Group 1 - The nubia M153 phone assistant preview version, priced at 3499 yuan, has sold out on the ZTE Mall website, indicating strong initial interest in the product [1] - The nubia M153 is a collaborative engineering prototype led by Doubao for AI phone assistant product definition and experience, with ZTE's nubia handling hardware engineering and technical development [1] - This product is targeted at industry professionals for experiencing Doubao's AI technology and capabilities, rather than being a consumer-grade product [1] Group 2 - Morgan Stanley's latest report highlights that despite the rich functionality ecosystem demonstrated by Doubao, significant challenges exist in its execution [1] - The report notes that deep system-level integration requires modifications to the operating system, which directly impacts the core interests of mobile manufacturers (OEMs) [1] - Major mobile manufacturers and super apps are more inclined to develop their own AI assistants rather than adopting third-party solutions like Doubao [1]

Core Viewpoint - The article discusses the recent stock performance of ZTE Corporation, highlighting a significant drop in share prices following the launch of the Doubao mobile assistant in collaboration with ByteDance, and the implications of AI integration in mobile technology [1][3]. Group 1: Stock Performance - On December 3, ZTE's A-shares and Hong Kong shares both fell over 4%, with A-shares priced at 43.2 yuan and Hong Kong shares at 32.4 HKD [1]. - Following the launch of the Doubao mobile assistant, ZTE's market value surged by 20 billion yuan on December 1 [3]. Group 2: Doubao Mobile Assistant - The Doubao mobile assistant, launched in partnership with ZTE, is priced at 3499 yuan and has already sold out on ZTE's official store [5]. - The assistant allows users to perform various tasks through voice commands and integrates with multiple applications, showcasing advanced AI capabilities [4][5]. Group 3: Industry Trends - The article notes a shift in the mobile AI assistant landscape, moving from functional modules to becoming central to the ecosystem, with a projected user base of 535 million by September 2025 [6]. - Major smartphone manufacturers are developing their own AI assistants, indicating a competitive landscape where AI integration is crucial for market relevance [5][6]. Group 4: Challenges and Concerns - Users reported issues with the Doubao assistant, including restrictions when trying to log into WeChat, raising concerns about data privacy and security [6][7]. - The article emphasizes the ongoing struggle between mobile manufacturers and AI model providers, as well as the challenges posed by app ecosystem closures [7].

Core Viewpoint - ByteDance and ZTE have launched the Doubao Phone Assistant, which has gained significant attention and led to a substantial increase in ZTE's market value, highlighting the potential of AI in mobile technology [2][3]. Group 1: Product Launch and Market Reaction - The Doubao Phone Assistant was released on December 1, with the ZTE nubia M153 model priced at 3499 CNY selling out quickly [2][3]. - ZTE's stock surged by 20 billion CNY in market value on the day of the launch, indicating strong investor interest in AI-driven mobile solutions [2][3]. Group 2: Strategic Partnerships and Future Plans - Currently, ZTE is the only mobile manufacturer collaborating with Doubao, but ByteDance plans to partner with multiple manufacturers to integrate the assistant into various devices [3][4]. - The strategy aims to establish a foothold in the AI-driven human-computer interaction space, with mobile devices being a primary focus for AI applications [3][4]. Group 3: Industry Trends and Challenges - The trend in the mobile industry is shifting towards integrating AI assistants as central components of the user experience, moving from standalone features to ecosystem hubs [4][5]. - Challenges include data privacy concerns and the need for AI systems to be accepted by mobile operating systems to function effectively, as demonstrated by user issues with WeChat integration [5].

Core Insights - The discovery of Smartisan remnants in the Doubao mobile system indicates a connection to the legacy of Smartisan Technology, suggesting a blend of past innovations with new developments in mobile technology [1][3]. Group 1: Company Background - Doubao mobile system is developed in collaboration between ZTE and ByteDance, with ByteDance leading the AI mobile assistant product definition and experience, while ZTE's Nubia handles hardware development and manufacturing [1]. - Smartisan Technology, founded in June 2017 with a registered capital of 200 million yuan, has shifted its focus after the departure of its founder, Luo Yonghao, who has since ventured into AI startups [1]. Group 2: Product Features - The Doubao mobile system includes classic Smartisan ringtones, such as "Mi Store," indicating a nostalgic element for users familiar with Smartisan products [1][3]. - The first phone featuring the Doubao mobile assistant technology is the Nubia M153, showcasing a blend of AI capabilities and traditional mobile features [1]. Group 3: Leadership Changes - Luo Yonghao stepped down as the executive director and general manager of Smartisan Technology in September 2022, with Guan Zhiliang taking over the role [1]. - Luo has launched a new AI startup project named Jarvis, which went live overseas earlier this year [1].

