GTJA's Research Reports indicate that mobile phones and other Consumer Electronics benefit from the expansion of "two new" subsidies and new technologies and products introduced at CES 2025. The National Development and Reform Commission proposed subsidies for personal consumers purchasing three types of digital products: mobile phones, tablets, and smartwatches. Jiangsu and other regions have included mobile phones and other Consumer Electronics in the scope of trade-in subsidies. CES 2025, as a trend indicator for Consumer Electronics, is expected to lead a new round of technological and product innovations. Based on the exhibiting companies and new product previews at this year's event, AI smart terminals remain a key focus. Recommendations: 1. 3C product manufacturers and supply chain companies benefiting from increased consumer subsidies and new product launches; 2. AI glasses and other smart wearable products benefiting from the upgrading of Consumer Electronics enabled by AI.