近日，京东旗下即时零售平台京东秒送宣布已全面承接2026年国补落地，北京、上海、广东、江苏、四川、浙江、福建、河北、湖南、山东、重庆、江 西、辽宁、山西、宁夏共15个省市同步上线，消费者在京东搜索"秒送国补"，可进入国补专区，选择附近门店选购心仪的3C数码产品下单，享受小时级 甚至分钟级的高效配送服务。据了解，后续还将有更多省份国补陆续上线京东秒送。 在京东秒送上，参与本次国补活动的商品覆盖电脑、手机、平板、智能手表、手环等3C数码产品，苹果、小米、华为、OPPO、vivo、小天才、联想等主 流品牌多款指定热销机型均可选购。 在补贴力度方面，消费者使用国补可按产品销售价格的15%享受补贴，其中电脑类产品单件补贴至高1500元；手机、平板、智能穿戴等产品单件补贴至高 500元。除国补直降外，消费者在京东秒送换新机，还能叠加平台券和京东白条分期免息，进一步降低购机成本。比如消费者在京东秒送上购买原价5999 元的iPhone17手机，使用国补能够立减500元，并由秒送专业骑手提供送货上门服务；联想热卖的拯救者系列电脑，使用国补下单最高能立减1500元。 XMAGE 100 16 JIIXXW HUAWEI 户京东 ...

联想拯救者平板Y700四代自上市以来，游戏操控与画质体验的双重优势迅速出圈，斩获市场广泛 关注。知名科技内容创作者"影视飓风"更是对其给出"小尺寸大能量"的高度评价。 这款产品的核心竞争力，源于搭载了TCL华星独家供应的8.8英寸电竞显示屏。这块定制化屏幕以 更贴合手游场景的显示效果与跟手触控体验，重新定义了消费者对电竞平板"好屏"的认知，也成 为联想与TCL华星近年来深化协同创新、打造硬核科技产品的又一标杆成果。 先进显示赋能，塑造电竞平板"好屏标杆" 针对拯救者平板Y700四代小尺寸、高性能的使用场景，TCL华星为其定制8.8英寸LTPS电竞显示 屏， 在有限尺寸内实现了显示性能的系统性提升。 画质表现上 ，这块屏幕 拥有 3040×1904 超 高 分辨率与408PPI超高像素密度，在小尺寸下显著降低像素颗粒感， 让高速游戏的动态画面、 复杂场景的精细细节都能清晰锐利呈现 ；同时支持DCI-P3广色域与12bit色深显示，在色彩覆盖 与过渡细腻度上进一步提升，兼顾游戏画面的冲击力与影音内容的真实还原。 在亮度与能效表现上，该屏幕全局最高亮度达600nits（典型值），不仅 有效 提升画面 的 对比 度和 ...

Core Insights - JD's instant retail platform, JD Seconds, has fully adopted the national subsidy program for 2026, launching in 15 provinces including Beijing, Shanghai, and Guangdong, allowing consumers to purchase 3C digital products with efficient delivery services [1][2] - The subsidy allows consumers to receive a 15% discount on product prices, with maximum subsidies of 1500 yuan for computers and 500 yuan for mobile phones, tablets, and wearable devices [1] - JD has invested nearly 30 billion yuan to support the national subsidy program in rural areas, promoting consumption growth in county regions [2] Group 1 - JD Seconds offers a wide range of products including computers, smartphones, tablets, and smart wearables from major brands like Apple, Xiaomi, Huawei, and Lenovo [1] - Consumers can further reduce costs by combining the national subsidy with platform coupons and interest-free installments through JD's financing options [1] - The service includes trained delivery personnel who provide on-site signing and activation assistance, enhancing the overall consumer experience [2] Group 2 - The national subsidy program aims to make high-quality products more accessible to consumers, leveraging JD's supply chain and instant retail network [2] - The initiative is part of the broader "Two New" policy implemented in 2024, with JD continuously investing resources to ensure effective subsidy distribution [2] - By 2026, JD plans to expand the reach of the subsidy program, further benefiting consumers across various regions [2]

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 本文源自：市场资讯 国家知识产权局信息显示，联想（新加坡）私人有限公司取得一项名为"电子设备以及电子设备的制造 方法"的专利，授权公告号CN116741044B，申请日期为2023年3月。 作者：情报员 ...