Core Viewpoint - ZTE Corporation (00763) experienced a decline of over 4%, trading at HKD 32.4 with a transaction volume of HKD 995 million, indicating market concerns regarding its product offerings and execution challenges in AI technology integration [1] Group 1: Product Development - The nubia M153 smartphone, priced at CNY 3499, has sold out on ZTE's official store, indicating initial consumer interest [1] - The nubia M153 is an engineering prototype led by Doubao for AI assistant product definition and experience, with ZTE focusing on hardware engineering and technology development [1] - The product is targeted at industry professionals for experiencing Doubao's AI technology, rather than being a consumer-grade product [1] Group 2: Market Analysis - Morgan Stanley's latest report highlights that despite the rich functionality of the Doubao demonstration version, significant challenges exist in its execution [1] - The report emphasizes that deep system-level integration requires modifications to the operating system, which could conflict with the core interests of mobile manufacturers (OEMs) [1] - Major mobile manufacturers and super applications are more inclined to develop their own AI assistants, posing a competitive threat to ZTE's strategy [1]

Core Viewpoint - ZTE Corporation's stock has dropped over 4%, currently trading at 32.4 HKD with a transaction volume of 995 million HKD, indicating market concerns regarding its product developments and execution challenges [1]. Group 1: Product Development - The nubia M153 mobile assistant technology preview version, priced at 3499 RMB, has sold out on ZTE's official store, showcasing initial consumer interest [1]. - The nubia M153 is a collaborative engineering prototype led by Doubao, focusing on AI mobile assistant product definition and experience, with ZTE's nubia handling hardware engineering and technology development [1]. Group 2: Market Analysis - Morgan Stanley's latest report highlights that despite the rich functionality ecosystem demonstrated by Doubao's version, significant execution challenges are anticipated [1]. - The report emphasizes that deep system-level integration requires modifications to the operating system, which directly impacts the core interests of mobile manufacturers (OEMs) [1]. - Major mobile manufacturers and super applications are more inclined to develop their own AI assistants rather than adopting third-party solutions like Doubao's [1].

每经编辑｜张锦河 12月2日，根据中兴商城显示，目前首款"豆包助手"手机已显示"售罄"，闲鱼上该款手机二手售价4200元到4999元之间，比官方售价高出700元到1500元上 下。 nubia M153是目前首款搭载豆包手机助手技术的手机终端。其搭载高通骁龙8至尊版处理器，支持无线充电、NFC等功能。 相比普通手机搭载的AI助手，仅能执行少量步骤的固定执行动作，豆包手机助手的AI操作手机功能可根据用户指令在多款应用间自动跳转，实现比价下 单、批量下载文件、多软件物流进度一键查询等任务。 在隐私安全方面，豆包方面称，"豆包手机助手把隐私保护作为前提而非附加项。"据《豆包手机助手白皮书》，⾖包⼿机助⼿遵循授权同意、最⼩必要、⽤ 户可控原则设计，明确从技术架构上确保不会使⽤⽤户敏感数据训练模型。 每日经济新闻综合第一财经、九派财经 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前请核实。据此操作，风险自担。 "豆包助手"手机由中兴通讯和字节跳动共同开发，其中豆包主导AI手机助手的产品定义与体验，中兴通讯旗下努比亚主导硬件研发设计以及生产制造。 据媒体报道，对于备货和销量数据，努比亚方面对记者表示，"目前暂时 ...

