Core Insights - Xiaomi Group's strategy has officially upgraded to a "Human-Vehicle-Home Ecosystem," aiming to create a complete closed loop with the upcoming launch of Xiaomi cars in 2024, positioning itself as a leader in the global technology ecosystem [1][2] User and Hardware Ecosystem - Xiaomi's global monthly active users have reached 742 million, while the AIoT platform has connected over 1.04 billion devices, with more than 15,000 hardware partners [1] - The domestic application ecosystem sees a monthly app distribution volume exceeding 1.1 billion [1] Automotive Development - Xiaomi's automotive deliveries have entered a new phase, with cumulative deliveries surpassing 500,000 units, and over 350,000 units delivered in 2025 alone [1][2] - The CarIoT platform has opened over 30 product categories and established deep collaborations with four automotive manufacturers, including BYD and GAC Toyota [2] AI and R&D Investments - Since April, Xiaomi has launched several AI models and opened them to global developers, including the Xiaomi MiMo language and multimodal models [2] - Xiaomi MiMo-V2-Flash, a self-developed hybrid expert language model, has been announced as open-source, ranking among the top two global open-source models in multiple benchmarks [2] - The company plans to invest 200 billion yuan in R&D over the next five years, with an expected investment of 32-33 billion yuan in 2023 and around 40 billion yuan in 2026, focusing on core technologies such as chips, operating systems, and AI [2]

来源：财联社、新京报 视频来源：中新经纬 12月17日，在小米2025小米人车家全生态合作伙伴大会上，Xiaomi MiMO大模型负责人罗福莉完成入职后的小米首秀，并正式发布和开 源最新MoE大模型MiMo-V2-Flash。 罗福莉 表示，该模型具备超强基座模型潜能，在世界级评估榜单中排到了全球开源模型的TOP2，具备低成本高速度的特点，其成本在低 于DeepseekV3.2的情况下，推理速度是其3倍。 罗福莉表示，下一代智能体系统不是一个"语言模拟器"，而是一个真正理解我们世界，并与之共存的"智能体"。罗福莉进一步解释，"智能体"要有两个能 力，一是Agent执行，从"回答问题"到"完成任务"，包括记忆、推理、自主规划、决策、执行；二是Omni 感知，统一多模态感知（为理解物理世界打基 础）嵌入眼镜等智能终端，融入日常工作流。 罗福莉被誉为"95后AI才女"，曾入职阿里达摩院，后任职幻方量化、DeepSeek并成为DeepSeek-V2关键开发者。2025年11月起罗福莉 担任小米MiMo大模型团队负责人。 茅台、五粮液同日官宣！ 苹果闪送官宣iPhone免运费 N # 啊 _ | ■ i 关注" 新华网 ...

Core Insights - Apple plans to significantly expand its smartphone product line, with at least seven new flagship models expected to be released by fall 2027, including the first foldable iPhone in fall 2026 [3][5] - The expansion strategy is a proactive adjustment to address growth pressures amid intense competition in the global smartphone market, particularly from Chinese brands [5][7] Product Line Expansion - The first foldable iPhone is anticipated to have a width greater than its height when opened, resembling a smaller iPad [3] - Other upcoming models include the iPhone 17e in spring 2026, iPhone 18 Pro and Pro Max in fall 2026, iPhone 18 and iPhone 18e in spring 2027, and the 20th anniversary iPhone 20, which will feature a screen without a notch [3][5] - The foldable iPhone is expected to have a 7.8-inch inner screen and a 5.5-inch outer screen, with a thickness of approximately 9-9.5 mm when folded and 4.5-4.8 mm when opened [5] Market Context - The smartphone market is highly competitive, with brands like Huawei, Xiaomi, OPPO, and vivo intensifying their presence, particularly in the high-end segment [5] - Apple's AI initiatives have been slow, with delays in the rollout of the "Apple Intelligence" feature originally planned for mid-2025 [7] Financial Performance - For the fourth fiscal quarter of 2025, Apple reported revenue of $102.47 billion, a record high for the period, with a year-over-year growth of 7.94% [7][9] - Net profit for the quarter was $27.46 billion, marking an 86.39% increase compared to the previous year [7] - iPhone sales revenue reached $49.03 billion, a 6% increase, although below analyst expectations [7][9] - For the entire fiscal year 2025, total revenue was $416.16 billion, up 6.4% from $391.04 billion the previous year, with net profit reaching $112.01 billion, a 20.6% increase [9]

