Meta Platforms(US:META) Zhi Tong Cai Jing·2025-08-28 00:54Group 1: Meta's Developments - Meta Connect conference is scheduled for September 17-18, where Meta is expected to unveil new smart glasses including Celeste and third-generation Ray-Ban-Meta glasses, as well as a new "metaverse software" [1] - Analyst Ming-Chi Kuo predicts that Meta's upcoming AI glasses, Hypernova, will begin mass production in Q3 2025, with an estimated shipment of 150,000 to 200,000 units over two years [1] - The integration of AI with AR applications is still in its early stages, and the high price of approximately $800 for Hypernova may lead to conservative shipment forecasts from Meta [1] Group 2: Industry Growth and Competitors - CMB International expresses optimism about the AI glasses industry, noting significant growth in Ray-Ban Meta glasses and Xiaomi's target of 500,000 units for its AI glasses, alongside a rich product pipeline from various brands [2] - Companies like Xiaomi, Rokid, and others have launched AI/AR glasses, while major international firms such as Google, Samsung, Apple, and Amazon are also clarifying their plans for AI/AR glasses [1][2] Group 3: Hong Kong Stock Market and Key Players - Conant Optical (02276) is expected to benefit from the AI glasses industry upgrade, with a focus on high-performance integrated solutions [3] - Lens Technology (300433) is reportedly the exclusive supplier of three core components for the next-generation Ray-Ban AI glasses, which will feature AR display capabilities [3] - TCL Electronics (01070) plans to release its AI shooting glasses, Thunder V3, priced at 1,799 yuan in January 2025 [3] Group 4: Technological Innovations - Sunny Optical Technology (02382) has developed a comprehensive XR visual solution for AI glasses, focusing on scene interaction and image processing [4] - Xiaomi has launched its AI glasses, positioning them as a next-generation personal smart device with features like first-person perspective shooting and video calls [4] - Baidu has introduced the "first native AI glasses with a Chinese large model" at the 2024 Baidu World Conference [4][5] - Alibaba announced its self-developed AI glasses, Quark Glasses, at the 2025 World Artificial Intelligence Conference, emphasizing their role as an all-weather assistant [5]