Apple(US:AAPL) 智通财经网·2025-05-23 00:54Group 1: Apple and Competitors - Apple plans to release smart glasses by the end of next year to capture the augmented reality device market, while shelving plans for a smart watch with a built-in camera [1] - Apple engineers are accelerating the development of these glasses, aiming for a release by the end of 2026, competing with Meta's popular Ray-Ban smart glasses [1] - Warby Parker announced a partnership with Google to develop all-day wearable AI glasses, with Google committing up to $75 million for product development and commercialization [1] Group 2: Market Trends - According to CINNO Research, the domestic consumer-grade AI/AR glasses market is expected to reach sales of 96,000 units in Q1 2025, representing a 45% year-on-year growth [2] - Screened AR glasses hold an 80% market share, while non-screen AI glasses account for 20%, indicating significant structural differentiation in the market [2] Group 3: Hong Kong Stock Related Companies - TCL Electronics plans to launch a new smart glasses model, X3Pro, in Q2 2025, following the release of its AI photography glasses, Thunder V3 [3] - Sunny Optical Technology has developed a comprehensive XR visual solution covering various technologies, meeting industry demands for features like SLAM and eye-tracking [3] - Conant Optical has signed a product supply framework agreement with a multinational consumer electronics company, establishing an XR R&D and service center to support precision optical business [3] Group 4: Other Companies in the AI Glasses Space - Xiaomi's AI glasses are set to compete directly with Meta's Ray-Ban, featuring AI capabilities, audio modules, and camera modules, with an estimated post-tax cost of approximately 1,281 yuan [4] - Baidu's AI glasses are expected to launch in the first half of 2025, as revealed by the company's vice president [4] - China Mobile introduced a customized AI glasses product at the 2025 Cloud Intelligence Conference, featuring real-time translation services and various business functionalities [4]