Group 1 - Huawei Terminal has undergone significant leadership changes, with Yu Chengdong officially taking over as chairman from Guo Ping, alongside the departure of other key executives like Meng Wanzhou and Xu Zhijun [1][2][5] - This leadership transition is viewed as a strategic move in response to intensified competition in the technology sector, rather than a mere personnel shuffle [5][6] - Yu Chengdong, known for his decisive leadership style, has been instrumental in establishing Huawei's terminal business and has a track record of making bold decisions to prioritize the company's core products [7][8][9] Group 2 - The recent changes in leadership are seen as a preparation for Yu Chengdong to take full control of Huawei's key business areas, including smartphones, the HarmonyOS ecosystem, and smart vehicles, enhancing decision-making efficiency [10][11][13] - Meng Wanzhou's transition to the rotating chairman role allows her to focus on broader strategic initiatives for Huawei, while Yu will manage the terminal business directly [14] - Huawei's terminal division is currently at a critical juncture, with its smartphone market share declining from 18% in Q1 2025 to 15.2% in Q3 2025, indicating challenges in maintaining its competitive position [15][16] Group 3 - The decline in market share is attributed to Huawei's push for the "pure HarmonyOS," which is a long-term strategic choice that may incur short-term costs [16][17] - The next one to two years are crucial for the success of the HarmonyOS ecosystem, as its acceptance in the market will significantly impact Huawei's terminal business future [17] - The adjustments in leadership and strategy mark the beginning of a new phase for Huawei, with a focus on overcoming challenges in the AI and smart vehicle sectors while aiming for a resurgence in the competitive landscape [17]

官方体验页面信息显示，MiMo-V2-Flash还支持深度思考和联网搜索功能，既能对话聊天，也能在需要实时数据、最新动态或资料核对的场景里派上用 场。 上证报记者刘暄摄 发布会上，罗福莉谈及下一代智能体系统时认为，下一代智能体系统不是一个"语言模拟器"，而是一个真正能够理解世界、并与之共存的"智能体"。 "AI进化的下一个起点一定要有可以跟真实环境产生交互的物理模型。我们本质上要打造的并不是一个程序，而是一个具备物理一致性、时空连贯性的虚 拟宇宙。这本质上代表着AI的能力有本质的跨越，它不仅仅满足于看画面，而是要理解背后的物理规律；不仅仅局限于处理文本，而是要推演整个世界 的运作逻辑。"她说。 Xiaomi MiMo大模型负责人罗福莉12月17日在2025小米人车家全生态合作伙伴大会上迎来入职后首秀。她在发布会上表示，MiMo-V2-Flash围绕极致推理 效率设计了模型结构，通过3层MTP推理加速并行Token验证，实现了2.0至2.6倍的推理速度提升。 上证报记者刘暄摄 据了解，小米12月16日晚间发布了Xiaomi MiMo-V2-Flash开源MoE模型，该模型总参数量达3090亿，活跃参数为150亿 ...

来源：环球网 到了2027年，苹果预计将推出多款新机型，涵盖iPhone 18、iPhone 18e、iPhone 19 Pro、iPhone 19 Pro Max、iPhone Air 2、iPhone 19 Fold以及iPhone 20周年纪念版。（青山） 多位直接参与相关工作的知情人士透露，苹果计划在未来两年内大幅扩展其智能手机产品线。到2027年 秋季，苹果将至少推出七款新机型，相较于当前仅有的五款iPhone，产品线规模显著增加。 回顾苹果iPhone的发展历程，2007年，初代iPhone横空出世，开启了智能手机的新纪元；2017年， iPhone X带来重大设计变更，引领了全面屏时代的潮流。按照这样的发展脉络，2027年作为iPhone诞生 20周年的重要节点，苹果势必会带来另一款具有革新意义的iPhone机型，引发市场的高度期待。 今年，苹果iPhone系列已经推出了多款新机，包括iPhone 16e、iPhone 17、iPhone 17 Pro、iPhone 17 Pro Max以及全新的超薄机型iPhone Air，为消费者提供了更多选择。 而根据现有的爆料信息，苹果在未来的产品规划上 ...

Macro Economic Group - The U.S. non-farm payrolls increased by 64,000 in November, exceeding the expected increase of 50,000, while October saw a decrease of 105,000 [4] - The unemployment rate in November was 4.6%, higher than the expected 4.4%, marking a four-year high [4] - Average hourly wages in November rose by 3.5% year-on-year, slightly below the expected 3.6% [4] Industry Comprehensive Group - Apple plans to significantly expand its smartphone product line, potentially releasing at least seven new flagship models by fall 2027, including the first foldable iPhone expected in fall 2026 [9] - The investment in new energy sources is expected to maintain strong levels next year, with a focus on building smart grids and microgrids [9] - The investment opportunities in the power grid equipment industry are anticipated to grow due to increased investment in energy infrastructure [9] Advanced Manufacturing Group - The largest grid-type lithium-sodium hybrid energy storage station in China has been officially put into operation, with a total installed capacity of 400,000 kW and a green electricity ratio of 98% [12] - This energy storage system can respond to grid load fluctuations and changes in renewable energy output, marking a shift from optional to essential infrastructure for grid resilience [12] - The industry is expected to see improved profitability as the focus shifts from price competition to system service fees [12] Consumer Group - The light manufacturing sector is experiencing structural opportunities, with companies that have established overseas production capacity expected to perform well in 2025 [14] - The U.S. housing market is at a historical low, and the anticipated interest rate cuts are expected to boost housing demand, positively impacting home-related consumption [14] - The outdoor sports category is expected to benefit from the recovery of the real estate chain and consumer upgrade trends, providing growth support for related companies [14]

