消费电子：INMO：Air3重塑未来移动终端，GO2专注同传翻译

Investment Rating - The industry investment rating is "In line with the market" [2][9] Core Viewpoints - The report highlights the launch of INMO AIR3 and INMO GO2 at the "Chengdu AI+AR Industry Ecosystem Development Conference" on November 29, 2024, showcasing advancements in AR technology [2] - INMO AIR3 is noted as the first all-in-one AR glasses to achieve 1080P resolution, featuring a Micro OLED display and a powerful Qualcomm Snapdragon processor, enhancing user experience and application compatibility [2][4] - INMO GO2 is introduced as the world's first simultaneous translation glasses, supporting 40 languages and offering offline translation capabilities, targeting the growing demand for translation devices in travel [2][4] Summary by Sections Product Features - INMO AIR3 specifications include a resolution of 1920x1080, brightness of 600 nits, and a 4nm Snapdragon processor, priced at 4,299 yuan [7] - INMO GO2 features a resolution of 640x480, brightness of 2000 nits, and a four-core CPU, priced at 3,299 yuan [7] Market Insights - The report cites that the portable translation device market is expected to reach USD 45.83 billion by 2029, with a CAGR of 16.6% [2] - The domestic market share of INMO products in the AI smart glasses sector is approximately 41%, indicating strong competitive positioning [4] Strategic Recommendations - The report suggests focusing on companies involved in the supply chain for smart wearable devices, particularly those with technological reserves in optics, assembly, and storage [4]