通信：云终端·算力终端产品白皮书（2025年版）

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report emphasizes the development of a new information service system that integrates connectivity, computing power, and capabilities, aiming to enhance the innovation and development of cloud and computing terminal products [8] - It highlights the importance of the China Mobile computing network as a new infrastructure that connects distributed computing resources, optimizing network and computing power for improved user experience [8] - The report outlines the requirements for various cloud terminal products, including cloud phones, cloud computers, and XR devices, focusing on their software and hardware specifications [10][12][18][42] Summary by Sections 1. Introduction - The introduction discusses the need for a new information service system to drive innovation and the development of cloud and computing terminal products, establishing a robust product foundation for market growth [8] 2. Terminal Adaptation Requirements - Cloud terminals must connect to the China Mobile computing network and adapt to specific middleware types to build an ecosystem of cloud and computing terminal products [10] 3. Cloud Terminal Product Requirements - Cloud Phones: These devices leverage 5G networks and cloud infrastructure, allowing local devices to interact with cloud resources, breaking the limitations of traditional terminals [12] - Cloud Computers: These devices centralize computing and storage in the cloud, offering advantages in maintenance, security, and cost efficiency for both personal and business users [18] - XR Devices: The report discusses the integration of AR, VR, and MR technologies, emphasizing their role in creating immersive experiences and connecting the physical and digital worlds [42] 4. Computing Terminal Product Requirements - Computing Hosts: Specifications for different types of computing hosts, including storage, media, and connection types, are detailed, focusing on hardware and software requirements [34] - Collaboration Terminals: These terminals are designed to utilize computing resources from the China Mobile network, enhancing collaborative capabilities [41] 5. Anti-Fraud Features - The report includes a section on anti-fraud functionalities, although specific details are not provided in the summary [44] 6. Product Identification Requirements - Identification requirements for products are outlined, ensuring compliance with industry standards [44] 7. Conclusion - The conclusion reiterates the importance of establishing a comprehensive ecosystem for cloud and computing terminal products to support the growth of the China Mobile computing network [44]