我们聚焦数博会热词——万物互联 一听到"万物互联"这四字 不少人可能会有点陌生： 这难道是指所有东西都能联网？ 你知道吗？现在家里的智能音箱响应指令，说不定都有万物互联在背后 "搭线"！ 今天 今天 小知知就用大白话 + 生活实例 把万物互联的神秘面纱揭开 看看它究竟如何改变我们的生活！ 小编 什么是万物互联？ AI： 万物互联在数博会上是一个备受瞩目且不断演进的主题： 2015年，贵阳以 "'互联网+'时代的数据安全与发展"为主题举办了数博会，虽然当时万物互联还未成为核心主题，但已经为大数据与万物的基础连接埋下 了伏笔。随着技术的不断进步，万物互联的概念逐渐清晰并受到重视。 万物互联是指通过互联网、物联网、5G等技术，将各类物理设备、设施、物品甚至环境数据连接起来，实现信息实时交互、协同工作的智能网络。简单 来说，就是让"不会说话"的东西能"交流"，让分散的设备能"合作"。它有三个核心作用： 1.让设备"懂需求"：比如家里的智能空调能根据室外温度自动调节室内模式，智能手环监测到睡眠质量差时，会联动窗帘第二天推迟30分钟打开，让你多 睡一会儿。 2.让场景"更高效"：比如在智慧社区里，快递柜收到包裹后会自动给 ...

在众多科技公司仍在寻找方向时，小米已提前锁定通往确定性的头等舱船票。 在当前竞争激烈、高度内卷的科技行业，能实现持续稳定增长的企业寥寥无几，小米却凭一份超预期的财报撕开了突破口。就在本周， 小米发布了2025年第二季度财报，以1160亿元的总收入和30.5%的同比增长，创下历史新高，更在行业整体承压的背景下展现出惊人的 增长韧性。 在消费电子行业普遍面临需求疲软的背景下，小米的逆势增长不禁让我们思考：这究竟是短期的业绩反弹，还是长期增长动能的释放？ 增长路径是否具备可持续性？ 深入分析财报细节，一个结论逐渐清晰，小米的增长并非偶然，而是其"人车家全生态"战略系统性落地的必然结果。这一战略不仅支撑 了当前的财务表现，更构筑了未来3到5年的增长确定性，使它成为中国科技企业中最具成长可见度的公司之一。 值得注意的是，在第二季度YU7尚未开始交付的情况下，小米汽车上半年累计交付15.7万辆，支撑起28万元的平均含税单价，这意味着 小米汽车市场定位并非依靠价格竞争，而是凭借产品力在中高端市场站稳脚跟。这与小米高管的战略视角形成了呼应，就在财报会上， 小米集团总裁卢伟冰明确表示，小米不打价格战，不参与内卷，宣布将在 20 ...

Semiconductor Industry Research Summary Industry Overview - The semiconductor industry is driven by Moore's Law, which states that the number of components on integrated circuits doubles approximately every 18 to 24 months, leading to reduced costs and expanded application scenarios, including IoT and brain-machine interfaces [1][6] - The global semiconductor market is expected to exceed $1 trillion by 2030, with integrated circuits being the main driver, accounting for 80% of the market, and digital chips making up 80% of integrated circuits [1][15] Key Points on Semiconductor Chips - Semiconductor chips are categorized into five functional types: information acquisition, transmission, processing, storage, and output [1][7] - Integrated circuits represent 80% of the semiconductor industry's value, with digital chips resembling the human brain, responsible for logic and information storage [1][8] - Digital chips include various types such as CPU, MCU, FPGA, GPU, DRAM/Flash, and ASIC/SoC, while analog chips manage signal chains and power distribution [1][10][12] Market Dynamics - The semiconductor market is primarily driven by consumer electronics, which account for 60%-70% of downstream applications, with mobile phones representing about 30% [1][16] - AI development is rapidly changing the market landscape, with NVIDIA's data center revenue nearing 25% of the semiconductor market, and AI-related semiconductors approaching 30% [1][16] Manufacturing and Design Processes - Semiconductor manufacturing involves design, fabrication, and testing, with critical processes including photolithography, etching, deposition, and ion implantation [1][4][17] - The semiconductor industry operates in a triangular structure, with product layers at the bottom, manufacturing layers vertically, and equipment and materials on the sides [1][20] Financial Aspects and Valuation - Chip design companies generate revenue based on sales volume multiplied by unit price, while wafer manufacturers rely on capacity, utilization rates, and pricing [1][22][23] - Valuation methods differ across semiconductor sectors, with design companies typically evaluated on PE ratios based on growth expectations, while wafer and testing companies are often assessed using PB ratios [1][26] Innovation and Growth Opportunities - Innovation cycles are crucial in the semiconductor industry, as they drive value growth across various applications, particularly in AI [1][28] - Identifying high-quality semiconductor companies involves analyzing end-user growth rates and changes in chip value, particularly in emerging sectors like electric vehicles and photovoltaics [1][29] Investment Considerations - Key investment points in the semiconductor industry include innovation, new directions, and understanding the flow from downstream to terminal products and from manufacturing to testing [1][30] - The semiconductor industry is characterized by cycles, including long-term innovation cycles, capacity expansion cycles, and short-term inventory cycles, which are influenced by product launches and market demand [1][32][33] Domestic and International Trends - The trend towards domestic production in the semiconductor industry is progressing, with many segments achieving initial domestic production and beginning to internationalize [1][34]

