在越南建厂，立讯精密找到一条新生命线

Core Viewpoint - The recent trade agreement between the US and Vietnam has relieved major players in the supply chain, particularly benefiting companies like Luxshare Precision, which had previously faced high tariffs on goods produced in Vietnam [1][3]. Trade Agreement Impact - The US has announced a new trade agreement with Vietnam, reducing tariffs on goods produced directly in Vietnam from 46% to 20%, while maintaining a 40% tariff on goods exported from Vietnam [1]. - This reduction is seen as a strategic move to encourage concessions from Vietnam while allowing US companies operating in Vietnam to maintain profit margins [1]. Company Performance - Following the announcement of the trade agreement, Luxshare Precision's stock price increased by 5.45%, closing at 35.77 yuan per share [2]. - Luxshare's revenue from overseas sales is significant, with projections of 206.76 billion yuan and 235.47 billion yuan for 2023 and 2024, respectively, accounting for 89.16% and 87.6% of total revenue [1][2]. Business Expansion and Strategy - Luxshare Precision is planning to issue shares and list on the Hong Kong Stock Exchange, indicating a move towards global expansion and enhanced financing capabilities [3][7]. - The company is focusing on new business areas, particularly in automotive and AI communication sectors, including AI glasses, which are expected to be a significant product line [8][15]. Market Potential - The AI glasses market is projected to grow significantly, with estimates suggesting that by 2035, global sales could reach 1.4 billion units, comparable to smartphone sales [15]. - Luxshare aims to replicate its success in the Apple supply chain within the AI glasses market, leveraging its existing technological and manufacturing capabilities [15][21]. Competitive Landscape - Luxshare is not alone in the AI glasses market; competitors like GoerTek and Lens Technology are also making strides in this area, with each company focusing on different aspects of the product [19][20]. - The competition is expected to be fierce, with each company leveraging its strengths in technology and market relationships to capture market share [21].