电子行业周报：百度与大朋VR共研AI眼镜，格芯推进先进封装

Investment Rating - The industry investment rating is "Maintain Buy" for the electronics sector [6]. Core Viewpoints - AI Edge: Baidu Smart Cloud collaborates with DPVR to develop AI glasses, indicating a positive outlook for the related supply chain [12][30]. - Consumer Electronics: The Ministry of Commerce has clarified subsidy types and standards for mobile phones, tablets, and smartwatches, which is expected to benefit the related supply chain [13][32]. - Advanced Packaging: GlobalFoundries announced an investment of $575 million to build an advanced packaging and photonics center in New York, highlighting the growing importance of advanced packaging in the computing era [14][30]. - Domestic Substitution: It is projected that domestic semiconductor equipment sales will grow by 35% in 2024, exceeding 110 billion yuan, indicating a speeding up of the domestic semiconductor industry chain [15][31]. Summary by Sections 1. Core Viewpoints and Investment Recommendations - AI Edge: The collaboration between Baidu Smart Cloud and DPVR aims to innovate in AI glasses, which is expected to benefit the supply chain [12]. - Consumer Electronics: Subsidies for digital products are expected to stimulate demand and benefit the supply chain [13]. - Advanced Packaging: The establishment of a new center by GlobalFoundries is anticipated to enhance production capabilities in advanced packaging [14]. - Domestic Substitution: The growth in domestic semiconductor equipment sales is expected to accelerate the domestic industry chain [15]. 2. Market Review - The A-share Shenwan Electronics Index rose by 2.82%, outperforming the CSI 300 Index by 2.29 percentage points [19]. - The performance of sub-sectors included Components (6.96%), Consumer Electronics (6.06%), and Others (5.79%) [22]. 3. Industry News - Baidu Smart Cloud and DPVR's partnership focuses on AI glasses development, enhancing the smart wearable market [30]. - GlobalFoundries' investment in New York aims to provide comprehensive manufacturing capabilities for key semiconductor areas [14]. - Domestic semiconductor equipment sales are projected to grow significantly, indicating a robust domestic market [31]. 4. Company Dynamics - Huahai Qingke's CMP equipment shows strong performance in various chip manufacturing sectors, indicating a growing market share [33]. - Wolong Nuclear Materials is delivering 224G high-speed communication cables, reflecting strong market demand [34]. - Tianjian Co. anticipates shipments of AI glasses in the first half of the year, indicating ongoing product development [34].