电子行业周报：AI眼镜在CES百花齐放，看好端侧AI硬件创新浪潮和算力架构创新

Investment Rating - The report provides a "Buy" rating for stocks, indicating that the expected price increase will exceed 15% compared to the relevant market index over the next 12 months [26]. Core Insights - The AI glasses market is expected to see significant growth, with global shipments projected to reach 12.8 million units in 2025, a 26% increase year-on-year, while China's market is expected to grow by 107% to 2.8 million units [2][18]. - The demand for AI capabilities is driving a surge in computing power requirements, particularly in servers and AI chips, with recommendations to focus on companies like Huadian Technology and Deep South Circuit [19]. - The semiconductor industry is set to initiate 18 new wafer fabrication projects in 2025, with a focus on domestic production and self-sufficiency, highlighting the importance of local manufacturers [22]. Summary by Sections Market Review - From January 6 to January 10, the overall market declined, with the Shanghai Composite Index down 1.34%. However, the electronic industry index rose by 1.86%, ranking 4th among 31 sectors [5][6]. Sub-industry News Semiconductor - NVIDIA announced the launch of the Blackwell GPU, which is expected to significantly enhance AI and HPC capabilities, with all major cloud service providers adopting the new system [19]. - The semiconductor industry anticipates a 6.6% annual growth rate, with advanced node capacity expected to grow at 16% annually [10][22]. AI, IoT, and Automotive Electronics - Major companies are increasingly investing in AI glasses, with a notable presence at CES 2025, indicating a burgeoning market [2][18]. Mobile & 5G - The global smartphone panel shipment is projected to reach 2.27 billion units in 2024, reflecting an 8.7% year-on-year growth, driven by strong demand from major brands [15]. LCD and LED - LG Display plans to produce four-layer stacked W-OLED panels to enhance brightness, marking a significant advancement in display technology [16]. Industry Investment Strategy - The report emphasizes the potential of AI glasses and related technologies, recommending investments in companies that are well-positioned in this emerging market [2][18].