目前这款产品在京东售价13999元，在拍易得最新一期的活动中成交价仅9799元，浏览器访问拍易得官 网可获得最新详情！ 三星 Galaxy Z Fold7 5G折叠手机，搭载强劲骁龙8至尊版处理器，性能卓越，流畅运行多任务与大型应 用。12GB运行内存与512GB存储空间，轻松满足办公、娱乐与海量数据存储需求。星夜银配色尽显高 端质感，兼具时尚与科技感。超薄柔性屏配合精密铰链设计，实现无缝折叠，带来沉浸式视觉体验。支 持高速5G网络，拍照、直播、视频通话更迅捷。是商务人士与科技达人的理想之选，开启未来移动生 活新篇章。 目前这款产品在京东售价13999元，在拍易得最新一期的 活动中成交价仅9799元，浏览器访问拍易得官网可获得 最新详情！ 三星 Galaxy Z Fold7 5G折叠手机，搭载强劲骁龙8至尊 版处理器，性能卓越，流畅运行多任务与大型应用。 12GB运行内存与512GB存储空间，轻松满足办公、娱乐 与海量数据存储需求。星夜银配色尽显高端质感，兼具 时尚与科技感。超薄柔性屏配合精密铰链设计，实现无 缝折叠，带来沉浸式视觉体验。支持高速5G网络，拍 照、直播、视频通话更迅捷。是商务人士与科技达人的 ...

据The Information，美国苹果公司计划扩大iPhone生产线，到2027年秋季或将推出7款全新iPhone机型， 较目前的5款大幅增多，当中将包括首款真正无折痕的折叠手机。 苹果计划从明年开始调整iPhone的发布时间表，届时将不再在秋季发布所有旗舰机型，而是先在秋季发 布Pro，标准版iPhone则在春季发布。苹果此举是为了迎接即将推出的新机型，包括传闻中的可折叠 iPhone和iPhone Air，这意味苹果将在明年秋季发布iPhone 18 Pro、Pro Max和可折叠iPhone，随后在 2027年春季发布iPhone 18、iPhone 18 Air 2及/或iPhone 18e。 美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 据悉，苹果2027年秋季将推出iPhone 20周年纪念版，采用前后曲面玻璃外壳，呈现真正的全面屏无边 框设计，屏幕将延伸至设备边缘，消除传统黑色边框。iPhone 18、iPhone 18e和iPhone Air 2则延至2027 年春季发售。 iPhone业务占苹果总经营收入的近一半，但近年增长停滞，消费者换机周期延长。在截至今年9月27日 ...

Core Insights - A prototype Apple device running an early version of iOS 26 has leaked, revealing detailed hardware plans for the next two years across five product categories, including iPhone, Mac, and wearables [1] Group 1: Product Innovations - Apple is actively developing breakthrough products such as a foldable phone (iPhone Fold V68), a lightweight headset (Vision Air N100), and AI smart glasses (N401) [2] - Regular product lines will see updates, with the iPhone 17e (V159) and iPhone 18 Pro series (V63/V64) continuing their iterations [2] Group 2: Performance Upgrades - The iPad Air M4 version (J707-J738) and M5/M6 chip MacBook (J700/J804) are aimed at performance enhancements [2] Group 3: Smart Home Developments - In the smart home sector, new products such as AirTag 2 (B589), HomePod mini 2 (B525), and two home hubs (J490/J491) have been disclosed [2] Group 4: Chip Developments - New chips including M5 Pro/Max (T6050), M6 (T8152), and A20 series (T8160) have also been revealed [2] Group 5: Release Timeline - Some products, like AirTag 2, iPad, and smart home hubs, are expected to launch in early 2026, while others may debut by the end of 2026 [2]

