Core Insights - Apple has expanded its Apple Trade In program to include a wider range of brands, such as Huawei, OPPO, OnePlus, Samsung, vivo, and Xiaomi, allowing customers to trade in their old devices for new ones [1][3] Group 1: Trade-In Program Details - The Apple Trade In program allows customers to receive significant discounts on new devices when trading in old ones, with the iPhone 16 Pro Max offering up to 5800 yuan and the MacBook Pro up to 6050 yuan [3] - Specific trade-in values for other brands include Huawei Mate XT at 5400 yuan, Mate X6 at 3800 yuan, vivo X200 Pro at 1900 yuan, and OPPO Find X8 Pro at 1700 yuan [3] - The program enables consumers to trade in devices online or at Apple Store retail locations, and Apple will also recycle devices that do not meet trade-in conditions [3] Group 2: Historical Context - The Apple Trade In program was initially launched in mainland China on March 31, 2015, supporting trade-ins for iPod, iPad, and iPhone 4 and later models [3] - Users can assess the value of their old devices in-store to offset the cost of new purchases [3]

Core Insights - The global foldable smartphone market is experiencing continuous growth, particularly in China, driven by technological advancements and an improved supply chain, leading to product diversification [1] - China has emerged as the main growth engine for the global foldable smartphone market, with Huawei maintaining a significant market share [1][18] - User willingness to purchase foldable smartphones is increasing, with higher expectations for product functionality and experience [1] - The transition from niche to mainstream market for foldable smartphones is anticipated, with sustained demand growth and a focus on hardware optimization and software ecosystem development [1] Market Overview - The global smartphone market has entered a phase of stock competition since 2017, with annual shipment volumes declining by approximately 2.52%, projected to reach 1.22 billion units by 2024 [2] - The flat smartphone market has become saturated, prompting manufacturers to innovate product forms to explore the high-end market [5] Competitive Landscape - The foldable smartphone industry chain includes upstream raw material supply, midstream design and manufacturing, and downstream sales [7] - Chinese foldable smartphone manufacturers, such as Huawei and Samsung, are leading the industry chain with strong technological capabilities [7][8] User Behavior and Preferences - The majority of foldable smartphone users are male and female, with a higher preference among first-tier and new first-tier city users [20] - Users with higher education levels, particularly those with a bachelor's degree or above, show a greater preference for foldable smartphones [20] - The price range for most users of foldable smartphones is between 5,000 to 9,000 yuan, with Huawei being the most used brand [22] Purchase Motivations - The key reason for purchasing foldable smartphones is the stronger sense of technology and futurism, accounting for 44.7% of responses [24] - Users have a substantial budget for purchasing foldable smartphones, with 28.4% willing to spend between 8,000 to 10,000 yuan [24] Brand Recognition and Image - Huawei leads in brand recognition across various dimensions, including high-end perception, business style, and innovation [26][28] - User satisfaction is highest for Huawei, followed by Xiaomi and Samsung, indicating strong user approval [30] Future Trends - Over 90% of consumers are considering purchasing a foldable smartphone for their next device, focusing on reliability, battery life, and hardware specifications [41] - The foldable smartphone market is transitioning from a niche to a mainstream product, with 95.5% of consumers willing to switch to a foldable device in the future [47]

Core Insights - Huawei is striving to regain market share in the high-end smartphone segment in the Middle East, which has been dominated by Apple and Samsung for a long time [1][4] - The Middle East market is becoming a crucial growth pillar for Chinese smartphone brands outside Asia, with Huawei launching multiple high-end products in a short span [1][6] Group 1: Market Dynamics - The Middle East smartphone market is projected to reach 15.1 million units by Q3 2025, reflecting a 23% year-on-year growth, with the UAE market growing by 13% [2] - Apple and Samsung dominate the high-end market, holding over 90% of the market share, with Apple accounting for approximately 46% and Samsung 45% in the $500 and above price segment [4] Group 2: Strategic Moves - Huawei's recent product launch in Dubai includes the Mate X7 foldable phone, targeting direct competition with Samsung's Galaxy Z Fold series [2] - Huawei is not only focusing on smartphone deployment but also accelerating its market actions in the Middle East by proposing a regional smart transformation strategy and collaborating with local companies [5] Group 3: Challenges and Opportunities - Huawei faces significant challenges in overcoming brand recognition and ecosystem barriers in the high-end market [4] - The Middle East market presents both growth opportunities in the mid-range segment and profit potential in the high-end and mid-high-end markets for Chinese brands [6]

