Core Viewpoint - The potential introduction of a foldable iPhone may enhance the growth prospects of Lens Technology, which supplies 70%-80% of the glass for iPhones [1] Group 1: Company Insights - Lens Technology is expected to see a revenue compound annual growth rate (CAGR) of 16% from 2025 to 2027, driven by the increased material costs associated with foldable smartphones, estimated to add $70-90 per device [1] - The company's earnings per share (EPS) CAGR is projected to reach 38% during the same period, supported by margin recovery and operational leverage [1] - The reasonable value of Lens Technology's stock listed in Hong Kong is estimated at HKD 33.20, despite the stock currently trading at HKD 25.46, reflecting a decline of 0.8% [1]

Group 1: Technology Developments - Doubao mobile assistant faced issues with WeChat, leading to its temporary suspension of operations on the app due to privacy concerns [2] - Samsung launched its first tri-fold smartphone, Galaxy Z TriFold, which has raised questions about its practicality and thickness compared to competitors [2] - Elon Musk aims to transform the X platform into an upgraded version of WeChat, integrating information dissemination and financial payment functionalities [2] Group 2: Corporate Actions - Instagram will require employees to return to the office five days a week starting February 2, 2024, following a previous policy mandating three days in the office [3] - OpenAI reported service disruptions for ChatGPT, affecting some users, and stated that they are monitoring the situation [4] - Nvidia's CFO indicated that no final agreement has been reached with OpenAI regarding future collaborations, despite significant projected orders for AI chips [5] Group 3: Market Trends - Nearly 30 robotics companies have submitted applications to list on the Hong Kong Stock Exchange, potentially enhancing the market's robotics sector [6] - Canon announced the closure of its printing facility in Zhongshan, China, due to a long-term decline in the laser printer market [6] - Samsung's semiconductor division declined to sign long-term contracts for memory chips, opting for quarterly agreements instead, which may increase costs for the Galaxy S26 [7] Group 4: Financial Activities - Anker Innovations submitted its listing application to the Hong Kong Stock Exchange, with major investment banks as joint sponsors [8] - Daimeng Robotics completed a strategic financing round worth over 100 million yuan, aimed at advancing technology and market expansion [9] Group 5: Product Launches - Keling AI launched its new product "Keling O1," a multi-modal creative tool that integrates various input types into a single engine [11] - Alibaba updated its image generation and editing model Qwen-Image, which is now available on the Qianwen App for free use [12]

Group 1 - UBS's latest research indicates that Apple's first foldable iPhone, the iPhone Fold, is expected to launch in the second half of 2026 [1] - The anticipated price range for the iPhone Fold is between $2000 and $2400, but UBS suggests that if Apple can control the bill of materials (BOM) costs, the average selling price could drop to around $2000, directly competing with Samsung's Galaxy Z Fold7 [1] - A survey conducted by UBS in Q2 2025 revealed that while 18% of iPhone users are willing to pay over $2000 for a foldable model, 60% believe the average price needs to be reduced to the $1500 to $1700 range to stimulate demand [1] Group 2 - Apple's long-established supply chain management system is expected to play a crucial role in its success with the iPhone Fold [2] - As foldable technology matures and the average price of flip models naturally declines, Apple is likely to leverage economies of scale to further reduce costs, creating room for future product iterations [2] - UBS has identified key supply chain partners that may benefit from the mass production of the iPhone Fold, including Lens Technology, Samsung Electronics, LG Display, and Hon Hai Precision, highlighting their technological barriers and capacity alignment as essential for Apple's cost control objectives [2]