荣耀ROBOT PHONE亮相CES 2026，全球首款机器人手机引关注 作为荣耀阿尔法战略核心落地项目，ROBOT PHONE更多被外界视为有温度的、全新的智能生命体，它 没有激进地抛弃手机形态，而是在保留日常使用习惯的基础上，悄悄加入"会动""会看""会想"的能力， 以一种温和而富有想象力的方式，悄然描绘着下一代智能终端的图景。 荣耀ROBOT PHONE亮相CES 2026，全球首款机器人手机引关注 [ZOL中关村在线原创新闻]在正在进行的国际消费电子展（CES）上，荣耀带来了一款颇具未来感的新 品——全球首款机器人形态智能手机ROBOT PHONE。 ROBET PHONE 图源微博@WHYLAB [ZOL中关村在线原创新闻]在正在进行的国际消费电子展（CES）上，荣耀带来了一款颇具未来感的新 品——全球首款机器人形态智能手机ROBOT PHONE。 ROBOT PHONE最引人注目的设计，是其背部集成的隐 藏式三轴机械臂云台。用户只需轻点屏幕，云台即可自 动展开，实现灵活转动、智能跟拍与专业级防抖。相比 传统光学防抖（OIS）或电子防抖（EIS），这款机械云 台方案支持更大角度的物理补偿，在动态拍摄 ...

证券代码： 301536 证券简称：星宸科技 星宸科技股份有限公司投资者关系活动记录表 编号：2025-007 | | √特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动类别 □ | 媒体采访 业绩说明会 □ | | □ | 新闻发布会 □ 路演活动 | | □ | 现场参观 | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及人员姓 | （排名不分先后）信达澳亚、博时基金、汇添富、国投瑞银、长盛基金、 | | 名 | 先锋基金、东方阿尔法、诺安基金、景顺长城、宝盈基金、平安基金、嘉 | | | 实基金、长城基金、前海开源、大成基金、国联基金、华西基金、金信基 | | | 金、尚正基金、融通基金、华泰证券、华金证券、国泰海通、中信证券、 | | | 中信建投、财通证券、天风证券、光大证券、平安证券、中泰证券、东北 | | | 证券、浙商证券、江海证券等 40 家机构与个人 | | 时间 2025 | 年 12 月 26 日 | | 地点 | 深圳湾万丽酒店 楼会议室现场调研 3 | | 上市公司接待人员姓名 | 董事长兼总经理林永育 | | | 财务负责人兼董 ...

来源：市场资讯 在具体的落地案例方面，面壁智能称，今年4月，由其携手长安马自达、梧桐科技共同打造的首款端侧模型量产车型——长安马自达MAZDA EZ-60已上市； 今年9月全球发售的吉利银河M9也搭载了其MiniCPM多模态模型，旨在打造新的人车交互体验。 （市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。） 12月23日，北京面壁智能科技有限责任公司宣布，已于近期完成新一轮数亿元融资。本轮融资的投资方阵容呈现多元化特征，包括京国瑞、国科投资、中金 保时捷基金、米聚资本与和基投资。据面壁智能方面透露，此次募集资金将主要用于加大端侧高效大模型的研发投入，并加速端侧AI的商业化进程。 作为国内较早布局端侧智能领域的大模型厂商，面壁智能已构建起包括MiniCPM（面壁小钢炮）系列在内的端侧模型产品谱系。该公司表示，其模型已在 汽车、手机、PC及智能家居等多个领域实现规模化落地，并与吉利、长安、大众、华为等多家企业达成深度合作。 ...

Core Insights - The smartphone market is experiencing a dichotomy, with stagnant hardware specifications and extended replacement cycles on one side, while AI smartphones are gaining traction on the other [2][3][4] Market Trends - The average global smartphone replacement rate has dropped to 23.7%, corresponding to a replacement cycle of approximately 51 months [2] - AI smartphones are projected to reach a global shipment of 170 million units in 2024, accounting for 15% of total smartphone shipments [3] - In China, the share of AI smartphones is expected to exceed 50% by 2027, with a global penetration rate surpassing 35% by 2026 [4] Company Performance - As of Q3 2025, vivo leads the Chinese smartphone market with a 17.2% share, despite a year-on-year decline of 7.8% [8][9] - Xiaomi and OPPO are hovering around a 14% market share, with Xiaomi experiencing a 1.7% decline and OPPO a slight increase of 0.4% [8][9] - Honor's market share stands at 14.4%, down 1.5% year-on-year [8][9] AI Integration and Strategy - The introduction of AI features in smartphones has not yet significantly boosted overall sales, but there is a noticeable impact in the high-end market segment [11] - Companies like vivo and OPPO are heavily investing in AI, with vivo's investment exceeding 23 billion yuan and OPPO's surpassing 10 billion yuan [13][15] - Honor plans to invest $10 billion in AI terminal technology over the next five years, while Xiaomi aims to invest over 200 billion yuan in AI research and development [15] Technological Advancements - The shift towards "on-device AI" is a key focus, allowing smartphones to perform complex tasks independently [16][20] - Major advancements in AI chip performance are enabling more sophisticated AI applications in smartphones, with Qualcomm and MediaTek leading the way [21][22][24] Competitive Landscape - The smartphone market is highly concentrated, with the top six brands holding a combined market share of 91.8% [11] - The overall smartphone shipment in China is projected to remain stagnant, with a slight year-on-year decline of 0.3% [11][13] Future Outlook - The AI smartphone market is seen as a critical area for growth, with companies needing to adapt or risk obsolescence [26][30] - Despite challenges such as rising costs and competition from other smart devices, smartphones remain the central hub for personal AI interactions [30]