Market Overview - The Hang Seng Index (HSI) has a short-term support level around 25,000 points, with the market anticipating two more interest rate cuts in 2026 following the Federal Reserve's recent 0.25% rate cut, which aligns with expectations [2][3] - The HSI has seen significant gains this year, with a year-to-date increase of 27.32%, leading to profit-taking incentives as trading volume decreases [3][4] Macroeconomic Focus - The Federal Reserve's recent decision to cut rates to a target range of 3.5% to 3.75% marks the third consecutive cut this year, with expectations for one more cut in 2026 [3][6] - The Fed plans to purchase $40 billion in Treasury bonds monthly to ensure adequate reserves in the financial system [6] - China's November CPI rose by 0.7%, while PPI fell by 2.2%, indicating mixed economic signals [6][9] Sector Insights - AI-related stocks are gaining traction, with products like Quark AI glasses and Doubao AI phones seeing strong sales, benefiting the supply chain [5] - The biopharmaceutical sector is expected to thrive due to rising flu cases and favorable financing conditions following interest rate cuts [5] - The insurance sector is also benefiting from strong A-share performance, enhancing investment returns [5] Corporate News - Lingbao Gold (3330) is acquiring over 50% of an Australian mining company for approximately 1.74 billion RMB [7] - Horizon Robotics is partnering with Carl Power for commercializing autonomous freight solutions [7] - The Fourth Paradigm has received a patent for AI smart glasses, enhancing its product portfolio [7] - Nvidia is developing location verification technology to combat chip smuggling [7] - CATL plans to issue bonds up to 10 billion RMB for project financing and debt repayment [7] - Lens Technology is in talks to acquire a 95% stake in a server cabinet production company [7] - Sunny Optical Technology (2382) reported a 7.5% year-on-year increase in mobile camera module shipments in November [7] - Qutai Technology (1478) experienced a 5.6% year-on-year decline in mobile camera module sales in November [7] - Alibaba Cloud launched AgentRun, a serverless AI infrastructure platform [7] - Tencent's TenPay Global partnered with Mastercard Move for cross-border remittance services [7] - JD.com (9618) is acquiring a stake in Ceconomy, subject to strict data protection regulations [7]

Core Insights - The Federal Reserve's FOMC has lowered interest rates by 25 basis points, indicating a shift in monetary policy [4] - The U.S. House of Representatives has passed the National Defense Authorization Act, reflecting ongoing governmental activities [4] - The International Monetary Fund (IMF) has revised China's economic growth forecast for this year to 5%, suggesting a positive outlook for the Chinese economy [4] Economic Data - In November, the U.S. budget deficit reached $173 billion, highlighting fiscal challenges [4] - The Consumer Price Index (CPI) in China rose by 0.7% year-on-year in November, while the Producer Price Index (PPI) fell by 2.2%, indicating mixed inflationary pressures [4] - In October, domestic smartphone shipments in China totaled 32.27 million units, marking an 8.7% year-on-year increase, reflecting growth in the technology sector [4] Market Performance - The Nasdaq index closed at 23,654.16, up by 0.33%, while the Dow Jones Industrial Average rose by 1.05% to 48,057.75, indicating a positive trend in U.S. equity markets [6] - The Baltic Dry Index decreased by 5.09% to 2,557.00, suggesting a decline in shipping rates [6] - The Hang Seng Index closed at 25,540.78, up by 0.42%, indicating stability in the Hong Kong market [6]

12月2日，三星正式发布全球首款内折三折叠手机 —— Galaxy Z TriFold。 显示方面 ，Galaxy Z TriFold完全展开后，内部是10英寸的Dynamic AMOLED主屏，分辨率为 2160 x 1584，支持1-120Hz自适应刷新率，峰值亮度为1600尼特。 图片来源：三星 在机身尺寸方面，Galaxy Z TriFold展开状态下最薄处（含SIM卡托区域）仅为3.9毫米，屏幕中 央厚度为4.2毫米，侧边按键区域厚度为4.0毫米。整机重量仅309克，并采用康宁大猩猩陶瓷玻璃 2（Corning Gorilla Glass Ceramic 2）覆盖外屏、钛合金铰链以及高强度装甲铝机身。 值得注意的是， 三星Galaxy Z TriFold 与华为Mate XT虽同为三折叠，但折叠方案却不一样。其 中，华为 采用 Z字型折叠方案，而三星采用G字型折叠方案。 具体来看，G形态折叠设计通过两次向内折叠，将整个柔性大屏在折叠后完全收纳在机身内部，由 坚固的金属或玻璃外壳进行保护；Z形态折叠方式如同一个"之"字，通常包含一次内折和一次外 折。折叠后，会有一块屏幕裸露在外，充当手机的外屏。 其中 ...

