Core Points - Xiaomi announced that the "Xiaomi Call" app will cease operations on December 3, 2025, due to product adjustments [2] - The app was originally integrated into the "MiTalk" messaging service launched in December 2010, aimed at facilitating communication among users [1] - The decision to discontinue the app comes as the market for network calling has evolved, with many alternative apps now available [1] Summary by Sections Company Background - "Xiaomi Call" was initially part of the "MiTalk" app, which was launched in December 2010 to meet the communication needs of users [1] - The app's functionality was retained even after the discontinuation of "MiTalk" in February 2021, serving a dedicated user base [1] Service Termination Details - New user registrations will be halted starting November 15, 2025, and the app will be removed from app stores [2] - All functionalities of "Xiaomi Call" will be completely terminated on December 3, 2025 [2] - After the service termination, all user data will be cleared to ensure data security [2]

Core Viewpoint - Xiaomi announced that its "Xiaomi Call" service will cease operations on December 3, 2025, and all user data will be permanently deleted [1] Group 1: Service Termination - "Xiaomi Call" was initially a feature of the instant messaging app "Mi Chat," aimed at facilitating communication among Xiaomi fans [1] - The service will be discontinued as the company focuses on its core business, with "Mi Chat" having been phased out in February 2021 [1] - The decision to stop "Xiaomi Call" is attributed to the availability of numerous other apps that provide similar communication services [1] Group 2: Functionality and User Experience - "Xiaomi Call" is an audio and video calling software that allows users to enjoy high-quality calls and call transfers [1] - The app provided a seamless experience for switching between multiple devices during calls [1] - The termination of the app does not imply that Xiaomi lacks the capability to provide calling services [1]

Core Viewpoint - Xiaomi's "Xiaomi Call" service will cease operations due to the availability of similar features in other popular apps and devices, marking the completion of its original purpose [1] Summary by Sections Service Background - "Xiaomi Call" was integrated into MiTalk on December 10, 2010, to address communication needs among Xiaomi fans [1] - After the discontinuation of MiTalk on February 19, 2021, "Xiaomi Call" remained as a standalone app due to continued demand from users [1] Reason for Shutdown - The decision to stop the service is based on the fact that many common apps and the Xiao Ai speaker app now offer network calling features, indicating that "Xiaomi Call" has fulfilled its historical mission [1] - It is clarified that the cessation of "Xiaomi Call" does not affect the ability of Xiaomi phones to make regular phone calls, as the two functionalities are distinct [1]

Core Viewpoint - Apple emphasizes that the iPhone 17 Pro represents a significant upgrade over the iPhone 13 Pro and iPhone 14 Pro, highlighting improvements in imaging, performance, battery life, and design [1] Group 1: Product Features - The iPhone 17 Pro features a 6.3-inch display with an upgraded super ceramic panel, offering three times better scratch resistance compared to previous models [1] - The device is powered by Apple's A19 Pro chip, which provides a 40% increase in CPU speed and up to 2 times the GPU performance compared to the A16 chip in the iPhone 14 Pro [1] - The iPhone 17 Pro includes three rear cameras, each upgraded to 48 million pixels, and features a new long-focus lens with a maximum equivalent focal length of 200mm, achieving 8 times optical quality zoom, the longest in iPhone history [1]

Core Insights - Apple Inc. is planning to utilize a 1.2 trillion parameter AI model from Google to enhance its Siri voice assistant, marking a significant shift in its AI strategy [1][3][11] Partnership Details - Apple is finalizing an agreement with Google that will cost approximately $1 billion annually for access to Google's AI technology [2] - The partnership aims to rebuild Siri's underlying technology, with the new features expected to launch next spring [5][12] Technical Advancements - The Google model's 1.2 trillion parameters significantly exceed Apple's current 150 billion parameter model, enhancing Siri's ability to process complex data [3][6] - Google's Gemini model will specifically manage Siri's summarizer and planner functions, while some features will still rely on Apple's in-house models [8] Development and Future Plans - Apple is concurrently developing its own 1 trillion parameter cloud-based model, aiming for consumer applications as early as next year [12] - Despite the partnership, Apple intends to eventually replace Google's technology with its own solutions, indicating a long-term strategy to regain AI leadership [12][13] Market Impact - Following the news of the partnership, shares of both Apple and Alphabet saw a brief increase, reflecting positive market sentiment [5] - The collaboration is seen as a recognition of Apple's lag in AI capabilities, as it seeks to catch up with competitors [11] Regional Considerations - Apple is also working on a localized version of Siri for China, which will not rely on Google's technology due to regulatory restrictions [13][14]

Core Viewpoint - Huawei's new ultra-thin smartphone, Mate70 Air, has been launched for pre-sale starting at 4199 yuan, featuring the Kirin 9020A/B processor and HarmonyOS 5.1, positioning itself against Apple's iPhone Air [1][3][9] Product Specifications - The Mate70 Air is equipped with either the Kirin 9020A processor with 16GB RAM or the Kirin 9020B with 12GB RAM, differing from the previously launched MateXTs which used the Kirin 9020 processor [3] - The device has a thickness of 6.6mm and weighs approximately 208 grams, compared to the iPhone Air's 5.6mm thickness and 165 grams weight [3] - The screen ratio of Mate70 Air is 18.8:9, closely resembling Huawei's Pura X [5] Competitive Features - Mate70 Air boasts features such as a 6500mAh battery for extended battery life, a "Red Maple Imaging" system with ultra-wide and telephoto lenses, and stereo sound, which are not available in the iPhone Air [5] - However, it sacrifices some specifications compared to the Mate70 Pro series, including the absence of wireless charging and a lower camera configuration [5] Pricing Strategy - The starting price of Mate70 Air is 4199 yuan for the 12GB+256GB version, which is 900 yuan lower than the standard Mate70 and 1600 yuan lower than the Mate70 Pro [5] Market Context - According to Omdia, the Chinese smartphone market saw a 3% year-on-year decline in Q3, with Huawei ranking second in shipments at 10.5 million units, holding a 16% market share, while Apple was the only brand among the top five to show growth [10]