Group 1 - The core viewpoint of the report highlights the continuous growth of the global foldable smartphone market, particularly in China, driven by technological advancements and an improved supply chain, leading to product diversification [1][4][5] - The report indicates that the foldable smartphone market is transitioning from a niche to a mainstream market, with increasing consumer acceptance and willingness to purchase [1][43][47] - Huawei is identified as a leading player in the foldable smartphone market, significantly increasing its market share from 35.0% in Q1 2023 to 75.0% in Q1 2025, showcasing its dominant position [18] Group 2 - The global smartphone market has entered a phase of stock competition since 2017, with annual shipment volumes declining by approximately 2.52%, projected to reach 1.22 billion units by 2024 [2] - The foldable smartphone segment is seen as a strategic direction to break through the stagnation in market growth, with expected high shipment growth from 2022 to 2024 [5][15] - The foldable smartphone industry chain includes upstream raw material supply, midstream design and manufacturing, and downstream sales, with major players like Huawei and Samsung leading the charge [7] Group 3 - The Chinese foldable smartphone industry has matured, achieving international advanced standards in technology, and creating a virtuous cycle of technology, cost, and market [8][9] - The report outlines the diverse product forms in the foldable smartphone market, with Huawei leading in innovative designs such as tri-fold and wide-fold models [11] - The user demographics indicate a strong preference for foldable smartphones among high-education users, with over 75% of users holding a bachelor's degree or higher [20] Group 4 - The primary reasons for purchasing foldable smartphones include a stronger sense of technology and future, with 44.7% of users citing this as a key factor [24] - Users show a willingness to spend, with 28.4% budgeting between 8,000 to 10,000 yuan for their next foldable smartphone [24] - Huawei leads in brand recognition and user satisfaction, with a significant market share and positive user feedback on its products [26][30] Group 5 - The report notes that foldable smartphones are perceived as carriers of innovation and multifunctional devices, with varying perceptions between male and female consumers [34] - Social interaction and entertainment are the primary use cases for foldable smartphones, indicating a need for further exploration of productivity applications [36] - Users express concerns regarding hardware durability and software experience, highlighting areas for improvement in future models [39] Group 6 - Over 90% of consumers are considering purchasing a foldable smartphone for their next device, focusing on reliability, battery life, and hardware specifications [41] - The transition from "niche novelty" to "mainstream utility" is emphasized, driven by advancements in hardware technology and software ecosystems [43][45] - The report concludes that foldable smartphones are moving towards becoming reliable, everyday devices, with a significant percentage of users willing to switch to foldable models in the future [47]

Group 1 - In Q2 2025, global foldable smartphone shipments surged by 45% year-on-year, indicating a significant recovery driven by strong performances in both the Chinese and U.S. markets [1][2] - Motorola's Razr 60 series has been a key contributor to this growth, particularly in the U.S. market, where its pricing strategy has made it the most cost-effective foldable smartphone at $699 [1][2] - Huawei's Mate X6 leads the Chinese market, accounting for over one-third of Huawei's foldable smartphone shipments in the same quarter [1][3] Group 2 - UTG (Ultra-Thin Glass) has become the new mainstream trend for foldable screens, outperforming CPI (Cover Plastic) in various performance metrics [2] - Apple is expected to raise the average selling price of the iPhone 17 series by 5% in FY2026, marking the first price increase since 2017, without affecting demand [2] - Analysts predict that Apple will launch its first foldable iPhone in 2026, with expected shipments of 8-10 million units, growing to 25 million units by 2027 [3] Group 3 - China remains the largest market for foldable device shipments, aligning with global growth trends [3] - Samsung's latest Galaxy Z Fold and Flip 7 achieved record sales in Q3, but the company's market share has significantly declined [3] - Key players in the foldable screen supply chain include Hongteng Precision, Lens Technology, BYD Electronics, and Sunny Optical [4]

