The Shandong Province has recently unveiled a policy, emphatically incorporating digital homes into the blueprint for "quality housing". Newly constructed, fully furnished dwellings must now incorporate intelligent systems for electrical, fire, gas, and water safety, as well as environmental health monitoring. Additionally, the deployment of fiber-optic and mobile communication infrastructure is mandatory during construction. The policy further incentivizes the smart transformation of existing homes and offers subsidies to individual consumers purchasing smart home products, aiming to bolster Shandong's position as a national pilot region for digital homes.
During the fiscal third quarter of 2025, Apple Inc. exhibited robust performance in the Chinese market, with revenue in Greater China surging to $15.37 billion, marking a 4.35% increase year-on-year. According to Tim Cook, the resurgence in iPhone sales is largely attributed to the national subsidy policy, pushing the number of iPhone users in China to an all-time high. Furthermore, the iPhone has secured the top three positions on China's best-selling smartphones list, with other products like MacBook, iPad, and Apple Watch also enjoying significant popularity.
Apple's Chief Financial Officer emphasized that the iPhone excelled in multiple markets, including the United States, Mainland China, the United Kingdom, Australia, and Japan, achieving double-digit growth in some regions.
Apple CEO Tim Cook has proudly announced that the developer betas of iOS 26, iPadOS 26, and macOS 26 have garnered unprecedented popularity, establishing a new milestone in Apple's illustrious history. During the Worldwide Developers Conference in June 2025, Apple unveiled iOS 26, and its public beta version is now accessible to all. Nonetheless, Cook refrained from revealing the exact number of iOS 26 installations or offering any comments regarding the public beta.
Service consumption continues to thrive, with domestic trendy products and AI-driven household consumption emerging as prominent new trends. The National Development and Reform Commission (NDRC) aims to bolster consumption capacity, nurture fresh growth avenues, refine the consumption environment, and foster a virtuous cycle between consumption and investment. This will be achieved through a range of measures, including stabilizing employment and upgrading consumption infrastructure.
Apple Inc. has unveiled its financial report, revealing that, fueled by a resurgence in demand for products like the iPhone in the Chinese market, coupled with governmental subsidies, the company's revenue for the third fiscal quarter soared to $94.036 billion. This represents a 10% year-over-year increase, marking the fastest quarterly growth rate in over three years and surpassing Wall Street projections by a significant margin. Cook emphasized that the number of iPhone users in China has attained an all-time high. The financial report further indicates that iPhone revenue witnessed a 13% year-over-year jump, while revenue in Greater China rose by 4.4% year-over-year.
Samsung stands as both a pioneer and a leader in the realm of foldable phones, with its Z Fold and Z Flip series consistently pushing the boundaries of innovation. According to recent reports, the company is set to introduce a tri-fold phone featuring an even more flexible design and cutting-edge technology. Since the unveiling of its prototype, users have eagerly awaited the official release of this groundbreaking device. Furthermore, Samsung's venture into the XR (Extended Reality) market has garnered significant anticipation within the tech community.
Prior to the earnings call, Apple CEO Tim Cook disclosed that users had purchased more iPhones and other devices than anticipated, driven by concerns over potential price hikes due to tariffs. During the earnings call in May 2025, Cook noted that the "reciprocal" tariffs during the Trump administration had triggered a brief period of panic buying for iPhones. Nevertheless, Apple's first-quarter results subsequent to the tariffs' implementation indicated a shift in this trend.
Apple has unveiled its fiscal Q3 2025 earnings report, revealing a remarkable surge in iPhone sales, with revenues soaring to $44.58 billion—a 13% jump from the $39.296 billion recorded in the corresponding period last year. In an interview with CNBC, Apple CEO Tim Cook emphasized that the iPhone 16 has garnered greater consumer appeal compared to the iPhone 15 during the same period last year, fueling this revenue growth. The company's total revenue stood at $94.04 billion, marking a 9.6% increase year-over-year, with net profit also rising 9% to $23.43 billion. Furthermore, revenues in Greater China witnessed a 4.4% year-over-year increase, bringing an end to the downward trend observed over the previous two quarters.
Apple's financial performance for the third fiscal quarter has demonstrated robust growth, with revenues reaching $94.04 billion, a 9.6% increase compared to the same period last year. The company's net profit surged to $23.43 billion, reflecting a 9% year-on-year jump. Notably, iPhone sales contributed significantly to this growth, generating revenues of $44.58 billion, up 13% from the previous year. Service revenues also witnessed a healthy increase of 13%, totaling $27.42 billion. In Greater China, Apple's revenue amounted to $15.37 billion, marking a 4.4% year-over-year improvement. Furthermore, the company boasts a cash and equivalents balance of $133 billion and has announced a cash dividend of $0.26 per share.
August 1, news — Apple's latest financial report highlights that despite the looming specter of Trump's trade war, the company's quarterly revenue significantly surpassed expectations. During the third fiscal quarter, Apple's revenue surged approximately 10% year-over-year to reach $94 billion, surpassing the market consensus of $89.3 billion. iPhone sales witnessed a robust 13.5% year-over-year growth, amounting to $44.6 billion.
Despite the erosion of about $700 billion in market value due to Trump's trade policies, Apple's Chief Financial Officer, Kevan Parekh, emphasized that the iPhone, Mac, and services sectors served as the primary growth engines for this quarter. Furthermore, the company's quarterly gross margin stood at 46.5%, exceeding the anticipated 46%. Revenue in Greater China registered a 4% year-over-year increase, amounting to $15.4 billion, marking a reversal of the previous downward trend.
