来源：滚动播报 据港交所文件：上海龙旗科技股份有限公司向港交所提交上市申请书。 ...

以下文章来源于Vista氢商业 ，作者何愚 Vista氢商业 . 关心都市白领的消费生活 提供易懂有趣的品牌报道 花小钱办大事。 文 ｜ 贾小乐 编辑 ｜ 卢力麟 来源｜ Vista氢商业（ID：Qingshangye666） 封面来源 ｜ 苹果官方 手机早已渗透进人类生活的每一个缝隙，而人类打扮手机的热情，也几乎到了无孔不入的程度。 就在12月20日，苹果官宣，iPhone17 Pro和新晋IP顶流的五月天"魔魔胡胡胡萝卜"（简称为"卜卜"）联动合作。那块被吐槽比太平洋还宽阔的超大摄像模 组，忽然显露出另一种合理性，仿佛生来就是为贴纸DIY预留的展示位。原本因"史上最丑"而饱受争议的iPhone 17系列，也因此摇身一变，成了天选"痛 机"。 不要2999，不要999，只要29元，就可以解锁当下最便宜的苹果官方联名配件——卜卜贴纸。 被大几百块天价手机壳收割的潮人们，也开始自己动手丰衣足食。爱豆的对镜自拍里，和OOTD颜色与元素相呼应的手机小贴纸，正成为"穿搭的最后一公 里"；甚至有人为了单纯享受"咕手机"的快乐，斥巨资一万块拿下最新款苹果手机，"终于理解了'买椟还珠'的故事"。 "只花一张贴纸的钱，却每天 ...

Core Viewpoint - The company is expected to achieve significant revenue and profit growth in Q4 2025, with projected revenue between 50.61 billion to 60.36 billion RMB, representing a year-on-year increase of 14.5% to 36.5%, and net profit between 2.41 billion to 3.14 billion RMB, indicating a growth of 37.2% to 79.1% [1][7]. Financial Forecast - The consensus forecast for Q4 2025 includes: - Revenue: 50.61 billion to 60.36 billion RMB, with an average estimate of 52.37 billion RMB, showing an 18.5% year-on-year growth [3][9]. - Net Profit: 2.41 billion to 3.14 billion RMB, with an average estimate of 2.55 billion RMB, reflecting a 45.6% year-on-year increase [3][9]. - The median revenue forecast is 51.65 billion RMB, with a 16.8% growth, and the median net profit forecast is 2.51 billion RMB, with a 43.1% growth [3][9]. Business Development - The company is advancing in the humanoid robot sector through technological iterations and deep strategic partnerships with global leaders, enhancing production automation and integrating consumer electronics with robotics [4][10]. - The company has developed production design capabilities for humanoid robot dexterous hands, transitioning from component supply to complete assembly, which is expected to expand market opportunities and improve production efficiency [5][10]. - The company has diversified since its establishment in 2006, expanding from die-cutting to various sectors including consumer electronics, photovoltaics, new energy vehicles, and humanoid robots, achieving a global presence [11].

万万没想到，在2025年年终，"手机涨价潮"竟然成为了一个百度词条。 "本来打算换的，现在看起来要等等了。"一边，是消费者在各类平台上的"吐槽"。 "（涨价）目前看会持续很久，至少以年记，甚至一年半、两年。"另一边，有业内人士公开发声。 摩尔定律认为，消费电子产品性能大约每两年翻一倍，与之对应，价格会下降为之前的一半。当下的手 机售价却开始反向变化。到底发生了什么？ 消费电子"被迫"涨价 12月25日，小米17 Ultra正式发布，起售价为6999元，较上代机型涨了500元。 不过，早在这之前，小米集团合伙人卢伟冰就在微博预告了涨价，"小米17 Ultra处理器/相机/内存三大 件成本上涨都非常大，涨价是确定的，但产品一定会物超所值。" 主要原因是内存供给缺口太大了。卢伟冰透露，"由于高性能计算和数据中心需求的猛增，以及扩产的 滞后，造成这一轮内存成本上涨具有暴涨性和长周期性。像内存条等产品反应会更加迅速，也几乎直接 反应涨价幅度。其次手机/平板/笔记本等内存成本占比较高的产品，反应速度次之。" 实际上，不仅是小米被内存所困。今年第四季度以来，OPPO、vivo等主流厂商旗下的旗舰新机，相较 于上一代，均有不 ...

万万没想到，在2025年年终，"手机涨价潮"竟然成为了一个百度词条。 "本来打算换的，现在看起来要等等了。"一边，是消费者在各类平台上的"吐槽"。 "（涨价）目前看会持续很久，至少以年记，甚至一年半、两年。"另一边，有业内人士公开发声。 摩尔定律认为，消费电子产品性能大约每两年翻一倍，与之对应，价格会下降为之前的一半。当下的手机售价却开始反向变 化。到底发生了什么？ 消费电子"被迫"涨价 12月25日，小米17 Ultra正式发布，起售价为6999元，较上代机型涨了500元。 不过，早在这之前，小米集团合伙人卢伟冰就在微博预告了涨价，"小米17 Ultra处理器/相机/内存三大件成本上涨都非常大，涨 价是确定的，但产品一定会物超所值。" 主要原因是内存供给缺口太大了。卢伟冰透露，"由于高性能计算和数据中心需求的猛增，以及扩产的滞后，造成这一轮内存成 本上涨具有暴涨性和长周期性。像内存条等产品反应会更加迅速，也几乎直接反应涨价幅度。其次手机/平板/笔记本等内存成本 占比较高的产品，反应速度次之。" 实际上，不仅是小米被内存所困。今年第四季度以来，OPPO、vivo等主流厂商旗下的旗舰新机，相较于上一代，均有不同 ...

