消息面上，据多家媒体报道，Apple, Meta and other companies have successively laid out AI glasses products, and the concept stocks have exploded. Dr. Glasses has a three-day consecutive trading limit with an increase of 109.65% this week. Yes Optoelectronics has 30-day consecutive trading limits, and Zowee Technology and Yingtong Telecommunication have 2-day consecutive trading limits. Skyworth Digital and New Guomai Digital Culture are trading limit-up. According to incomplete statistics, as of the writing of this article, 15 listed companies have replied to AI glasses-related business situations on the interactive platform this month (see table).
On August 15, Cailian Press (editor Ping Fang) reported that Apple, Meta and other large factories have successively laid out AI glasses products, and A-share related concept stocks have continued to explode. Dr. Glasses, which is committed to the last mile fitting service for smart glasses, has a three-day consecutive trading limit, and its share price has increased by 109.65% this week. Yes Optoelectronics, whose products have been applied to smart glasses, closed with 30-day consecutive trading limits. Zowee Technology, which has developed AR smart glasses for customers, and Yingtong Telecommunication, which has developed intelligent glasses and other products, had two-day consecutive trading limits. In addition, Skyworth Digital, with lightweight interactive AR glasses featuring AI capabilities, and New Guomai Digital Culture, which has launched 5G AR glasses, closed the trading limit.
According to incomplete statistics by Cailian Press, as of the writing of this article, 15 listed companies, including Pinming Technology, Zhili Fang, Greentech Precision, Ciwen Media, Union Optech, Create Century, Baoming Technology, TXD Technology, Wanxiang Technology, Yidao Information, Doctor Glasses, Bawei Storage, Universal Scientific Industrial (Shanghai), and Cosonic Intelligent Technologies, have replied to the layout of AI glasses-related businesses on the interactive platform this month. The specific situation is shown in the table below.
In terms of news, according to reports from multiple media, the Apple team is continuing to test and develop various intelligent glasses products, including the affordable version Vision Pro expected to be launched next year. According to publicly available information, giants such as Apple and Meta are all laying out smart glasses products. Among them, Meta is expected to release real AR glasses at the "Connect Conference" in September.
Sinolink Securities analysts Fan Zhiyuan and Liu Yanxue pointed out in a research report on July 16 that according to IDC, the global sales volume of AR glasses in 2023 will be 0.48 million units, and the sales volume of intelligent glasses will be 1.01 million units. In the first quarter of 2024, the global shipments of AR glasses will be 0.1 million units, a year-on-year increase of 56%, and the shipments of smart glasses will be 0.26 million units, a year-on-year increase of 217%. According to Statista, the global shipment volume of glasses (excluding contact lenses) will reach 1 billion pairs in 2023. With the help of AI, the industry is expected to break through tens of millions of sales in the future.
In terms of competition, the pattern of AR and smart glasses has changed a lot in recent years with the iteration of new products. In 2021 and 2023, Meta has a relatively high share mainly due to the release of the joint Ray-Ban Stories and Meta Ray-Ban glasses. Huawei has a relatively high share in 2022 mainly due to the release of Huawei Eyewear.
Sinolink Securities analysts Fan Zhiyuan and others suggested paying attention to XR contract manufacturers such as Goertek, Luxshare Precision, Huaxun Technology, Longqi Technology, Tianjian Technology, Cosonic Intelligent Technologies, Yidao Information, optical companies such as Crystal-Optech, Sunny Optical, Will Semiconductor, AAC Technologies, Lante Optics, Meidike, Tengjing Technology, SOC companies such as Qualcomm, Bestechnic (Shanghai), and Jingxin Technology, battery companies such as Desay Battery, Sunwoda Electronic, and Zhuhai Guanyu, structural component companies such as Shenzhen Everwin Precision Technology and Tonglian Precision, eyewear retail brands such as Doctor Glasses, and eyewear manufacturers such as Mingyue Lens and Conant Optical.
On July 25th, 2023, Zheng Hongda, an analyst from West Securities, pointed out in a research report that Ray-Ban Meta, an intelligent glasses product, will be released in September 2023, with sales exceeding one million under the empowerment of AI big models. Ray-Ban Meta AI smart glasses is expected to become a breakthrough in the field of smart glasses, and AR smart glasses with end-side AI empowerment is expected to become the next generation of terminal products comparable to mobile phones. With the iterative and mature mainstream technology solutions, AR glasses are expected to enter the fast lane of growth, and related companies in the industry chain have a bright future. Investment recommendations: 1. OEM: recommend Tianjian shares; suggest paying attention to Goertek Inc., Huacan Technology, Luxshare Precision Industry, Longqi Technology, Cosonic Intelligent Technologies, and Eved Energy; 2. Optical: suggest paying attention to Zhejiang Crystal-Optech, Sunny Optical Technology, Zhejiang Lante Optics, HC Semitek Corporation, Sanan Optoelectronics, Will Semiconductor, Midea-KSTAR, and Tengjing Technology; 3. SoC: recommend Bestechnic (Shanghai) Co., Ltd.; suggest paying attention to Qualcomm, MediaTek, Ingenic Semiconductor, and Rockchip Electronics; 4. Other: recommend EVE Energy Co., Ltd., Sunwoda Electronic, and Zhuhai GanYu; suggest paying attention to Purple Electronics, Shenzhen Desay Battery Technology, and AAC Tech.
