回顾iPhone主摄的像素演进历程，苹果始终秉持稳健升级策略。2007年初代iPhone仅配备200万像素后置摄像头，2011年的iPhone 4S将像素提升至800万并 沿用至2015年。2015年发布的iPhone 6s系列首次迈入1200万像素时代，这一规格成为后续七年iPhone的主摄标配，期间苹果更侧重计算摄影、光学防抖等 技术优化。 2022年，iPhone 14 Pro系列率先搭载4800万像素主摄，随后iPhone 15系列全系普及该配置，成为至今仍在沿用的核心规格。 与苹果的稳健不同，安卓阵营早已完成2亿像素的普及布局。以2025年旗舰机型为例，小米15 Ultra除了5000万像素索尼主摄外，还配备2亿像素超长焦镜 头，支持8焦段无损变焦与120倍数码变焦。华为近年发布的旗舰机型也均将2亿像素纳入影像系统，通过多焦段高像素组合满足专业拍摄需求。安卓阵营 的技术迭代，也成为推动苹果加快高像素布局的重要外部因素。 在2028年2亿像素机型落地前，苹果还将分阶段推进影像技术升级：2026年iPhone 18 Pro系列或搭载f/1.4-f/2.8可变光圈主摄，2027年恰逢初代iPhone发布2 ...

转自：天天 IC 加入"中国IC独角兽联盟"，请点击进入 是说芯语转载，欢迎关注分享 与目前的3nm芯片相比，台积电的2nm工艺在相同功耗下可实现高达15%的性能提升，或在相同 性能下降低25%至30%的功耗。该工艺还实现了约15%的晶体管密度提升，从而可以在相同的 物理空间内集成更多功能。 苹果首款2nm芯片很可能将应用于iPhone 18 Pro系列和首款可折叠iPhone，预计这些产品将于 2026年底发布。除了iPhone之外，苹果未来Mac电脑的M6系列芯片也可能采用台积电的2nm工 艺，尽管目前尚未有任何确切消息证实这一点。 三星正式发布了Exynos 2600，这是全球首款采用2nm制程工艺的移动系统芯片（SoC），基于 三星的Gate-All-Around（GAA）工艺制造。 这款10核ARM架构芯片旨在为即将推出的Galaxy S26系列等旗舰设备带来更佳的性能和能效。 这款芯片采用Arm最新内核，并支持全新指令集，可显著提升CPU速度和设备端AI性能。 三星声 称，CPU性能提升高达39%，NPU性能提升高达113%，从而能够处理更大规模、更高效的AI工 作负载。 其GPU基于最新的Xcl ...

12月14日消息，外媒在此前的报道中已多次提到，传闻 多年的苹果首款可折叠iPhone，将在明年秋季同iPhone 18 Pro系列一道推出，苹果届时就将正式进入这一市 场，与推出了多代可折叠智能手机的华为、三星电子等 厂商竞争。 值得一提的是，由于iPhone17新机的上市，导致 iPhone16价格持续走低。据权威科技媒体报道， iPhone16在拍易得【www.paiyide.net】最新一期的活动 中成交价仅239元，创下了该机上市以来的价格新低，浏 览器访问拍易得官网www.paiyide.net可获得最新详情！ 对于传闻多年的苹果首款可折叠iPhone，今年下半年的 消息明显增多，相继出现了售价、屏幕尺寸、生产时间 等方面的消息，也有摄像头、铰链等零部件方面的消息涌现。 而在最新的报道中，又有外媒提到，有爆料人士透露苹果的这一新品，将会配备较当前iPhone容量更大 的电池。 苹果iPhone16(行货） [电商平台] 拍易得 [活动网址] www.paiyide.net/ 12月14日消息，外媒在此前的报道中已多次提到，传闻多年的苹果首款可折叠iPhone，将在明年秋季同 iPhone 18 P ...

而在最新的报道中，又有外媒提到，有爆料人士透露苹果的这一新品，将会配备较当前iPhone容量更大 的电池。 12月9日消息，外媒在此前的报道中已多次提到，传闻多 年的苹果首款可折叠iPhone，将在明年秋季同iPhone 18 Pro系列一道推出，苹果届时就将正式进入这一市场，与 推出了多代可折叠智能手机的华为、三星电子等厂商竞 争。 值得一提的是，由于iPhone17新机的上市，导致 iPhone16价格持续走低。据权威科技媒体报道， iPhone16在拍易得【www.paiyide.net】最新一期的活动 中成交价仅239元，创下了该机上市以来的价格新低，浏 览器访问拍易得官网www.paiyide.net可获得最新详情！ 对于传闻多年的苹果首款可折叠iPhone，今年下半年的 消息明显增多，相继出现了售价、屏幕尺寸、生产时间 苹果iPhone16(行货） [参考价格] 5288元 [成交价格] 239元 [电商平台] 拍易得 [活动网址] www.paiyide.net/ 等方面的消息，也有摄像头、铰链等零部件方面的消息涌现。 对于传闻多年的苹果首款可折叠iPhone，今年下半年的消息明显增多，相继出现 ...

