Core Insights - Chengdu's Smart Glasses Industry Ecological Development Conference highlighted the launch of a new generation of AI smart glasses by Sichuan Yingmu Technology Co., Ltd, one of the "AR Four Little Dragons" [1] - The company plans to collaborate with brands like LOHO and Asia Glasses to establish over 2000 experience stores, aiming to enhance user experience and accessibility [1] - Yingmu Technology's CEO emphasized the goal of integrating AI into daily life, positioning the new product as a gateway to future lifestyles [1] Industry Trends - The Chinese smart glasses market is experiencing rapid growth, with projections indicating that user spending on applications within smart glasses will exceed 2 billion yuan by 2029 [1] - Despite growth, the industry faces challenges such as limited content sources, slow application updates, and subpar user experience [1][2] - The AI glasses are seen as the next generation of "human-centered" service interfaces, highlighting the need for stronger software and hardware infrastructure [2] Company Developments - Yingmu Technology announced the creation of an open AI+AR industry ecosystem platform called Yingmu World, in collaboration with Ant Group and Tencent [2] - The company aims to transition smart glasses from functional devices to fashionable lifestyle products through partnerships and an open approach [2] - Yingmu Technology is recognized as one of the earliest manufacturers to achieve mass production of wireless consumer-grade AR glasses, holding over 85% market share alongside three other companies [3] Financial Milestones - In July 2024, Yingmu Technology completed a B+ round financing exceeding 150 million yuan, with investments from multiple firms [4] - The company relocated its headquarters from Shenzhen to Chengdu as part of its growth strategy, aiming to build a comprehensive metaverse ecosystem in collaboration with internet companies [3]
影目科技宣布进军线下， 联合腾讯、蚂蚁集团等打造产业生态