Core Insights - The HarmonyOS public class held by Huawei emphasizes the importance of youth in driving innovation and growth within the Harmony ecosystem [1][7] - Over 200 young students participated in the immersive experience, showcasing the vibrant innovation pulse of the Harmony ecosystem [1][7] Group 1: HarmonyOS Ecosystem Development - Huawei experts highlighted the robust development and vast potential of the Harmony ecosystem, with over 9,000 applications contributing to more than 70 innovative experiences [3][5] - HarmonyOS serves as a solid digital foundation across various industries, fostering extensive co-innovation in the operating system and application ecosystem [3][5] Group 2: AI and Creative Transformation - The integration of AI and full-scene capabilities in HarmonyOS is reshaping video creation experiences, as demonstrated by Tim, a well-known tech influencer [3][5] - Features like "碰一碰" (Tap to Connect) and "手眼同行" (Hand-Eye Coordination) enable seamless and efficient creative processes across devices [3][5] Group 3: Talent Development and Opportunities - Huawei's "Harmony Star Plan" aims to cultivate young talent, investing 100 million yuan in cash and resources to support campus developers and creative individuals [7] - The initiative is designed to ignite innovation and enthusiasm among youth, contributing to the rapid development of the Harmony ecosystem [7] Group 4: Interactive Experience and Partnerships - The public class featured an interactive experience area showcasing the innovative vitality of the Harmony ecosystem, with participation from ten ecological partners [5][6] - Partners like Bilibili, Didi, and China National Aviation provided unique offerings and benefits based on HarmonyOS features, enhancing user engagement [6]

在这场智能化升级的关键竞赛中，中国科技公司正通过自主创新重新定义全球汽车电子格局。诚迈科技 （300598）(300598.SZ)子公司智达诚远此前推出的鸿志智能汽车操作系统，正是这股浪潮中的代表性 解决方案之一。该系统为"软件定义汽车"时代提供了基于开源鸿蒙的国产化路径，旨在助力车企在激烈 的竞争中构建差异化优势，其设计理念与技术实现正引发行业关注。 鸿志智能汽车操作系统核心在于对OpenHarmony5.0进行的深度定制与创新融合。它不仅继承了开源鸿 蒙强大的分布式架构基因，更结合了智达诚远在汽车电子领域的深厚积累，展现出卓越的高效移植能 力。据悉，该系统用于智能座舱域，能够快速适配欧冶龙泉560、RK3588等主流国产芯片平台，为行业 提供了从底层芯片到操作系统完全自主可控、兼具高性能与高安全性的全国产化解决方案。 此外，面向当前炙手可热的座舱AI交互升级趋势，智达诚远基于高通8775、8797芯片打造的新一代座 舱AI智能体方案，正成为其重要的技术支撑点。该方案集成了最先进的端侧大模型，无需依赖云端即 可实现复杂语义的精准理解；通过本地向量数据库(Faiss+SQLite3)实现用户请求的瞬时响应；结 ...

本文首发于财联社VIP《金牌纪要库》。 《金牌纪要库》是财联社VIP倾力打造的一款高端会议纪要类产品 ，结合财联社的媒体资源和 行业圈层优势，为投资者提供全面、深入的市场及行业洞察，以及专业分析和解读。若投资者想要了解该付费产品，可前往文末添加客 服咨询产品。 据产业链信息，国内三大运营商正考虑重启办理已暂停长达两年的eSIM业务。 中信证券电子团队指出，当下联通、移动在eSIM推进上最为积极，电信节奏稍慢。其中， 中国联通已在官方App及部分线上渠道上线 了eSIM手机业务的开通办理页面 ，这是我国运营商首次在手机端提供eSIM支持。 此前国内厂商仅将eSIM应用于可穿戴、平板、物联网等非手机产品（但海外市场各厂商部分高端机型已搭载eSIM）。随手机等终端轻 薄化趋势以及防水防尘要求提升，eSIM有望加速在消费电子领域进行渗透。 财联社VIP特联合蜂网火线直连 "通信" 专家，调研国内eSIM产业链情况以及未来市场空间展望。 【核心逻辑】 | ○赃昧社《eSIM热度有望重启,编制万物互联新格局》核心要点 | | | --- | --- | | 根据会议内容及财联社星矿数据梳理 | | | 援害 | | | ...