Core Viewpoint - The article discusses the unexpected trend of rising smartphone prices, which contradicts Moore's Law that suggests prices should decrease as technology improves. This price increase is attributed to significant cost hikes in memory components, driven by supply shortages and increased demand from AI servers [1][2]. Group 1: Price Increases in Smartphones - Xiaomi's new model, the Xiaomi 17 Ultra, has a starting price of 6,999 yuan, which is an increase of 500 yuan from the previous model. The price hike is attributed to substantial increases in the costs of key components such as processors, cameras, and memory [2]. - Other major smartphone manufacturers like OPPO and vivo have also raised prices for their flagship models compared to previous generations, indicating a broader trend in the industry [2]. Group 2: Memory Supply Shortages - The supply of LPDDR4X memory has seen a shortage of approximately 15%-20% due to a shift in production lines, particularly affecting low-capacity products [4]. - The demand for LPDDR5X memory has surpassed 50% penetration in global smartphones, while LPDDR4X is primarily used in mid-range devices. The tightening supply of LPDDR4X is expected to drive prices up and accelerate the transition to LPDDR5X in the smartphone industry [4]. Group 3: Impact of AI on Memory Supply - AI servers are increasingly consuming memory production capacity that was previously allocated to smartphones and computers, leading to supply constraints in the non-server market [6][7]. - OpenAI's partnership with Samsung and SK Hynix for AI data centers is expected to significantly increase memory demand, with projections of up to 900,000 DRAM wafers needed monthly [7]. Group 4: Domestic Manufacturers' Opportunities - The shift of major manufacturers towards high-margin AI storage has created opportunities for domestic DRAM manufacturers, with the storage index rising over 70% this year [9][11]. - Domestic firms are positioned to fill the supply gap in standard DDR5/RDDR5, with expectations of a 15%-20% supply shortfall by 2026. They can leverage lower technical barriers and cost advantages to provide competitive solutions in the PC and server markets [11][12].

证券日报网讯 12月29日，炬光科技在互动平台回答投资者提问时表示，在光通信领域，公司已形成较 为完整的产品与解决方案布局，主要包括：用于激光器（LD）、探测器（PD）及驱动/TIA芯片的预置 金锡氮化铝衬底；用于可插拔光模块的微透镜及阵列；用于硅光平台（800G/1.6T等）激光器到PIC、 PIC到光纤的耦合微光学元器件；用于光路开关 OCS大通道数光纤阵列用NxN微透镜阵列；用于电信与 DCI光子器件波长选择开关（WSS）的专用微光学元件；用于CPO的超高通道精密设计的V型槽阵列、 特殊非球面耦合光学元件、衬底材料、带准直和反射功能的微棱镜透镜阵列；同时公司也根据客户需 求，提供FAU工艺及其他光学封装服务。上述产品与服务已覆盖光通信多个关键应用场景，并持续配合 客户推进相关方案的迭代与量产。在消费电子领域，该业务已为公司带来实质性营收贡献。2025年前三 季度，消费电子相关业务收入已超过5300万元，约占公司同期总收入的9%。目前公司不仅已实现销 售，也与多家头部客户共同推进在研项目，为后续增长蓄力。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the news is that Longqi Technology (603341.SH) submitted its Hong Kong IPO prospectus on June 27, which became invalid after six months on December 27, with Citigroup, Haitong International, and Guotai Junan International as joint sponsors [1] Group 2 - Longqi Technology is a leading global provider of smart products and services, offering comprehensive solutions for well-known smart product brands and leading technology companies, including product research, design, manufacturing, and support [2] - The company has developed a diversified product portfolio that includes smartphones, AI PCs, automotive electronics, tablets, smartwatches/bands, and smart glasses, with core clients including Xiaomi, Samsung Electronics, Lenovo, Honor, OPPO, and vivo [2] - According to Frost & Sullivan, Longqi Technology is the second-largest consumer electronics ODM manufacturer globally based on ODM shipment volume in 2024, and it ranks first in the global smartphone ODM market for the same year [2]

国芯网[原:中国半导体论坛] 振兴国产半导体产业！ 不拘中国、 放眼世界 ！ 关注 世界半导体论坛 ↓ ↓ ↓ 12月29日消息，昨日晚间，小米集团在港交所发布公告称， 公司联合创始人林斌计划自2026年12月开始，将出售总金额不超过20亿美元 股票！ 与之相对，2025年11月24日，小米集团公告称，创始人、董事长兼CEO雷军个人斥资约1亿港元增持260万股，平均股价约38.58港元， 增持后其持股比例升至23.26%。 根据小米2025年中期报告披露， 林斌通过Apex Star LLC持有小米21.55亿股普通股，占总股本8.31%，为第二大股东，也一直被外界视 为小米的"二号人物"。按照12月26日收盘价39.22港元计算，其在小米持有市值845亿港元左右。事实上，这并非林斌首次减持小米，此 前他已累计套现超85亿港元。 早在2019年8月，林斌曾连续减持小米股票，合计卖出4131.34万股，套现约3.7亿港元。随后，小米集团发布公告称，收到林斌的承诺 函，承诺365日内不再减持。 2020年9月，林斌通过大宗交易出售3.5亿股，套现约79.97亿港元。交易完成后，他承诺未来五年不再卖出剩余持股。 而 ...

小米集团-W(01810)发布公告，于2025年12月29日，该公司斥资1.51亿港元回购390万股股份，每股回购 价格为38.56-38.64港元;就根据股份计划授予参与人(发行人的董事除外)的股份奖励或期权而发行39.5万 股股份。 ...