Zhao Yin International: Expects the AI glasses craze to benefit the technology supply chain, recommends buying Xiaomi Corporation-W, etc
Zhao Yin International released a research report stating that it continues to be optimistic about the vigorous development of the AI glasses industry. It believes that the strong growth of Ray-Ban Meta glasses, which more than doubled in the first half of the year, the target shipment of 500,000 units for Xiaomi AI glasses, the rich product pipeline of various brands, and the continuously expanding ecosystem with artificial intelligence features and application scenarios will pave the way for growth in the related supply chain in the second half of this year. The report indicates that, according to industry data, the global and Chinese smart glasses markets are expected to achieve year-on-year growth of 43% and 1.21 times, respectively, this year. As more technology companies enter the AI glasses market, cost optimization and the expansion of generative AI application scenarios will continue to drive demand in the coming years, benefiting the technology supply chain. Among them, major technology brands such as Xiaomi Corporation-W have a target price of HKD 65.91; optical component manufacturers like Q TECH have a target price of HKD 13.21; and speaker and microphone component companies like AAC TECH have a target price of HKD 63.54, all rated as "Buy."
According to Zhitong Finance APP, CMB International has released a research report stating that it continues to be optimistic about the vigorous development of the AI glasses industry. It believes that the strong growth of Ray-Ban Meta glasses, which more than doubled in the first half of the year, the target shipment of 500,000 units for Xiaomi AI glasses, the rich product pipeline of various brands, and the continuously expanding ecosystem with artificial intelligence functions and application scenarios will pave the way for the growth of the relevant supply chain in the second half of this year.
The report indicates that, according to industry data, the global and Chinese smart glasses markets are expected to achieve year-on-year growth of 43% and 1.21 times, respectively, this year. As more technology companies enter the AI glasses market, cost optimization and the expansion of generative AI application scenarios will continue to drive demand in the coming years, benefiting the technology supply chain. Among them, major technology brands such as Xiaomi Corporation-W (01810) have a target price of HKD 65.91; optical component manufacturers such as Q TECH (01478) have a target price of HKD 13.21; and speaker and microphone component companies like AAC TECH (02018) have a target price of HKD 63.54, all rated as "Buy."