Core Insights - The first "Doubao Assistant" phone has sold out, with second-hand prices ranging from 4200 to 4999 yuan, exceeding the official price by 700 to 1500 yuan [1] - The phone is a collaboration between ZTE and ByteDance, with Doubao leading the AI assistant's product definition and experience, while Nubia handles hardware development and manufacturing [1] - Nubia has not released sales data yet, as this is the first model with limited external sales [1] Product and Development - The Nubia M153 software will receive updates approximately every two weeks until the end of Q1 2026, with future update frequency to be announced later [3] - Doubao is exploring partnerships with multiple phone manufacturers but has no plans for self-developed phones [3] Market Position and Competition - Major domestic phone manufacturers currently do not have similar collaboration plans with Doubao [4] - Companies like Honor have existing collaborations with Volcano Engine for various functionalities, but specifics regarding Doubao's assistant remain unconfirmed [4] - Other manufacturers, such as OPPO and Vivo, have not confirmed any collaboration but are observing Doubao's upcoming technical solutions [4] Industry Dynamics - Existing voice assistants from major manufacturers are deeply integrated into their operating systems, representing control over ecosystem traffic and future service business models [5] - Smaller manufacturers may have more flexibility in collaborating with Doubao, allowing Doubao to maintain greater control over model development [5] - The collaboration model between Doubao and ZTE resembles Huawei's "Smart Choice Car" model, where Doubao retains model development authority while manufacturers focus on hardware [6] - The willingness of other application ecosystem companies to provide AI capabilities for Doubao's assistant remains uncertain [6]

Core Insights - The "Doubao Assistant" phone, developed by ZTE and ByteDance, has sold out, with second-hand prices ranging from 4200 to 4999 yuan, exceeding the official price by 700 to 1500 yuan [1][3] - Nubia, a subsidiary of ZTE, has not released sales data for the "Doubao Assistant" phone, indicating limited initial availability [1] - The phone is not entirely out of stock, as developers can apply for an F code to purchase it, although software functionality may not match mainstream flagship models [1] Collaboration and Market Position - Nubia is not the only partner for "Doubao Assistant," as ByteDance is in talks with multiple phone manufacturers, but no major collaborations have been confirmed yet [3] - Major phone manufacturers like Honor have existing partnerships with Volcano Engine, while OPPO and Vivo have not confirmed any collaboration with Doubao [3][4] - The current landscape shows that leading phone manufacturers have their own voice assistants, which are deeply integrated into their operating systems, representing control over ecosystem traffic and future business models [4] Competitive Landscape - The collaboration model between Doubao and ZTE resembles Huawei's "Smart Choice Car" model, where Doubao retains control over model development while manufacturers provide hardware [5] - There is potential for more second and third-tier manufacturers to explore this model, but the willingness of other application ecosystem companies to provide AI capabilities remains uncertain [5] - The competition among voice assistants is expected to extend beyond smartphones to other devices like headphones and smart glasses, indicating a broader market for AI integration [5]

就在刚刚，豆包的手机助手，终于发布了。 然后我就拿到了一台个非常有趣的东西，豆包手机助手，不过还是技术预览版。 载体是一个跟中兴合作的工程样机。 为了让我们体验豆包手机助手，直接现搓的。 快憋死我了。 上周其实豆包的朋友，就跟我说说有个很有意思的新东西，想不想测试一下。 我说那必须要啊。 她就神奇的问我： 我为了演示，给你们录了下载的全过程。 十几年前乔布斯心中的siri，在这一刻，我觉得才真正的具象化了出来。 先给大家看看，这个豆包手机助手，在手机里，能干出什么花活。 比如，下载手游的时候，它不仅能够帮我下完游戏，还能把游戏内部的安装包也一并给我下了。 就像这样。 视频我快放了一下，整个过程大概花了七八分钟。 我当场献上我的膝盖。。。 在拿到以后，我就， 把我的备用机上的所有的数据和微信都移过去了，在深度使用一周，我想说，这玩意，真的没有辜负我的预期。 这就是一个，基于大模型能力的，真正的AI手机助手。 苹果的apple intelligence还是个饼，但豆包真正意义上的先来了。 但实际用的时候，豆包手机助手，就一个超级牛逼的一点。 就是它每一次执行任务，全部是后台运行的，不会抢占你的手机操作界面，运行状 ...