千亿赛道爆发前夜，智能眼镜供应链暗藏机遇

Core Insights - The launch of Quark smart glasses has sparked a wave of excitement reminiscent of the early iPhone days, indicating a significant market potential for smart AR glasses, which are expected to become a core hardware in daily life [1][7] - During the 2025 Double Eleven shopping festival, Tmall's AI glasses sales surged by 2500%, while JD's similar category saw a growth rate of 346%, highlighting the rapid adoption of this technology [1][7] Group 1: Product Development and Market Positioning - Quark S1 smart glasses have successfully addressed the challenges of "computing power, battery life, and weight," achieving a weight of only 51 grams and a design that resembles regular glasses [3][9] - The glasses incorporate advanced features such as detachable battery design for all-day use and improved display technology that resolves common issues like color dispersion and text clarity [3][9] - The integration of Alibaba's navigation, AI models, and payment functionalities has significantly enhanced the product's responsiveness and practicality, positioning it competitively against industry leaders like Meta [3][9] Group 2: Strategic Industry Dynamics - The current AI-driven industrial revolution presents a gap in hardware capabilities, prompting AI companies to develop tangible hardware products to leverage their software strengths [3][9] - Major tech firms, including Alibaba and Li Auto, are entering the smart AR glasses market, with Tencent and Baidu expected to follow, indicating an impending escalation in competition within this sector [4][10] Group 3: Supply Chain Opportunities - Despite the involvement of large companies like Alibaba and Li Auto, the production of smart AR glasses relies heavily on the technological capabilities of supply chain partners, such as Guangfeng Technology [11] - Guangfeng Technology has strategically chosen the LCoS display technology, aligning with market demands and maintaining a competitive edge in the industry [5][11] - The company's recent innovations, including the Dragonfly G1 and Rainbow C1 LCoS AR light engines, have garnered significant attention for their compact size and energy efficiency, reinforcing Guangfeng's leadership in the supply chain [12]