Group 1 - Apple-related stocks experienced significant declines, with Hong Teng Precision down 9.77% to HKD 4.25, Q Technology down 7.17% to HKD 13.99, and Gao Wei Electronics down 4.42% to HKD 32.44 [1] - IDC's recent report indicates that global smartphone shipments are expected to grow by 1.0% year-on-year in 2025, reaching 1.24 billion units, an increase from the previous forecast of 0.6%, primarily driven by a 3.9% growth in iOS device shipments this year [1] - Omdia reported that global smartphone shipments are projected to decline to 28.87 million units in Q2 2025, a quarter-on-quarter decrease of over 8 million units, representing a 2.8% drop, with only a slight year-on-year decrease of 20,000 units, less than 0.1% [1] Group 2 - According to China Merchants Securities, global smartphone shipments increased by 1% year-on-year in Q2, while China's shipments decreased by 4%, attributed to tariff fluctuations and macroeconomic uncertainties affecting demand, particularly in the low-end market [2] - Recent adjustments by third-party institutions have lowered the 2025 global smartphone shipment growth forecast from 2-4% to 0-1% due to uncertainties in global demand [2] - The iPhone 17 is set to begin mass production in Q3, with over 90 million units of materials prepared, and the new model is expected to boost sales with enhanced AI features, while the Android market is focusing on brand dynamics and innovations in subsidies, AI, and optics [2]