Core Points - Xiaomi Call will cease operations on December 3, 2025, due to product adjustments [1] - New user registration will stop on November 15, 2025, and the app will be removed from app stores [1] - All functionalities will be terminated on December 3, 2025, and user data will be cleared to ensure data security [1][4] Summary by Categories Service Termination - Xiaomi Call will stop service on December 3, 2025, following a product adjustment announcement [1] - New user registrations will be halted starting November 15, 2025, with the app being taken down from app stores [1] User Data Management - After the service termination, all user account data will be deleted to ensure data security [1][4] User Engagement - Xiaomi Call has been well-received by users since its launch, and the company expresses gratitude for the support from its user base [4]

Core Insights - The Hurun Rich List recently revealed that Lei Jun and Li Shufu have entered the top ten, with Lei Jun at fifth and Li Shufu at tenth, despite their companies' stock prices declining after the announcement [2][6][11] - Xiaomi's stock price fell by 25.2% from HKD 59.90 on September 25 to HKD 44.82 on November 3, while its year-to-date performance remains strong with a 28.8% increase [2][6] - Geely's stock has also faced a decline, dropping 14% from its peak on August 25 to November 3, despite a year-to-date increase of 25.3% [6][11] Xiaomi's Performance - Xiaomi's stock price surged by 121% in 2024, and in 2025, it reached a peak of HKD 52.4 per share before recent negative sentiment affected its performance [7][10] - The company reported Q2 2025 revenue of CNY 116 billion, a 30.5% year-on-year increase, and a net profit of CNY 10.8 billion, up 75.4% [7] - Lei Jun's wealth increased by CNY 196 billion in 2025, marking a 151% growth, making him the "wealth growth king" of the year [10] Geely's Performance - Li Shufu's wealth grew by 55% in 2025, driven by Geely's strong performance, with a revenue of CNY 150.3 billion in the first half of 2025, a 27% increase [11][12] - Geely's core net profit reached CNY 6.66 billion, a 102% increase, and its new energy vehicle sales rose by 126% [12] - Li Shufu controls 11 listed companies, with a total market value of CNY 353.3 billion as of June 2025 [12][13] Comparative Analysis - Both Lei Jun and Li Shufu are seen as "industry integrators" in the automotive sector, with distinct strategies: Li focuses on manufacturing and technology, while Lei emphasizes ecosystem integration [15][16] - Their approaches reflect a shift in the automotive industry towards comprehensive solutions rather than isolated product manufacturing [17] - The potential for collaboration exists, as Geely's engineering capabilities complement Xiaomi's consumer electronics expertise, which could lead to new industry standards and competitive dynamics [17]

Core Insights - The global tablet market experienced a 5% year-on-year growth in Q3 2025, with shipments reaching 40 million units, marking the seventh consecutive quarter of growth [1][5]. Market Performance - The tablet market remains largely consumer-driven and has shown resilience despite macroeconomic challenges, driven by strong demand in regions like the Middle East, Central Europe, and China [2][3]. - Seasonal sell-in ahead of holiday periods contributed to the growth, although expectations for Q4 2025 indicate muted sell-in and a potential softening in tablet replacement demand into 2026 [3]. Vendor Analysis - Apple maintained a market share of 35.6% with 14.3 million units shipped, showing flat growth [4][5]. - Samsung also recorded flat growth with 6.9 million units shipped, holding a 17.3% market share [4][5]. - Lenovo led the growth among major vendors with a 23% year-on-year increase, shipping 3.7 million units [5]. - Huawei and Xiaomi followed with 3.2 million and 2.6 million units shipped, respectively, showing growth rates of 11.5% and 2.3% [5]. Chromebook Market Insights - The Chromebook market grew by 3.1% in Q3 2025, with Lenovo leading the segment, shipping 1.4 million units and achieving a 54.6% year-on-year growth [7][9]. - Acer and HP followed with market shares of 18% and 16.1%, respectively, while Asus also showed significant growth at 58.5% year-on-year [7][9].

Core Points - Huawei's Executive Director, Yu Chengdong, announced the launch of the new Huawei Mate70 Air smartphone, which features a thickness of 6.6mm and a weight of 208 grams [1] - The device is designed with a front and back dual-curved shape and is equipped with a 7-inch large screen [1] - The Mate70 Air will be powered by HarmonyOS AI and supports features such as Star Find and two-way Beidou satellite messaging, with pre-sales starting today [1] Product Specifications - Thickness: 6.6mm [1] - Weight: 208 grams [1] - Screen Size: 7 inches [1] - Operating System: HarmonyOS AI [1] - Special Features: Star Find, two-way Beidou satellite messaging [1] Market Activity - Pre-sales for the Huawei Mate70 Air have commenced today [1]