Zhitong Financial APP learned that the research report released by the electronic analyst team of Tianfeng Securities pointed out thatAccording to incomplete statistics, the XR products released by 22 companies around the world in the past half a year are expected to accelerate the development of the XR industry along with the release of Apple Inc MR and Meta Quest 3 in 2022.XR's latest products include iQIYI, Inc. & play Dream VR all-in-one, Riowell AR headset computer, OPPO split VR, NIO Inc. & NOLO and NIO Inc. & Nreal split AR and so on. We can see that XR products blossom rapidly, laying the groundwork for the equipment foundation of "meta-universe". In 2022, Apple Inc MR and Meta Oculus Quest 3 are expected to enter the venue and is expected to drive the XR industry to develop by leaps and bounds.In terms of investment adviceThe highly immersive interaction mode represented by XR will most likely become the entrance to the meta-universe virtual world. From functional phones to smartphones, and from smartphones to VR, they all rely on the iteration of core devices. Tianfeng is optimistic that high-quality electronics companies promote the connection between the real world and the virtual world, and drive the reconstruction of the content form.The whole machine assembly manufacturer recommends Lixun Precision, Gale Co., Ltd.Hong Kong stocks recommend Sunny Optical Technology,$AAC Technologies Holdings Inc. (02018.HK) $(recommended concern),$Gao Wei Electronics (01415.HK) $(suggested attention) and so on.

Other A-share related targets: Leiyi Zhizhao, Pengding Holdings, Jingfang A, Oufeiguang, Ruixin Micro, Quanzhi Technology, Guoguang Electric, etc.; suggested attention: Zhishang Technology (to be listed), Lante Optics, Lance Technology, Zhaowei Mechatronics, Weir shares, Liangchuang Electronics, Changying Precision, etc.

Related targets for Taiwan stocks: Taiwan Semiconductor Manufacturing Co Ltd, Meilu, Hon Hai, Yu Jingguang, Jialing, GIS-KY, etc.

Japanese stocks related to the target: Nidec, Sony Group Corp, etc.

The giant actively lays out and stores the core technology of virtual display, and the user experience continues to upgrade.

The giants actively lay out and reserve the core technology of virtual display. From the recent patent layout of the head manufacturer in the XR (AR/VR/MR) plate, including Meta, Apple Inc, Microsoft Corp, Magic Leap, etc., the core layout includes near-eye display (micro display, optical waveguide, etc.), rendering computing (AI, attention point optics, etc.), perceptual interaction (eye movement tracking, environment understanding), etc., helping virtual display technology to become increasingly mature and continuously upgrade the user experience.

The continuous enrichment of content ecology leads to the continuous increase of XR demand, and the meta-universe shows its embryonic form.

At present, the game is the first application scene of meta-universe. At present, the ecology of game content continues to be rich, and the application scene of meta-universe gradually extends outward based on game social interaction.Meta-universe is a virtual space that can reflect the real world and is independent of the real world. It is a 3D representation of the Internet and a virtual world of immersive experience. The number of VR games continues to increase in 2021, with more than 500 new VR exclusive games released throughout the year. With the emergence of superimposed popular style games, more than 1 million copies of more than 1 million games sold in 2021 led to VR sales & the continuous increase in the length of time users play. The average monthly peak player size of Steam VR games is gradually increasing, reaching 18000 by the end of 2021.

Technology iteration and rich ecology have led to the high growth of XR shipments, which has reached the singularity of 10 million shipments.

Quest2 sales have exceeded tens of millions of nodes, and the singularity has come.Mark Zuckerberg, chief executive of Meta, sees 10 million users as a key threshold before "the ecosystem will grow by leaps and bounds". At the same time, the sales volume of Oculus surpassed that of traditional host Xbox for the first time in 2021, and it is expected to become a new generation of immersive entertainment products. Oculus app downloads hit a new high in 2021, beating the number of popular social app downloads, and is expected to become a new generation of immersive social products. From the point of view of the overall market, China's VR has shipped 1.43 million units in China in 2021, and it is expected that CAGR69.4%,AR CAGR109.9%% will enter a period of accelerated growth in 2021-2025.

Global technology giants accelerate their layout, and new XR products emerge rapidly, laying the groundwork for "meta-universe" equipment.

PSVR 2 is officially released, supporting 4K 120Hz HDR display + 110° FOV+ inward and outward positioning + eye movement tracking.High-fidelity visual effects, new sensory features and enhanced tracking features can bring players a better VR immersive experience. PSVR 2 is superior to Quest2 in monocular resolution and visual field.

This article comes from the research report released by Tianfeng Securities, written by the analyst Pan Ying team; Zhitong Financial Editor: Wen Wen.