银河证券表示，AI眼镜是AI应用落地的一个重要硬件品类，持续关注AI眼镜产业链相关投资机会。此 外，台积电法说会指引以苹果为主的高端消费电子需求无虞，仍然看好2026年苹果创新大年的相关投资 机会。 1月27日开盘，A股三大指数集体下跌，上证指数盘中下跌0.15%，石油石化、国防军工、银行等板块涨 幅靠前，电力设备、医药生物跌幅居前。消费电子个股分化，截至9点42分，消费电子ETF （159732.SZ）下跌0.76%，其成分股星宸科技上涨5.73%，电连技术上涨5.41%，协创数据上涨3.17%， 瑞芯微上涨2.52%。然而，华勤技术、领益智造等表现不佳，其涨跌幅分别是-2.79%、-2.72%。 消息方面，根据 VRAR 星球报道，近期苹果 AI 眼镜项目取得关键进展，或将在 2026 年第二季度正式 亮相。在细节上，这款眼镜放弃了集成屏幕，转而采用镁合金材质+特制镜片来优化佩戴体验。苹果 AI 眼镜的核心功能依赖与 iPhone 的搭配使用。 消费电子ETF（159732）跟踪国证消费电子指数，主要投资于业务涉及消费电子产业的50家A股上市公 司，行业主要分布于电子制造、光学光电子等市场关注度较高的主流 ...

智通财经记者 | 宋佳楠 腾讯创始人马化腾"罕见"点评豆包手机后，豆包手机助手就安全隐私问题再次回应。 智通财经注意到，1月26日晚，豆包手机助手通过官方微博表示，"我们理解外界对于手机助手安全与隐私的关注。豆包手机助手严格遵循用户授权与合规的 原则，仅在用户明确授权的前提下调用必要能力。此外，豆包手机助手在云端处理用户手机屏幕内容时，严格遵循'不存储、不训练'的原则，数据传输过程 加密，使用过程有严格的保护措施，确保用户隐私安全。" 图片来源：豆包手机助手微博 当天，马化腾在腾讯公司年会上提到了此前备受外界关注的豆包手机。对于豆包通过底层接入手机、协助用户执行操作的模式，他并不认同，称用外挂方式 把用户手机和电脑屏幕录屏传到云端，"极不安全、不负责任"，腾讯对此"旗帜鲜明地反对"。 去年12月1日，豆包团队发布手机助手技术预览版，通过与中兴合作推出努比亚M153工程样机落地，这款宣称"系统级调度"的AI助手可跨应用完成订机票、 比价等操作。 这款手机主要面向开发者和科技爱好者，售价3499元，开售即售罄。但手机上线次日，多名用户反馈使用豆包手机助手操作微信时，账号因"登录环境异 常"被迫下线，淘宝、银行类A ...

2026年1月15日，iQOO正式发布全新"战斗精灵"——iQOO Z11 Turbo，以"特好看、爆能打"的产品哲学，打破行 业对中端机性能、影像、设计、续航等核心指标"只能选其一"的固有认知。 （iQOO Z11 Turbo：2亿配双芯，强悍又清晰） iQOO Z11 Turbo搭载第五代骁龙8旗舰芯与自研电竞芯片Q2双芯组合，配备2亿像素主摄、7600mAh超薄蓝海大电 池、金属中框、玻璃/玻纤后盖、IP68/69防尘防水、超声波3D指纹等旗舰配置，首次在Z系列中实现旗舰级外观质 感、顶级游戏性能、超清影像系统与超长续航能力的全面融合。首销优惠价2399元起，面向"跨次元玩家"，打造 该价位段集强性能、好影像、高质感于一体的全能型中屏产品新标杆。 （iQOO产品副总裁 罗锋） 颜值即正义，手感即战力 iQOO Z11 Turbo首次在Z系列中采用金属中框+玻璃/玻纤后盖的旗舰级材质组合，告别传统塑料感，带来视觉与触 觉双重升级。机身正面采用四边超窄边框设计，6.59英寸黄金中屏配合74.42mm超窄机身宽度，单手握持覆盖面 积更大，兼顾视觉沉浸与操作便利性。10.4mm大R角设计贴合掌心弧度，长时间握持 ...