Core Insights - Apple has decided to postpone the release of its next-generation iPhone Air model due to underwhelming market performance, marking a significant shift in its product line strategy [1][3] - The iPhone Air 2 development project has been removed from the 2026 fall release schedule, with no new timeline provided [3] - The current iPhone Air's poor sales performance has been a key factor in Apple's decision [3] Group 1 - Apple has informed internal engineers and external suppliers about the removal of the iPhone Air 2 from the development schedule, which was initially planned to launch alongside the iPhone 18 Pro series and iPhone Fold [3] - The design goals for the iPhone Air 2 included reducing weight, increasing battery capacity, and introducing a new heat dissipation system [3] - Supply chain impacts are already evident, with major partner Foxconn dismantling all but one production line for the iPhone Air, expected to cease production by the end of the month [3] Group 2 - Despite the postponement, Apple retains the possibility of reviving the iPhone Air series in the future, potentially redesigning it for a spring 2027 launch alongside the standard iPhone 18 and a more budget-friendly iPhone 18e [4]

Core Insights - Apple is facing challenges in finding new popular iPhone variants, as evidenced by the poor sales of the first-generation iPhone Air, leading to a significant reduction in its production [1][4]. Production and Sales - Apple has drastically cut the production of the first-generation iPhone Air, with Foxconn dismantling all but one production line and planning to cease production by the end of the month [3]. - The iPhone Air has only captured 3% of total iPhone sales in September, compared to 9% for the iPhone 17 Pro and 12% for the iPhone 17 Pro Max [5]. - The iPhone Air's inventory remains high, with ample stock available both online and offline, contrasting sharply with other models [3]. Product Development and Future Plans - Apple has postponed the release of the second-generation iPhone Air, originally planned for fall 2024, without providing a new release date [6]. - The new iPhone Air was expected to be lighter and have improved battery capacity, utilizing advanced cooling technology from the iPhone 17 Pro [6]. - Despite the postponement, the development of the second-generation iPhone Air, internally codenamed V62, is still ongoing, with a potential release in spring 2027 alongside the standard iPhone 18 and the budget-friendly 18e [6].

Group 1 - Bubble Mart confirmed a live streaming incident occurred and is under investigation, but no employees involved will be dismissed [2] - The company reported a gross margin of 70.3% in the first half of 2025, comparable to Hermes and significantly higher than major competitors like Apple and LVMH [18] Group 2 - WeChat is exploring the possibility of allowing the same account to be logged in on multiple devices, currently in a testing phase [3] - Bilibili announced a change in management with Chen Rui stepping down as general manager, but his core management role remains unchanged [3] Group 3 - Forbes released the 2025 China Rich List, with notable wealth increases among billionaires, including Lei Jun ranking seventh, surpassing Jack Ma [4] - The Chinese government provided 1.1 trillion yuan in subsidies to support pension payments in the first half of the year [4] Group 4 - China Life Insurance has become the largest life insurance company globally, with reserves of $798.07 billion [5] - Xiaomi is set to open end-to-end assisted driving experiences for its vehicles, enhancing user experience [6] Group 5 - Ant Group has restructured its organization, establishing a new health business group to accelerate its healthcare initiatives [8] - The first domestic nuclear drug has been approved for market release, providing new treatment options for advanced prostate cancer patients [11] Group 6 - The Chinese central bank has increased its gold reserves for the 12th consecutive month, reaching approximately 2304.457 tons [12] - Honda is recalling over 400,000 vehicles in the U.S. due to a manufacturing defect that could cause wheels to detach [12]

