通信周跟踪：CES中国品牌参展数创新高，AI端侧应用百花齐放

Industry Investment Rating - The communication industry maintains a Leading Market-A rating [1] Core Views - AIoT (AI + IoT) evolution: The integration of GenAI with IoT is driving the transformation from AIoT to GenAIoT, with technologies breaking traditional industry boundaries and enabling cross-domain innovation [3][18] - AI-powered edge devices: Qualcomm's Qualcomm Aware platform enhances observability, monitoring, and positioning for smart devices in logistics, retail, energy, and smart homes, with cloud-level AI capabilities moving to edge devices [3][18] - Embodied AI as a new trend: Embodied intelligence is emerging as the next wave of AI, with companies like Unitree and Samsung showcasing humanoid and companion robots for industrial and service applications [4][19] - Chinese brands' growing influence: Chinese companies accounted for over 30% of CES 2025 exhibitors, with innovations in AI chips, IoT modules, and edge AI solutions [6][22] Key Developments by Category AI and IoT Integration - GenAI capabilities are increasingly integrated into IoT platforms, transforming human-device interactions across industries [3][18] - AIoT is expected to first gain traction in consumer IoT, with industrial IoT following as AI agents' independent operational capabilities improve, driving upgrades in traditional industries like metering and gateways [3][18] Embodied AI and Robotics - Unitree showcased humanoid robots (G1, H1) and quadruped robots (Go2) with advanced joint motors, 3D LiDAR, and depth cameras for industrial and service applications [4][19] - Samsung's Ballie robot features multi-modal AI capabilities, enabling natural language understanding, smart search, and interaction with other smart devices [4][19] - Cleaning robots with mechanical arms, such as Roborock's Saros Z70 and Dreame's bionic multi-joint robotic arm robots, are becoming a trend, addressing obstacles and improving efficiency [5][20] Chinese AI Innovations - Chinese companies like Telink, Espressif, and Fibocom introduced edge AI chips, IoT modules, and AI solutions, with a focus on edge computing, power efficiency, and compatibility [6][22] - Fibocom launched Fibocom AI Stack, offering an integrated edge AI solution, and AI Buddy, a product combining smart voice interaction, translation, and 4G/5G global roaming [6][22] Market Performance - The communication sector underperformed, with the Shenwan Communication Index down 1.48% for the week [23] - Top-performing sub-sectors included connectors (+9.41%), liquid cooling (+5.23%), and IoT (+4.43%) [23] - Leading gainers: Bestar (+32.78%), Ruida (+17.98%), Gaolan (+6.32%), ZTE (+5.78%), and LianTech (+5.70%) [23] - Top decliners: InnoLight (-8.03%), Eoptolink (-6.67%), Hengtong (-5.64%), Meig (-4.70%), and China Mobile (-4.19%) [23] Overseas Developments - AMD partnered with Dell to launch Ryzen AI PRO processors for enterprise devices, enhancing AI computing and security [45] - NXP acquired TTTech Auto for $625M to strengthen its software-defined vehicle (SDV) middleware capabilities [45] - Micron invested $7B in a new HBM advanced packaging facility in Singapore, targeting AI data center demand [45]