Group 1 - In Q2 2025, global foldable smartphone shipments surged by 45% year-on-year, indicating a significant recovery driven by strong performances in both the Chinese and U.S. markets [1][2] - Motorola's Razr 60 series has been a key contributor to this growth, particularly in the U.S. market, where its base model is priced at $699, making it the most cost-effective foldable smartphone available [1][2] - Huawei's Mate X6 leads the Chinese market, accounting for over one-third of Huawei's foldable smartphone shipments in the same quarter [1][3] Group 2 - UTG (Ultra-Thin Glass) has become the new mainstream trend for foldable screens, outperforming CPI (Cover Plastic) in various performance metrics [2] - Apple is expected to slightly increase the prices of the iPhone 17 series for the first time since 2017, with an anticipated average price increase of 5% for the 2026 fiscal year [2] - Analysts predict that Apple will launch its first foldable iPhone in 2026, with expected shipments of 8-10 million units, growing to 25 million units by 2027 [3] Group 3 - China remains the largest market for foldable device shipments, aligning with global growth trends [3] - Samsung's latest Galaxy Z Fold and Flip 7 achieved record sales in Q3, yet the company's market share has significantly declined [3] - The foldable screen supply chain includes companies such as Hongteng Precision, Lens Technology, BYD Electronics, and Sunny Optical [4]

Core Insights - Huawei holds a leading position in the global foldable smartphone market with a 45% market share, significantly higher than Motorola's 28%, representing a 17 percentage point difference [2] - China remains a key market for foldable smartphones, with Huawei's Mate X6 model being particularly popular among consumers, contributing to over one-third of Huawei's total foldable smartphone shipments in Q2 2025 [2] - Motorola has successfully increased its market share through strategic positioning in the U.S. market, offering foldable smartphones starting at $699, making it the lowest-priced option in the region [2] - Samsung is experiencing a decline in market share, dropping from 21% in Q2 2024 to 9% in Q2 2025, largely due to Motorola's rapid rise in the market [2]

Core Viewpoint - The article discusses the anticipated release of Apple's first foldable iPhone, highlighting its potential features and market positioning, while questioning the necessity and functionality of foldable smartphones in general [4][5][24]. Group 1: Product Development and Features - Apple is expected to launch its foldable iPhone by the end of 2024, with a price starting at $2000, aligning with previous leaks from analysts [4][24]. - The foldable iPhone will feature a book-style design, expanding from a 5.5-inch screen to a 7.8-inch screen when opened, which is close to the size of an iPad mini [6][15]. - The device's thickness will range from 9mm to 9.5mm when folded and 4.5mm to 4.8mm when opened, which is comparable to other recent foldable models [7]. - The foldable iPhone will utilize components from competitors, including a foldable OLED screen from Samsung, indicating a reliance on existing technology rather than pioneering new innovations [9]. - Apple is reportedly working on a "no crease" display technology, with two internal prototypes under development [9][10]. Group 2: Market Context and Challenges - The foldable smartphone market is currently small, with only 700 million units shipped in China in 2023, representing just 2% of the total smartphone market [24]. - There is skepticism about the practical applications of foldable smartphones, as the market has yet to see a product that significantly alters consumer perceptions [25][26]. - The article raises concerns about whether the foldable iPhone can justify its high price point and meet consumer expectations, especially given the existing competition and market dynamics [29][30]. Group 3: AI Integration and Future Prospects - The foldable iPhone is being positioned as a "true AI phone," capable of multi-modal and cross-app functionalities, which could redefine user interaction through AI agents [20][21]. - The potential for AI integration suggests that the foldable iPhone could serve as a versatile device, merging the capabilities of a smartphone, tablet, and PC [25]. - The timeline for the foldable iPhone's release indicates that while initial specifications may be finalized in 2024, mass production may not occur until late 2026, highlighting the challenges in bringing this product to market [24][22].

