Zhi Tong Cai Jing·2025-08-28 03:15Group 1 - ZTE Corporation (000063)(00763) saw its stock price rise over 8% in early trading, currently up 5.45% at HKD 37.12, with a trading volume of HKD 1.292 billion [1] - ZTE is set to release its semi-annual report for 2025 on August 28 [1] - There are market rumors that ByteDance is developing an AI phone called "Doubao Phone," which ByteDance has denied, stating there are no plans to launch its own phone products [1] Group 2 - Huachuang Securities indicated that ByteDance is indeed developing an AI phone, with ZTE potentially acting as an ODM manufacturer [1] - ZTE has accumulated substantial technical expertise in hardware design, research, and production, which positions it well for this potential collaboration [1] - The application of AI technologies, such as Doubao's large model, in mobile phones could significantly expand the boundaries of AI model applications, creating new opportunities for ZTE and its partners [1]