Parekh noted that a portion of the annual growth, roughly one percentage point, was attributed to customers placing orders in advance to mitigate the impact of potential US tariffs.
On July 31st, iQOO product manager @Galant V addressed the naming of the company's latest flagship phone as iQOO 15, clarifying that the decision was not merely a numerical leap over the number 14. Instead, it signifies that the iQOO 15 surpasses the industry by more than one generation in terms of gaming performance, screen display quality, and independent display chip technology. The upcoming device will feature a state-of-the-art 2K resolution OLED screen, a periscope telephoto lens, ultrasonic fingerprint recognition, and will be among the pioneers to integrate the Snapdragon 8 Elite 2 chip.
DJI has officially launched its groundbreaking first panoramic camera, the Osmo 360, priced at 2999 yuan. This camera boasts a unique square high-dynamic image sensor, tailor-made for panoramic photography. It offers a 1-inch panoramic image field, enhancing sensor utilization by an impressive 25%. With its capability for native 8K panoramic video recording at up to 50 frames per second, featuring 2.4μm large pixels, the Osmo 360 delivers a stunning high dynamic range of 13.5 stops, ensuring exceptional performance in both low-light and high-contrast environments. Furthermore, it captures breathtaking 16K panoramic photos with an astonishing 120 million pixels.
Alibaba's subsidiary, Amap, unveiled on July 30th the official rollout of its ride-hailing services across 24 European and Asian countries, encompassing renowned tourist hubs like Paris, London, Munich, and Amsterdam. This strategic move is underpinned by a collaboration with Bolt, a leading ride-hailing platform, enabling Amap to deploy its well-established travel service model to cater to users' ride-hailing requirements in these nations. Chinese mainland, Hong Kong, and Macau users can now seamlessly access the ride-hailing feature in participating overseas cities, without the need to switch SIM cards or download additional applications.
A harrowing incident recently unfolded in a family home in Luzhou, Sichuan, when a child's smartwatch spontaneously combusted indoors. According to the parent, Mr. Han, the watch was purchased from an official flagship store in January 2024 and was typically kept on the bedside table. Fortunately, on this occasion, it was resting on a stone table, which likely mitigated the severity of the incident. Surveillance footage captured the alarming moment when the watch, while in a static position, suddenly sparked and began emitting dense smoke.
Mr. Han voiced his deep concern, stating that had the watch been worn on his child's wrist, the potential consequences would have been unthinkable.
During the first half of 2025, OnePlus mobile phone sales across all distribution channels witnessed a remarkable 31% year-over-year increase, placing the brand at the forefront of growth among its peers. OnePlus has intensified its investment in performance enhancement and gaming, unveiling several proprietary technologies and fostering deeper collaborations within the gaming industry chain and gamer ecosystem. Furthermore, OnePlus's innovative chip-level gaming technology, dubbed "Fengchi Gaming Core," will make its debut on upcoming products in the second half of the year.
In a prompt response to the urgent need for communication support during flood prevention and disaster relief operations in Beijing, Hebei, Inner Mongolia, and other affected regions, the Ministry of Industry and Information Technology has swiftly dispatched emergency communication teams and essential materials. Currently, a total of 7,265 repair personnel, 2,455 emergency vehicles, 4,524 diesel generators, 14 drones, and 335 satellite phones have been deployed to fully support the communication repair and assistance work in the disaster-stricken areas. Additionally, over 949 million warning messages have been successfully sent out to ensure timely communication and information dissemination.
Liu Baoyou, General Manager of OnePlus China, announced today that OnePlus achieved a remarkable 31% year-on-year growth in mobile phone sales across all channels during the first half of 2025, ranking first in terms of sales growth among mobile phone brands. The company continues to intensify its investment in performance and gaming, introducing several industry-pioneering self-developed technologies and fostering deeper collaborations with upstream and downstream partners within the gaming industry chain to bolster the gaming ecosystem. Additionally, OnePlus's proprietary chip-level gaming technology, the "Fengchi Gaming Kernel," is poised for a significant upgrade and will debut in new products scheduled for release in the second half of the year.
DJI is set to unveil its panoramic camera, the "Osmo 360," at 8 PM on July 31st, accompanied by an exclusive flash sale on JD.com. The eagerly anticipated product is already available for pre-order on JD.com, boasting an impressive tally of over 50,000 pre-orders. The Osmo 360, equipped with a state-of-the-art 1-inch CMOS sensor, supports 8K panoramic video recording, solidifying its position as a premium tool for professional content creators.
iQOO made an official announcement on July 31 that the eagerly anticipated iQOO Z10 Turbo+ will debut at 19:00 on August 7. This groundbreaking device boasts an impressive 8000mAh ultra-slim Blue Sea battery, coupled with the Dimensity 9400+ flagship chip, promising to cater to users' demands for both extended battery life and high performance, all while maintaining a sleek and portable design. Reservations for the iQOO Z10 Turbo+ are now open across all platforms.
Huawei has released the HarmonyOS 5.1.0.212 SP2 system update for Pura80 series users, packaged at 2.45GB. This update introduces several standout features, such as the novel "Dancing Star" theme character. The Gallery app has been enriched with Magic Shift and Best Expression capabilities, while the camera's video recording experience has been optimized. The Messaging app now boasts unread message marking and sliding multi-selection, enhancing user convenience. The Contacts app introduces a QR code scanning feature for swift contact addition. Audio enthusiasts will appreciate the improved experience with external audio devices. Additionally, the system-level enhancements include a refined live window display, bolstered system stability, and faster touch response, all contributing to a smoother gaming experience.