考虑供给端瓶颈、品牌策略未明等因素，集邦认为，今年全球笔记本电脑出货衰退幅度会比预期大，该 机构原预期年减5.4%，最新预估修正为年减9.4%。这意味华硕、宏碁等笔记本电脑品牌出货压力沉 重，面临下修压力。 研调机构集邦科技（TrendForce）1月26日发布最新报告示警，笔记本电脑品牌厂先后面临存储涨价、 中央处理器（CPU）缺货并调升价格，及PCB、电池、电源管理IC等零组件成本上扬冲击，估本季全球 笔记本电脑出货量季减14.8%，不如厂商预期。 笔记本电脑规格提升亦推高单机电池成本，加上锂电池材料价格回温，电池报价跟着提高。同时，笔记 本电脑CPU、NPU功耗上升，也连带增加电源管理IC配置需求。 WiFi 7、USB 4等新规格导入，也垫高 相关芯片与连接器成本。上述零组件的单一价格涨幅虽不及存储或CPU，但加总起来仍对毛利偏低的笔 记本电脑品牌形成实质负担。 集邦分析，CPU占笔记本电脑整机物料清单（BOM）成本约15%至30%，目前多数低端与主流价位带产 品仍主要采用英特尔处理器，但英特尔低端处理器价格上调，且供给缺口可能到3月以后才会稍微改 善，导致笔记本电脑品牌的产品配置、出货节奏承受额外压 ...

Core Viewpoint - JPMorgan raised its price target on Apple to $315 from $305 while maintaining an Overweight rating, indicating an improving risk-reward profile ahead of upcoming earnings [1] Group 1: Stock Performance and Market Context - Apple shares underperformed the S&P 500 over the prior two months, falling 13% compared to a 1% gain for the broader index, reflecting investor concerns about gross margin pressure and potential price elasticity risks for iPhone demand [2] - Despite the underperformance, positive indicators suggest strong demand for the iPhone 17 [2] Group 2: Earnings Expectations - JPMorgan anticipates a constructive setup heading into Apple's fiscal first-quarter 2026 results, with the stock trading at approximately 30 times next-twelve-month earnings, below historical peaks observed during major iPhone product cycles [3] - iPhone revenue is expected to exceed consensus forecasts, with projected 16% year-over-year growth, marking the strongest iPhone revenue expansion since September 2021 [4] Group 3: Services and Margin Outlook - For Services, JPMorgan projects App Store revenue growth of about 7% year-over-year in fiscal Q1, below Apple's overall Services growth guidance of roughly 14%, but notes that Apple has multiple non-App Store levers to support Services growth [4] - Limited margin pressure from higher memory costs is anticipated due to Apple's long-term supply contracts and scale advantages, which typically provide more favorable component pricing [5] Group 4: Revenue and Earnings Forecast - JPMorgan forecasts a modest revenue beat and a stronger earnings beat in fiscal Q1, with a fiscal Q2 outlook calling for 10%–12% revenue growth [6] - The higher price target reflects increased earnings power and a valuation multiple more consistent with historical peaks ahead of major product cycles later in the year [6]

Core Viewpoint - The upcoming earnings report for Apple is anticipated with cautious optimism, as the stock has underperformed recently, but expectations for iPhone growth remain high at nearly 14% [2] Financial Performance - Apple's stock has underperformed year-to-date and last year, but consensus expectations for iPhone growth are reasonably high [2] - The guidance for the second half of the year is a concern, particularly regarding rising component costs, which may affect margins [3] - Strong unit sales are expected, driven primarily by Pro and Pro Max models, leading to higher average selling prices (ASPs) [5][6] Product Insights - The new iPhone Air is not expected to be a significant driver for the quarter, with strong sales anticipated from Pro models instead [5][6] - There are concerns about the potential need for a price increase on the iPhone due to rising component costs, which could impact demand [3] AI and Technology Integration - Key questions revolve around how Apple will monetize AI and integrate it with existing technologies, particularly Siri [7][9] - There is skepticism about consumer interest in paying for AI features, but deeper integration could enhance the indispensability of Apple's technology [13] - The ability to drive a hardware upgrade cycle through AI integration is a critical focus for the company [10][12] Market Expectations - Current growth expectations for iPhone sales are considered lofty for a mature business, and a reduction in these expectations or a lower valuation could change market sentiment [15] - Apple's current trading valuation is approximately 22 times EBITDA, which is higher than historical averages, indicating a need for lower expectations or pricing to attract investment [15][16]