智东西12月2日消息，今早，三星悄悄官宣了自家首款三折叠Galaxy Z TriFold，成为全球继华为之后第二家发布三折叠的手机厂商。 根据三星的新闻稿，Galaxy Z TriFold采用内折设计保护主显示屏，展开两次时屏幕可以达到10英寸，这也是三星Galaxy系列迄今最大屏幕手机。 ▲三星Galaxy Z TriFold折叠演示（图源：YouTube博主Mrwhosetheboss） 基于此前在折叠屏手机上的积累，三星改进了铰链、铝制框架和显示技术，同时还为TriFold配备了一整套Galaxy AI软件功能。 2024年9月与今年9月，华为推出全球首款商用三折叠手机HUAWEI Mate XT非凡大师及第二款HUAWEI Mate XTs非凡大师。从公开信息可以看出，华为 两款手机的最薄处都是3.6mm、三星为3.9mm，重量方面，三星比华为重11g，华为两款三折叠手机目前均未提供AI功能。 | | 三星 | 华为 | | | --- | --- | --- | --- | | | | HUAWEl Mate XT | HUAWEI Mate XTs | | 屏幕尺寸 | 6.5英寸-10英寸 | ...

Investment Rating - The report maintains an "Accumulate" rating for the basic chemical industry [5] Core Insights - The consumer electronics sales season is set to begin with the launch of the iPhone 17 series, which is expected to stimulate global smartphone shipments [1][21] - The penetration rate of flexible OLED displays is steadily increasing, with domestic manufacturers gaining market share [2][23] - Revenue for OLED material manufacturers continues to grow, driven by the rising demand for organic materials [3][27] Summary by Sections Industry Overview - The iPhone 17 series was launched on September 10, 2025, marking the start of the consumer electronics sales season for the second half of 2025 [1][21] - Major brands like Huawei and Xiaomi are also expected to release flagship products, further boosting replacement demand in the smartphone market [1][21] Market Performance - In the first half of 2025, global smartphone panel shipments reached approximately 1.09 billion units, a year-on-year increase of 1.6% [2][23] - The flexible OLED panel shipments were about 298 million units, growing by 4.9% year-on-year, with a penetration rate of 27.4% [2][23] Domestic Market Dynamics - In the first half of 2025, China's OLED smartphone panel shipments totaled around 200 million units, accounting for 50.9% of the global market [2][23] - Major domestic manufacturers like BOE, Tianma, and TCL Huaxing have shown significant growth in shipments, with respective increases of 10.3%, 15.6%, and 8.6% [2][23] Revenue Growth in OLED Materials - OLED material manufacturers such as Aolai and Lite-On reported revenues of 257 million yuan and 276 million yuan respectively in the first half of 2025, reflecting year-on-year growth of 22.0% and 30.0% [3][25] - The overall market for OLED organic materials in mainland China is projected to reach 7.4 billion yuan in 2025, with a growth rate of 30% [3][27] Investment Recommendations - The report suggests focusing on companies within the OLED supply chain, including Aolai, Ruile New Materials, Wanrun Co., Lite-On, Puyang Huicheng, and Bayi Shikong [4][28]