Core Viewpoint - Apple's first foldable iPhone is expected to launch next year, but it is entering the foldable phone market significantly later than competitors. The focus is on how Apple can leverage its strengths to gain market share in this segment [1] Group 1: Key Technical Challenges - Current foldable phones in the market suffer from crease issues, and if Apple can develop a product with no creases, it is likely to attract consumers [1] - Many non-Apple foldable devices have low durability, while Apple is known for the high durability of its traditional iPhones. If the foldable iPhone maintains this durability and retains value, it will motivate consumers to purchase [1] Group 2: Ecosystem and Software Integration - Apple has a long-standing ecosystem of hardware and software, providing a wealth of application resources. This allows for potential software customization for the foldable phone's screen, such as multi-window features and state transitions, enhancing user convenience and driving sales [1] Group 3: Brand Influence and Market Positioning - Despite launching its foldable phone later than competitors, Apple can learn from the mistakes of others and introduce a more refined product, thereby reducing consumer concerns [1]

Core Viewpoint - Citigroup's research report indicates that Lens Technology's third-quarter revenue increased by 19% year-on-year and 30% quarter-on-quarter, with a gross margin of 18.6%, reflecting a quarter-on-quarter increase of 3.6 percentage points but a year-on-year decrease of 0.2 percentage points [1] Group 1 - The operating profit for the period reached 2.2 billion yuan, representing year-on-year and quarter-on-quarter growth of 8% and 211%, respectively, exceeding Citigroup's expectations and market forecasts by 4% and 5% [1] - The company's management anticipates that some third-quarter orders will be delayed until the fourth quarter, and that new model orders in the second half may not be fully delivered in the fourth quarter [1] - Despite the delays, the company maintains a positive outlook on the shipment of key components for foldable phones, including UTG, PET, glass support plates, hinge shafts, and cover glass [1] Group 2 - Citigroup maintains a "Buy" rating on Lens Technology, raising the target price from 31 HKD to 32 HKD [1]

Group 1 - Samsung's first tri-fold smartphone, Galaxy Z TriFold, is nearing completion and is expected to be unveiled by the end of October [2][7] - The design of the Galaxy Z TriFold features a "G" shaped fold, differing from Huawei's "Z" shaped fold in the Mate XT series [5] - The smartphone will have three independent batteries, with the largest battery located in the middle section of the device [4] Group 2 - The APEC summit, scheduled for October 31 to November 1, will showcase Samsung's tri-fold smartphone, with a formal launch anticipated in early November [7]

Core Viewpoint - Apple is negotiating with suppliers in Taiwan to establish a test production center for the rumored foldable iPhone, expected to launch in 2026, with plans to replicate this setup in India for mass production [2][4]. Group 1: Production Plans - Apple aims to set up a small pilot production line in Taiwan to validate device performance and manufacturing processes for the foldable iPhone [2]. - The company plans to produce approximately 95 million units of the next iPhone series in 2026, a 10% increase from the total shipments in 2025, driven by the introduction of the foldable model [4]. - The pilot production line in Taiwan is still in the planning stages, facing challenges such as the need for around 1,000 operators and limitations in land and labor resources [2]. Group 2: Market Expectations - TrendForce estimates that foldable phone shipments will reach 19.8 million units in 2025, maintaining a penetration rate of about 1.6% compared to 2024 [4]. - Despite advancements in technology and product variety, the growth of foldable phone sales remains moderate due to consumer concerns over visible creases, durability, and pricing [4]. - The foldable phone market is currently viewed as a "high-end experimental product," with most users preferring high-cost-performance traditional smartphones [4]. Group 3: Future Outlook - A potential turning point for the foldable phone market may occur in 2026, with Apple's entry likely to increase consumer interest and acceptance of foldable devices [5]. - Apple's foldable phone is expected to feature a 5.5-inch external display and a 7.8-inch internal display, continuing the company's focus on stability and ecosystem integration [5].