KRW (approximately $2,450) [1] - Samsung's early release of a more complex tri-fold device highlights its competitive edge in foldable technology and sets a new benchmark for the high-end market [1] Product Features - The Galaxy Z TriFold boasts a new form factor and enhanced multitasking capabilities, with an external screen size comparable to standard smartphones and a 10-inch display when fully opened, surpassing the Galaxy Z Fold 7 [2] - In tablet mode, the three screens can run different applications independently, akin to using three 6.5-inch smartphones side by side, and supports up to four independent workspaces in DeX mode, allowing five applications to run simultaneously [2] Market Competition - The launch of the tri-fold smartphone directly competes with Huawei's Mate XT, which has already entered the foldable market in China, the largest market for such devices [4] - Huawei's upgraded Mate XTs are priced similarly to the Galaxy Z TriFold, although Samsung's device is noted to have better Android app compatibility [4] Design and Durability - Samsung has improved the hinge, aluminum frame, and display technology of the Galaxy Z TriFold to enhance long-term durability, offering a one-time 50% discount on display repairs to alleviate consumer concerns [5][6] - The device measures only 3.9 mm at its thinnest point and features a 5600 mAh battery, the largest capacity used in Samsung's foldable phones, supporting up to 17 hours of continuous video playback when fully opened [6] Software and Market Outlook - The Galaxy Z TriFold includes Samsung's Galaxy AI feature suite, offering generative editing, photo assistance, and writing assistance, along with a six-month trial of Google AI Pro subscription service [9] - Despite recent foldable phone sales exceeding previous models, they remain insignificant compared to more affordable traditional models like the Galaxy S25 Ultra, and the market's response to the Galaxy Z TriFold's unique features and capabilities remains to be seen [9]

Core Viewpoint - Samsung has officially launched its first tri-fold smartphone, the Galaxy Z TriFold, which is set to debut in South Korea on December 12, with a starting price of approximately 3,590,400 KRW (around 17,274.86 CNY) [1] Group 1: Product Specifications - The Galaxy Z TriFold features a 10-inch display when fully unfolded, equivalent to three 6.5-inch phones side by side, with a thickness of 3.9 mm and a weight of approximately 309 grams [1] - The device includes a Dynamic 2X AMOLED outer screen with a 120Hz refresh rate and a peak brightness of 2600 nits, while the inner screen has a peak brightness of 1600 nits [1] - It is powered by a customized Qualcomm Snapdragon 8 Elite mobile platform and includes a 200-megapixel main camera, with a total battery capacity of 5600mAh, the largest in Samsung's foldable series, supporting 45W fast charging [1] Group 2: Features and Market Position - The Galaxy Z TriFold supports running three vertical applications simultaneously and allows for flexible resizing of applications in multi-window mode, enhancing multitasking capabilities for users [2] - The device incorporates AI features, including Galaxy AI for generative editing and the Gemini Live assistant from Google, enabling multimodal interactions [2] - Samsung's tri-fold phone is expected to face direct competition from Huawei's tri-fold model, as it aims to showcase engineering and manufacturing capabilities rather than focusing on large-scale sales, with an initial production target of only 10,000 units [3] Group 3: Market Trends - According to IDC, the Chinese foldable smartphone market is projected to see a significant recovery by Q3 2025, with shipments reaching 2.63 million units, a year-on-year increase of 17.8%, with Huawei leading the market with nearly 70% share [2] - The global foldable smartphone market is expected to reach approximately 19.83 million units by 2025, growing at a rate of 6.0%, and is projected to approach 27.29 million units by 2029, with a compound annual growth rate of 7.8% [3]

Group 1: Market Performance - The consumer electronics sector in the Hong Kong stock market showed strong performance, with notable gains from several companies including AAC Technologies (6.74%), Q Technology (4.40%), and GoerTek (3.80%) [1] - Specific stock price movements include AAC Technologies at 40.520 (+6.74%), Q Technology at 9.970 (+4.40%), and GoerTek at 31.140 (+3.80%) [2] Group 2: New Product Launch - Doubao, a subsidiary of ByteDance, has launched the Doubao Phone Assistant, marking a significant breakthrough in collaboration with smartphone manufacturers at the operating system level [3] - The Doubao Phone Assistant is designed for a smoother interaction experience and smarter functionality, differing from typical application-layer AI assistants [3] Group 3: Business Developments - Lens Technology has secured exclusive supply rights for key precision structural components and LIPO screen packaging for the Doubao phone, with the order value exceeding 100 million yuan and accounting for over 10% of the total device cost [4] - This project is expected to contribute significantly to Lens Technology's revenue growth as the Doubao phone is officially launched and iterated [4] Group 4: Industry Trends - Apple is reportedly preparing to launch its first foldable iPhone, the iPhone Fold, which is currently in the engineering verification and pre-production phase, with a potential release by the end of next year [5] - Market research predicts that global shipments of foldable smartphones will exceed 70 million units by 2025, with an annual growth rate surpassing 50%, driven by Apple's entry into the market [5]

Core Viewpoint - The Apple concept stocks in the Hong Kong market continue to rise, driven by news regarding the upcoming release of Apple's first foldable phone, the iPhone Fold, which is expected to be launched by the end of next year [1] Group 1: Stock Performance - AAC Technologies (瑞声科技) rose over 4.21% to a price of 39.560 [2] - BYD Electronic (比亚迪电子) increased by 2.96% to 34.800 [2] - Hon Teng Precision (鸿腾精密) saw a rise of 2.81% [2] - Q Technology (丘钛科技) grew by 2.41% to 9.780 [2] - Lens Technology (蓝思科技) increased by 2.06% to 25.760 [2] - Sunny Optical Technology (舜宇光学科技) rose by 1.41% to 68.400 [2] - GoerTek (高伟电子) increased by 1.13% to 30.340 [2] Group 2: Product Development - The iPhone Fold has entered the Engineering Validation Test (EVT) and pre-production phases, with only minor design adjustments remaining [1] - Supply chain sources indicate that component manufacturers are already in a state of readiness to supply parts to assembly factories, suggesting that the final design of the iPhone Fold is largely confirmed [1]