According to the Financial Intelligence APP, the smart phone industry chain rose in early trading. As of the time of publication, q tech (01478) increased by 5.66%, closing at 5.23 Hong Kong dollars; cowell (02382) increased by 4.61%, closing at 57.9 Hong Kong dollars; BYD Electronics (00285) increased by 4.04%, closing at 29.6 Hong Kong dollars; high Wei Electronics (01415) increased by 2.25%, closing at 25 Hong Kong dollars.

On the news front, Huawei officially announced on its official WeChat account that the Huawei Mate70 series will debut at the Mate brand event on November 26th at 14:30. Yesterday, the Huawei Mate70 series officially started pre-orders, with the number of reservations surpassing one million in just over an hour. Tianfeng Securities stated that they are bullish on strong product innovation driving the fourth quarter smart phone market and related supply chain.

Huafu Securities stated that consumer electronics are in the innovation cycle driven by AI and the turning point of continuous catalysis of giant new products. In addition, the issue of increased tariffs by Trump after taking office has a controllable impact on the Apple chain. Previously, during Trump's administration, products such as the iPhone, iPad, and Apple Watch from apple received tariff exemptions. Moreover, in the global consumer electronics manufacturing industry, domestic manufacturers have a very clear advantage. Domestic manufacturers have already positioned capacity in overseas regions such as Vietnam and Thailand, even if tariffs are implemented, the actual impact on the companies' operations is limited.