电子：影目科技发布AR+AI眼镜，AI眼镜终端如火如荼

Investment Rating - The report maintains an "Outperform" rating for the industry [6] Core Insights - The AI smart glasses sector is expected to accelerate penetration into the traditional eyewear market by 2025, with projected annual sales reaching 55 million units by 2029 and a 70% penetration rate by 2035 [3] - The report highlights the significant advancements in AI glasses technology, particularly with the launch of INMO AIR3 and INMO GO2 by Yingmu Technology, which enhance resolution, field of view, brightness, and refresh rate compared to previous models [2][3] - The report identifies key companies to watch in the AI glasses terminal space, including Goer Technology, Yidao Information, Luxshare Precision, and others [4] Summary by Sections 1. Market Performance - The electronic sector index increased by 2.38% during the week, with the semiconductor sector showing the highest growth at 3.25% [14][16] 2. Industry Dynamics - The report discusses the impact of U.S. export controls on Chinese semiconductor companies, indicating a tightening of restrictions that could affect the industry [33][34] - It notes a 4.8% increase in global NAND flash memory revenue in Q3 2024, reaching $17.6 billion, despite a 2% decline in shipment volume [34][37] - The global DRAM market saw a 13.6% revenue increase in Q3 2024, totaling $26 billion, driven by strong demand from data centers [42][46] 3. Company Dynamics - TSMC is leading the high-end process market, with expectations of a steady recovery in non-AI semiconductor demand by 2025 [38][39] - The report highlights the collaboration between STMicroelectronics and Huahong Semiconductor to produce 40nm microcontrollers in Wuxi by the end of 2025, reflecting a trend towards localizing supply chains [46][47] - The report emphasizes the growth of Huahong Semiconductor in mature process technology, with a projected global market share of 39% by 2027 [50][51]