过去一年时间里，手机厂商在AI方面的动作越来越密集，荣耀YOYO接入更多第三方智能体，实现系统层与应用层的AI能力对接；华为小艺只需一句指令便 能在应用间穿梭，帮你完成一些任务。 尽管这些AI能力愈发强大，但如果把这些功能拆开来看，会发现一个很现实的情况，本质上，这些AI依然需要联网才能使用。也就是说，手机AI仍困在端 云协作的阶段，还未进一步。 近期，X平台Semi-retired-ing透露，三星将在即将发布的Galaxy S26系列上准备一套能够在本地运行的大模型，用于实现大部分AI功能。这套大模型甚至拥 有高级权限，能在必要时清除内存，留出更多空间，以确保随时响应用户的需求。 （图源：Oneleaks） 实际上，三星在2023年就曾展示过一套名为"高斯"的本地大模型，也曾被指出这套模型已经在Galaxy S25系列里预装。但不知出于何种原因，三星一直在力 推Google的Gemini，几乎未再提及"高斯"。直到近期，三星的本地大模型才被重新提及。 在大多数厂商仍然以云端为主的阶段，三星为何要尝试把模型真正放进手机里？是希望通过这种方式"弯道超车"？还是移动端已经拥有了本地部署大模型的 能力？无论答案是 ...

图片来源：AI生成 上个月，埃隆·马斯克（Elon Musk）在知名视频播客节目《乔・罗根体验》（The Joe Rogan Experience）中说，未来5到6年内，人们所熟知的传统智能手机 及独立的手机应用程序将会消失。 未来的设备将不再是独立的智能终端，而会成为一个"AI推理的边缘节点"，它主要承担显示、音频播放和网络通信的功能，复杂的思考和生成任务将由云端 AI与本地AI协同完成。 马斯克话音未落，大洋彼岸关于AI手机的生态之战就已经悄然打响。 12月初，豆包联合中兴推出努比亚M153工程机，被称为"豆包AI手机"，原价3499元，首批3万台已售罄，在二手平台该手机全新未拆封版本报价3999到4999 元不等，最高报价炒至3.6万元，甚至还衍生出日租金50到79元不等的短期租赁业务。 事实上，AI手机并不是什么新概念。早在2017年前后，三星、苹果、华为、小米等头部厂商就已提出"AI手机"的概念，并推出过相关机型。 但早期手机厂商的AI功能多聚焦在单点辅助。比如，苹果曾提出的AI手机概念，包含让Siri制定旅游计划、订机票等，但国行机型相关功能迟迟未落地，且 首版AI Siri表现未达预期。 其他厂 ...

Core Viewpoint - The article emphasizes the importance of self-developed IP as a core pillar in the "AI Arm CHINA" strategy, highlighting the launch of two significant products, "Zhouyi" X3 NPU IP and "Xingchen" STAR-MC3 CPU IP, which mark the implementation of the company's "All in AI" product strategy [1][6]. Group 1: Product Innovations - The "Zhouyi" X3 NPU IP addresses key pain points in edge AI models, overcoming traditional NPU challenges such as low efficiency and poor adaptability through a hybrid DSP+DSA architecture, achieving a single cluster computing power of 8-80 FP8 TFLOPS and a single-core bandwidth of 256GB/s [3][5]. - The "Xingchen" STAR-MC3 CPU focuses on democratizing AI in the AIoT sector, enhancing AI computing performance in low-power IoT devices, enabling local facial recognition in smart locks with a response time under 300 milliseconds and a power consumption of only 60% compared to traditional solutions [6][8]. Group 2: Technical Advancements - The "Zhouyi" X3 features multiple technical innovations, including a shift from fixed-point to floating-point calculations, supporting mixed precision modes to reduce bandwidth consumption, and a self-developed WDC hardware decompression engine that provides an additional 15% equivalent bandwidth [5][8]. - The company has established a comprehensive R&D capability since the NPU team was formed in 2018, ensuring 100% local development and delivery, while also collaborating with top domestic universities for cutting-edge technology advancements [8]. Group 3: Market Impact - The implementation of self-developed IP has shown significant market results, with a smart automotive client reducing ADAS system environmental perception latency from 50 milliseconds to 15 milliseconds and achieving a 40% reduction in power consumption [9]. - The self-developed IP serves as a crucial link between global technology and local demand, leveraging Arm architecture's efficiency while adapting to the Chinese market's needs, thus facilitating AI penetration across various industries [9].

