Investment Rating - The report maintains a "Market Perform" rating for the consumer electronics industry [3]. Core Insights - The demand for smart wearable devices is increasing, driven by the rise of generative AI models, which is pushing AI audio glasses into a broader market. In the short term, smart interactive glasses are expected to replace headphone functions, leveraging glasses as a medium to enhance user experience and selling points [5][9]. - The report highlights the price positioning of various smart glasses, including Meta Ray-Ban, Rokid Glasses, and Xiaomi AI glasses, emphasizing their unique features and competitive pricing strategies [9][30]. Summary by Sections 1. Price Anchors for Smart Glasses - Meta Ray-Ban offers a base price of $230 for the New Wayfarer, with an additional $69 for features like headphones, camera, and AI capabilities, totaling $299 for the Meta Ray-Ban model [9]. - Rokid Glasses utilize a single-color waveguide imaging technology and are designed in collaboration with BOLON, featuring a compact design and advanced specifications [15][17]. - Xiaomi AI glasses differentiate themselves with electrochromic lenses, supporting rapid switching between transparent and sunglass modes, and are positioned as a "portable AI entry" [30][32]. 2. Market Review - The electronic industry saw a weekly increase of 4.61%, with the computer sector leading at 7.70% growth, while the oil and petrochemical sector experienced the largest decline at 2.07% [41][42]. 3. Industry High-Frequency Data Tracking - Monitor panel prices have stabilized, with no significant changes expected in mainstream specifications for June [53][54]. - The report indicates a potential decline in TV panel prices due to cooling demand, with expectations of price adjustments across various sizes [56].

Group 1 - Xiaomi's first mid-to-large SUV, YU7, features a large smart dimming canopy, highlighting the application of advanced optical materials in automotive design [1] - The core technology supplier for this feature is Guangyi Technology, which provides next-generation electrochromic (EC) smart glass with a shading rate of 99.85% and blocks 99.9% of UV and infrared rays [1] - Guangyi Technology, founded in 2017, is the only company globally capable of mass-producing EC smart glass, with its products already used in over 20 mass-produced vehicle models from brands like NIO, Zeekr, Audi, BYD, and Avita [1] Group 2 - Beyond automotive applications, Guangyi is expanding into building facades and consumer electronics, with its architectural products implemented in multiple green low-carbon demonstration projects in Shanghai and Zhejiang [2] - The company has established a complete technological closed loop from automotive-grade technology to mass production and system integration, positioning itself as a representative enterprise in China for breakthroughs in this field [2] - The industry anticipates that smart dimming glass will expand from automotive applications to aerospace, architecture, and consumer electronics over the next five years, driven by user experience and the demand for differentiated smart cockpits from automakers [2]

本报讯(记者向炎涛)6月26日，小米首款中大型SUV——YU7正式发布。Max版本标配的大尺寸智能调光 天幕引发广泛关注，作为该功能的核心技术供应商，深圳市光羿科技有限公司(以下简称"光羿科技")提 供的新一代电致变色(Electrochromic，EC)智能玻璃也随之走入公众视野。 这块可"随光而动"的天幕玻璃不仅带来更舒适的乘车体验，也预示着智能光学材料正成为未来汽车座舱 的重要组成部分。作为全球首个实现大面积柔性曲面EC产品量产的企业，光羿科技正通过核心技术与 产业化能力，推动电致变色技术从概念走向规模化应用。 此次应用在小米YU7Max上的新一代黑色电致变色产品，具备更宽广的调光范围、更深的暗态表现与更 优的能效比，技术升级同时保持了工业制造的稳定性。随着卷对卷工艺的成熟与自动化程度的提升，该 方案在成本控制、良率稳定和交期能力上展现出系统性优势。 除汽车场景外，光羿科技还在建筑幕墙、消费电子等领域展开拓展，其建筑产品已落地于上海、浙江多 个绿色低碳示范项目。柔性材料平台的延展性，使得该公司具备向多终端、跨场景渗透的能力。 不同于传统电致变色企业主要依赖玻璃基底与磁控溅射工艺，光羿科技采用自研的柔性P ...