证券研究报告 | 公司点评报告 2025 年 08 月 08 日 强烈推荐（维持） 目标估值：NA 当前股价：16.06 元 基础数据 AI 先进光纤材料研发制造中心扩产项目启动建设 TMT 及中小盘/通信 事件：根据公司公众号，亨通光电 AI 先进光纤材料研发制造中心扩产项目已于 近期正式投入建设，计划 2026 年 2 月竣工。该项目占地 200 多亩，一期投资 将新增工艺、检测及公辅等先进设备 100 多套，主要用于超低损空芯光纤、超 低损多芯光纤和高性能多波段多模光纤等特种光纤的生产。为了在 AI、云计算、 万物互联、5G-A 通信产业等相关技术成熟及应用场景下，满足对多模、多芯、 空芯等特种光纤持续增长的市场需求。 ❑ 风险提示：费用成本加大风险、业务拓展不利风险、市场竞争加剧风险。 财务数据与估值 | 会计年度 | 2023 | 2024 | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入(百万元) | 47622 | 59984 | 66808 | 73559 | 80827 | | 同比增长 | 2% ...

业内人士称，此次荣耀MagicOS首发支持鸿蒙NEXT换机克隆，不仅是对用户跨系统、跨设备、跨生态 使用需求的积极响应，更体现了荣耀开放、共创、共享的品牌理念。随着荣耀在"万物互联"领域的不断 深耕，未来或许将见证更多行业伙伴加入到这一行列中来，共同构建一个更加便捷、高效的智能终端生 态未来。（思瀚） 当前随着智能终端快速普及，用户手中的设备往往来自不同品牌、搭载不同系统，跨设备数据迁移成为 困扰用户的一大痛点。此前，用户在不同生态间切换手机时，常常面临数据传输不完整、操作步骤繁 琐、传输速度缓慢等问题，影响了用户的换机体验。 荣耀带来的这一突破性进展，意味着用户在不同生态间切换设备时，可通过简单操作完成数据一键迁 移，彻底打破跨设备数据传输的技术壁垒，为智能手机用户带来更便捷的换机体验，更在行业内掀起了 一场关于跨生态互联互通的变革。目前，荣耀Magic V5已率先搭载该功能，该功能还将逐步适配并推 送至更多荣耀机型，惠及更光大用户。 此前，荣耀CEO李健在今年MWC上海期间表示，"荣耀将实现'全品牌终端互联'，打破不同品牌设备的 边界，真正做到'万物互联'""荣耀谁都能连，传啥都快"。业内人士认为，此次荣 ...

克雷西 发自 凹非寺 量子位 | 公众号 QbitAI 就在这几天，华为宣布 搭载HarmonyOS 5的终端数量突破千万 。 众多开发者纷纷在社媒平台送上祝贺，鸿蒙操作系统5成功经过规模化市场检验，迎来新的起点。 站在这个新起点的华为，攻势不仅没有放缓，反而愈战愈猛—— 一个名为 「鸿蒙应用开发者激励计划2025」 的活动已经官宣上线，上亿元补贴开路，单个开发者累计奖金上限能到600万…… 这是对去年鸿蒙应用开发激励的延续，更是对于鸿蒙操作系统的深层自信，随着鸿蒙终端在消费者市场的规模和认可度， 一个全新的飞轮正 在形成： 鸿蒙终端数量越多，应用生态需求越大，应用生态越丰富，鸿蒙终端销量又会翻番增长…… 是的，这也是华为进一步加码鸿蒙应用开发者激励计划的关键原因，这是一个杠杆，可以加速整个飞轮。 而且，鸿蒙生于AI时代，从一开始就为万物互联而来，开发者开发不是简单换生态造轮子，而是面向未来、面向AI、面向多终端，率先实现移 动互联网开发向AI时代开发的转型。 在这次「鸿蒙应用开发者激励计划2025」的说明中，华为还专门提供了"快速上架指引"，包含开发提效、快速测试、高效上架、高效运营模 块，帮助开发者具备全 ...

Group 1 - The core concept of the article revolves around the development and application of sensors, referred to as the "electronic five senses" of machines, enabling them to perceive the environment more accurately than humans [1][5][9] - The article highlights the significance of MEMS (Micro-Electro-Mechanical Systems) sensors in the advancement of artificial intelligence and robotics, emphasizing their small size, light weight, and high sensitivity [5][10][18] - The "Sensor Valley" in Bengbu, Anhui, is presented as a hub for smart sensor technology, showcasing various intelligent devices that respond to environmental changes, thus reshaping daily life [1][7][18] Group 2 - The production of MEMS sensors is centered around silicon wafers, with a fully automated production line capable of producing 10,000 8-inch smart sensor wafers monthly [10][12] - The establishment of a pilot production line allows for customized design and low-cost small-batch production, addressing previous limitations in the MEMS industry [12][14] - The Sensor Valley has attracted over 200 related enterprises, forming a complete industrial chain that encompasses design, manufacturing, and application, with an economic scale exceeding 20 billion yuan [18][24] Group 3 - The article discusses the challenges in the sensor industry, such as the complexity and small scale of products, and presents the "solid foundation and extended chain" strategy to integrate the entire production process [20][22] - Local government initiatives, including a 70 billion yuan investment fund, aim to support the development of the smart sensor industry and facilitate technology transfer [22][26] - The Sensor Valley has seen significant growth, with a reported output exceeding 3 billion yuan in the first half of the year, marking a year-on-year increase of over 30% [24][26]