Core Insights - The 8th China International Import Expo officially opened in Shanghai, showcasing a variety of innovative products that integrate artificial intelligence and cutting-edge technology [1] - The exhibition features 461 new products, technologies, and services, highlighting significant global technological innovations [1] Industry Developments - The exhibition transformed halls 3 and 4 into a platform for global "black technology" debuts, presenting a vision of future living [1] - AI technology is increasingly being applied in various industries, with mature applications of edge large models and AI terminal products such as AI glasses, AI PCs, and robotic dogs becoming part of daily life [1]

Core Insights - The domestic smartphone market is experiencing a peak period ahead of the "Double 11" shopping festival, with vivo launching its new flagship X300 series on October 13, featuring significant upgrades in various technological aspects [1][3]. Group 1: Product Features and Innovations - The vivo X300 series introduces four major upgrades under the "Blue Technology" framework: Blue Crystal Chip Technology Stack, Blueprint Imaging, Blue Ocean Battery System, and Blue River Operating System [3]. - The X300 series is the first to feature the Dimensity 9500 flagship chip and includes the self-developed Blueprint Imaging chip V3+, which enhances image processing capabilities [3][5]. - The X300 Pro is highlighted as the "Image King," featuring a new 85mm Zeiss 200MP APO super telephoto system, while the X300 is referred to as the "Image Little King" [9]. Group 2: AI and Operating System Integration - vivo's OriginOS 6, which integrates AI deeply with the operating system, aims to provide a personalized smart experience for users, functioning as a "VIP personal assistant" [1][12]. - The operating system has undergone significant enhancements, including the "Blue River Smooth Engine" technology, which improves performance and integrates with Apple's ecosystem [10]. - vivo's strategy emphasizes the importance of AI in operating systems, with predictions that by 2025, one-third of global smartphone shipments will support Generative AI [12][14]. Group 3: Market Position and Future Outlook - vivo's advancements in AI and imaging technology position it competitively within the smartphone market, aiming to redefine user experience through personalized services and enhanced imaging capabilities [1][12]. - The company is focused on creating a seamless integration of AI capabilities in smartphones, which is expected to drive user engagement and satisfaction [13][14].

Core Insights - The global and Chinese PC markets are experiencing sluggish growth due to macroeconomic downturns and weak consumer demand, prompting PC manufacturers to seek new growth points through product innovation and technology integration [1] - The rapid integration of AI large models with PCs is seen as a new opportunity for the global PC market, with AI PCs becoming ideal platforms for running these models [1] - The AI PC market is projected to grow significantly, with a compound annual growth rate (CAGR) of 44% from 2024 to 2028 according to Canalys [6] Chapter Summaries Chapter 1: AI PC Industry Macro Environment - AI PCs exhibit unique characteristics and advantages that differentiate them from traditional PCs [2] - The development history of AI PCs highlights the evolution of technology and market demand [2] - The market size for AI PCs is experiencing explosive growth, with significant increases in shipment volumes for major brands in early 2025 compared to 2024 [6] Chapter 2: AI PC Industry Chain Analysis - The hardware layer of the AI PC industry chain includes key areas such as chips, storage, and cooling modules, with a focus on CPU+GPU+NPU architectures [7] - The software layer is primarily focused on AI-enabled applications and native AI software [7] Chapter 3: AI PC Application Scenarios and Downstream Customer Demand - User research indicates a high level of interest in AI PCs, with 53% of surveyed users expressing a clear need for AI PC products [8] - The research covers user demographics, awareness of AI PCs, and preferences for product features [8] Chapter 4: AI PC Product Evaluation - Evaluations of specific AI PC models, such as Lenovo ThinkPad X9 14 and Lenovo Xiaoxin Pro16c AKP10, focus on various performance metrics [9] Chapter 5: Future Development Trends in the Industry - The hardware landscape is shifting towards heterogeneous solutions like CPU+NPU+GPU, with a surge in demand for DRAM storage [10] - The software landscape will see a rise in both traditional applications transitioning to AI and the emergence of AI-native applications [10] - Future AI PC products will be categorized into high and low AI computing power segments, with evolving business models and tighter collaboration within the ecosystem [10]