Core Insights - The China Unicom Partner Conference, themed "Walking Together Towards a New Ecosystem," was held in Shanghai, showcasing Huawei's strategic partnership and its comprehensive product offerings in the HarmonyOS ecosystem [1] Group 1: Product Innovations - Huawei's flagship products, including the Mate XT and Pura 80 series, highlighted advanced imaging and foldable screen technologies, with the Mate XT featuring a hyperspectral imaging system and the Pura 80 series introducing a dual-lens architecture for enhanced photography [3] - The Mate X6 foldable phone demonstrated a 12% reduction in thickness compared to its predecessor while passing 200,000 fold tests, showcasing durability and lightweight design [3] - The FreeBuds Pro 4 provided an immersive audio experience, complementing the visual capabilities of Huawei's devices [3] Group 2: Smart Office Solutions - Huawei's MateBook Fold and MateBook Pro laptops attracted attention for their lightweight design and powerful performance, enabling seamless collaboration across devices through the HarmonyOS [4] - The "Super Terminal" feature allows for easy connection to printers and monitors, enhancing productivity in remote work scenarios [4] Group 3: Health and Fitness Technology - The wearable technology section featured products like the WATCH Ultimate and WATCH GT 5 series, which offer advanced health monitoring capabilities, including heart rate and blood oxygen tracking [5][7] - The WATCH 5's eight-channel heart rate sensor can monitor multiple health metrics in real-time, while the WATCH D2 provides non-invasive blood glucose monitoring [7] - The children's smartwatch 5X Pro includes dual-mode positioning and safety features, ensuring children's security and providing educational assistance [7] Group 4: HarmonyOS Ecosystem - The HarmonyOS ecosystem emphasizes a "people-centered" service model, enabling seamless connectivity between devices in smart home environments [8][10] - The integration of HarmonyOS allows for intuitive control of smart home devices and enhances the user experience across various applications [10] - Huawei's commitment to innovation and technology is evident in its efforts to create a comprehensive ecosystem that addresses work, life, and health needs [10]

Core Viewpoint - The article emphasizes the importance of accelerating the high-quality development of the technology service industry in China, driven by innovation and market orientation, to support the integration of technological and industrial innovation [1][4][5]. Macro News - In April, China's national economy showed resilience against external shocks and internal challenges, with stable production demand and overall employment [3]. - The housing market in 70 major cities showed mixed results, with Shanghai and Dalian leading in price increases, while other major cities experienced slight declines [3]. - Tax incentives for technology innovation and manufacturing reached 424.1 billion yuan in the first quarter of 2025 [3]. Industry Developments - The Ministry of Industry and Information Technology and other departments issued an implementation opinion to promote comprehensive development in technology services, focusing on R&D, technology transfer, and other key areas [4][5]. - The railway sector reported a 3.6% year-on-year increase in cargo shipments, supporting domestic and international economic stability [5]. Market Highlights - H&H International Investment's total holdings decreased to approximately 12 billion USD by the end of Q1 2025 [7]. - Shanghai Rural Commercial Bank appointed a new deputy party secretary, indicating leadership changes within the banking sector [7]. - The market regulatory authority announced the first batch of institutions qualified for testing excessive packaging, highlighting a focus on sustainable practices [8]. Company News - The first personal computer using the Harmony operating system was launched, marking a significant breakthrough for domestic operating systems [12]. - Xiaomi announced a strategic product launch event, introducing new devices including a flagship smartphone and an SUV [12]. - CATL's stock saw a significant increase in the Hong Kong market ahead of its listing [8]. - ByteDance's AI earphone product received an upgrade, enhancing its functionality for English language learning [17][18].