Core Viewpoint - The article discusses a significant shift in Apple's strategy as it opens up iOS to better interoperability with Android, particularly through the introduction of features in iOS 26.3 that facilitate data transfer and notification forwarding between the two operating systems, driven by regulatory pressures from the EU's Digital Markets Act (DMA) [3][13][15]. Group 1: iOS 26.3 Features - iOS 26.3 introduces a "Transfer to Android" feature that allows seamless migration of data from iPhone to Android, including photos, videos, contacts, and even app compatibility lists [8][16]. - The new system-level functionality simplifies the data transfer process, making it as easy as a simple confirmation, akin to the AirDrop experience [8][9]. - The "Notification Forwarding" feature allows users to send system notifications to non-Apple devices, breaking the exclusivity of Apple Watch and enhancing user choice [10][12]. Group 2: Regulatory Influence - The changes in iOS 26.3 are a direct response to the EU's DMA, which mandates data portability and interoperability, indicating that user data belongs to the user rather than the platform [13][15]. - Apple's previous data export tools were cumbersome, and the new features align with regulatory requirements to facilitate easier data migration [15][16]. Group 3: Impact on Competitors - The opening of iOS to Android interoperability is seen as a boon for domestic smartphone manufacturers like Vivo, OPPO, and Xiaomi, who have struggled to break Apple's ecosystem barriers [16][22]. - The new features eliminate the last major reason for users to stick with iPhones due to ecosystem lock-in, potentially increasing competition in the high-end smartphone market [22][24]. Group 4: Long-term Implications for Apple - While Apple may risk losing some users to Android, the shift could lead to a renewed focus on hardware innovation and service revenue expansion, as the ecosystem lock-in diminishes [24]. - The changes may also alleviate antitrust pressures by demonstrating a willingness to comply with regulatory demands, potentially reducing the risk of severe penalties [24]. Group 5: Consumer Benefits - Consumers will benefit from increased freedom of choice between devices, as the barriers between iOS and Android diminish, aligning with the vision of a more interconnected digital ecosystem [25].

近日，据知情人士爆料，苹果正酝酿着一场智能手机领域的"产品革命"。 大幅扩展iPhone产品线 据消息人士透露，苹果计划在2027年秋季前大幅扩展智能手机产品线，库克团队或将推出至少七款iPhone机型。 这也是苹果在在智能手机设计里最大胆的尝试之一。 其中，最核心的产品就是苹果的首款折叠屏iPhone，预计将在2026年秋季发布。 未来两年，苹果计划大幅扩展智能手机的产品线，2027年秋季前可能发布至少七款新的旗舰机型，首款折叠屏iPhone预计将 在2026年秋季发布。 值得一提的是，产品线的扩容主要是为了缓解淡季对经营的影响。 iPhone业务占苹果总收入近一半，但近年来增长停滞，消费者换机周期延长。截至9月27日的财报显示，iPhone的销售额同 比增长4%，这主要得益于iPhone 17系列的设计升级。 根据此前爆料，折叠iPhone的屏幕方案主要如下： 外屏：5.5英寸，分辨率2088×1422，像素密度460PPI，采用HIAA打孔摄像头设计，开孔超小，比例接近寸接近常规 iPhone，满足日常快捷操作。内屏：7.8英寸，分辨率2713×1920,4:3比例，像素密度428PPI，采用UPC屏下 ...

记者16日了解到，市场监管总局缺陷产品召回技术中心发布了《网络销售消费品安全与召回共治承诺监测评估指南》，按照"网络销售消费 品安全与召回共治承诺"的内容，针对网络交易平台承诺实施情况设置了监测指标。 一是网络交易平台是否发挥数据和资源优势，建立缺陷消费品信息监测与共享机制，持续开展信息监测和风险研判，将涉及人身伤害相关 投诉举报信息实时向市场监管部门、相关平台内经营者共享。 二是网络交易平台收到市场监管部门推送的消费品召回信息后，是否在24小时内要采取措施，停止销售缺陷消费品。 三是网络交易平台是否为平台内经营者提供条件，供其在店铺主页面显著位置公布相关消费品召回信息，并明确告知消费者相关权利。 四是平台是否加强对缺陷消费品召回处置情况的跟踪，阻断缺陷消费品重新上架。 五是对明知消费品存在缺陷而继续在网络交易平台上销售的，或者将尚未消除缺陷的消费品重新上架的平台内经营者，网络交易平台是否 依据平台规则采取必要的管理措施。 苹果闪送官宣iPhone免运费 目前淘天、美团、京东、小红书、腾讯、快手、抖音、得物、唯品会9家网络交易平台企业签署了《网络销售消费品安全与召回共治承诺 书》。 后续市场监管部门将逐步扩大 ...