Group 1 - Bubble Mart confirmed a live streaming incident occurred and is currently under investigation, but will not dismiss the involved employees [2] - WeChat is exploring the possibility of allowing the same account to be logged in on multiple devices, enhancing user experience [2][3] - Bilibili responded to the resignation of Chen Rui as general manager, stating it does not affect his core management role [2] Group 2 - Forbes released the 2025 China Rich List, with the total wealth of listed billionaires increasing from $1.03 trillion to $1.35 trillion, driven by a 15% rise in the CSI 300 index [4] - Zhong Shanshan, founder of Nongfu Spring, topped the list for the fifth consecutive year with a wealth increase of $26.3 billion, reaching $77.1 billion [4] - Lei Jun, founder of Xiaomi, ranked seventh, surpassing Jack Ma [4] Group 3 - The Ministry of Finance reported a subsidy of 1.1 trillion yuan to support pension payments in the first half of 2025, with a 2% increase in basic pension levels [5] - China Life Insurance became the world's largest life insurance company with reserves of $798.07 billion [5] - Xiaomi is set to open select stores for end-to-end assisted driving experiences, covering two models [5] Group 4 - The first domestic nuclear drug was approved for market release, providing new treatment options for advanced prostate cancer patients [10] - The People's Bank of China increased its gold reserves for the 12th consecutive month, reaching approximately 2,304.457 tons [10] Group 5 - Honda announced a recall of over 406,000 vehicles in the U.S. due to a manufacturing defect that could cause wheel hubs to detach [11] - Olympus plans to lay off about 2,000 employees globally, aiming to streamline operations and save approximately 24 billion yen annually [11] Group 6 - Tesla's Full Self-Driving (FSD) technology is expected to receive full approval in China by early 2026, despite being classified as "smart assisted driving" [12][13] - Apple is testing a new HIAA hole-punch design for the iPhone 18 Pro series, indicating potential changes for the 20th anniversary model [14] Group 7 - OpenAI's CEO stated the company does not seek government bailouts for its data centers, emphasizing market-driven outcomes [15] - Morgan Stanley highlighted Apple's significant opportunities in robotics and physical AI, despite its perceived lag in AI software [15] - Tesla's CEO Musk mentioned plans for a large AI chip factory and potential collaboration with Intel [15][16]

Investment Rating - The investment rating for the company is maintained as "Accumulate" [1] Core Views - The company has shown steady growth in performance, benefiting from innovations in AI optical technology [6] - The company is positioned to capitalize on the ongoing innovation cycle in consumer electronics, particularly with the introduction of variable aperture in the iPhone 18 Pro series [6] - The demand for AR glasses is high, with Meta's product selling out quickly, indicating strong market recognition [6] - The company is expected to lead in global AR display solutions by overcoming mass production challenges in reflective waveguide technology [6] Financial Performance Summary - For the first three quarters of 2025, the company achieved revenue of 5.123 billion yuan, a year-on-year increase of 8.78%, and a net profit of 983 million yuan, up 14.13% year-on-year [6] - In Q3 2025, the company reported revenue of 2.103 billion yuan, a year-on-year increase of 2.33% and a quarter-on-quarter increase of 36.71% [6] - The gross margin for Q3 2025 was 35.02%, showing a year-on-year decrease of 1.69 percentage points but an increase of 4.12 percentage points quarter-on-quarter [6] Earnings Forecast - Projected revenues for 2025-2027 are 7.167 billion yuan, 8.544 billion yuan, and 10.227 billion yuan, respectively, with growth rates of 14.2%, 19.2%, and 19.7% [5] - Expected net profits for the same period are 1.246 billion yuan, 1.492 billion yuan, and 1.856 billion yuan, with growth rates of 21.0%, 19.7%, and 24.4% [5] - The earnings per share (EPS) is forecasted to be 0.90 yuan, 1.07 yuan, and 1.33 yuan for 2025, 2026, and 2027, respectively [5] Valuation Metrics - The price-to-earnings (PE) ratio is projected to decrease from 28.4 in 2025 to 19.1 in 2027 [5] - The return on equity (ROE) is expected to improve from 12.7% in 2025 to 15.8% in 2027 [5]

Core Insights - Apple plans to introduce variable aperture lens technology in the iPhone 18 Pro series, set to launch in the fall of 2025, marking a significant technological breakthrough in smartphone imaging [1][3] - The variable aperture will allow for flexible adjustments to real depth of field based on shooting conditions, providing users with a wider variety of photo styles [1][3] Company Developments - Apple has initiated preparations for mass production of related components and lens modules for the iPhone 18 Pro and iPhone 18 Pro Max, with the main camera module being manufactured by LG Innotek and Foxconn [3] - Key components for the variable aperture will be supplied by domestic companies Luxshare Precision and Sunny Optical, showcasing the technological strength of the domestic supply chain in high-end electronic components [3] Industry Trends - In a saturated smartphone market, Apple aims to enhance the photography capabilities of its next-generation models through variable aperture technology, seeking to break the market stalemate with differentiated technological innovation [3] - The current "camera wars" in the smartphone industry are facing technological bottlenecks, and Apple's introduction of variable aperture technology is expected to shift the competition from hardware specifications to functional innovation [3]