一位业内人士表示："由于人形机器人的商业化仍需时日，LG电子从研发阶段就开始使用自主研发 的芯片。"他还补充道："这款新开发的芯片在设计之初就考虑到了未来在LG人形机器人上的应 用，并有望发展成为专用的人形机器人半导体。" 如果您希望可以时常见面，欢迎标星收藏哦~ 时隔两年，LG电子将推出一款全新自主研发的半导体芯片。据业内人士12月28日透露，该公司已 完成其自主研发的家用电器芯片DQ-C2的设计，并正在准备量产。DQ-C2是LG电子自主研发的第 三款半导体芯片。该芯片将由全球最大的半导体代工厂台积电负责生产。 自2022年以来，LG电子一直在自主研发半导体，以最大限度地提升其家用电器的性能。2022年发 布的DQ-1芯片应用于LG的"可升级家电"产品，使消费者即使在购买后也能通过网络连接持续升级 产品功能。去年发布的DQ-C芯片旨在增强家用电器的AI能力，以应对AI家电的蓬勃发展。与前代 产品相比，新款DQ-C2芯片增强了内存功能和AI运算能力，并提升了中央处理器（CPU）性能， 从而支持扫地机器人等产品的复杂AI计算，显著提升了AI性能。 随着人工智能家用电器技术的飞速发展，LG电子研发出这款新型芯片。 ...

Group 1 - The "warm economy" is emerging as a significant driver of seasonal consumption, focusing on warmth, health, and comfort as core demands [1] - The cold weather has boosted dining consumption themed around "warmth," with hot pot and barbecue leading the demand. Online transaction volume for hot pot dining has increased by over 330% compared to the same period last year [1] - There is a growing consumer preference for health-oriented hot pot options, such as black goat hot pot and mushroom hot pot, with online transaction volumes for these categories increasing by over 70% year-on-year [1] Group 2 - Heating appliances have become one of the fastest-growing categories, with warm air heaters' GMV increasing by 144.94% and heated blankets' GMV rising by 127.34% in November [2] - The demand for high-quality warming products is increasing, with down jackets' GMV growing by 17.63% and goose down products seeing a remarkable GMV increase of 264.73% [2] - The ongoing rise of the "warm economy" reflects a clear trend towards healthier, more comfortable, and smarter consumption concepts [2]

Investment Rating - The industry investment rating is maintained as "Positive" [4] Core Viewpoints - The continuation of national subsidies is expected to stimulate consumption potential on both supply and demand sides, with stable white goods production planned for Q1 2026 [2][3] - The "Two New" policy is optimized and extended, which is anticipated to activate greater consumption potential in the home appliance sector [6] Summary by Relevant Sections Domestic Sales Outlook - The effect of national subsidies is expected to improve domestic sales conditions in Q1 2026 after the arrival of subsidy funds, despite a marginal slowdown in the subsidy effect [3][6] - January 2026 white goods production data shows a total of 34.53 million units, a 6% increase year-on-year, with variations in production across different product categories [6] Investment Recommendations and Targets - Investment suggestions include focusing on leading companies with higher operational efficiency and mature overseas production layouts, which are seen as stable choices for investment [3] - Key stocks to consider include Midea Group (000333, not rated), Haier Smart Home (600690, not rated), and Hisense Visual (600060, increase holding) [3] - The long-term focus on overseas expansion is highlighted, with expectations for a valuation switch in 2026, particularly for Stone Technology (688169, not rated) [3] - Companies with stable core business performance and potential for a second growth curve, such as Anfu Technology (603031, not rated), are also recommended [3]

Core Viewpoint - The article highlights Haier's successful growth in the Thai market despite a challenging international trade environment, emphasizing the company's strategic focus on localization and user-centric product development [2][10]. Group 1: Company Performance - Haier's overseas market revenue grew by 10.5% in the first three quarters of 2025, with Southeast Asia seeing over 15% growth [3]. - In the Thai white goods market, Haier achieved a 29% growth while the overall market declined by 4.9%, making it the leading brand in Thailand [3]. - The company has established a significant market presence in Thailand over 23 years, overcoming initial brand recognition challenges [6]. Group 2: Strategic Development - Haier's strategic evolution in Thailand can be divided into three phases: exploration (2002-2007), localization (2007-2020), and brand premiumization (2020 onwards) [7]. - The acquisition of Sanyo's white goods division in 2007 marked a turning point, allowing Haier to implement a localized strategy in R&D, manufacturing, and marketing [7]. Group 3: Market Potential - The Thai market is viewed as a strategic hub for Haier due to its large domestic demand and favorable geographic location [5]. - There remains significant potential for growth in understanding user needs and improving market share in retail outlets [9]. Group 4: Competitive Landscape - Despite intense competition from Japanese, Korean, and other Chinese brands, Haier maintains a focus on user-centric strategies and product differentiation [10]. - The company aims to expand its market presence beyond major cities like Bangkok, targeting rural areas with a comprehensive distribution strategy [11]. Group 5: Brand Perception - Consumer perceptions of Chinese brands are shifting from "value for money" to recognizing the technological advancements and differentiated product offerings [12]. - Haier's high-end products, such as the L+ series washing machine priced at 90,000 Thai Baht, demonstrate the brand's ability to compete at premium price points [11]. Group 6: Future Outlook - Haier plans to enhance its brand recognition and user engagement through deeper interactions and a focus on high-end product development [14]. - The company emphasizes the importance of a localized supply chain to adapt to external market changes and support both local and export demands [13].

格隆汇12月29日｜据智通财经，财政部日前明确明年消费品以旧换新"国补"继续。采访获悉，近两年国 补效应显著。ST易购透露，今年以来，苏宁易购渠道以旧换新订单销售占比超7成，家电消费结构持续 向绿色化、智能化、高端化升级。晶科电子股份、博西家电等企业均表示，国补显著提高中高端品类销 售比例。 ...

财政部日前明确明年消费品以旧换新"国补"继续。记者采访获悉，近两年国补效应显著。ST易购透 露，今年以来，苏宁易购渠道以旧换新订单销售占比超7成，家电消费结构持续向绿色化、智能化、高 端化升级。晶科电子股份、博西家电等企业均表示，国补显著提高中高端品类销售比例。(智通财经 陆 婷婷) ...

为纪念中国与沙特阿拉伯建交35周年以及中沙人文交流年，由国家广播电视总局、上海市广播电视局指 导，上海广播电视台真实传媒有限公司敖雪工作室承制的中沙合作纪录片《未来之路》（1集*31分钟） 即将于12月30日晚10：00在东方卫视《新纪实》时段首播。 纪录片《未来之路》是2023年第六届中国-阿拉伯国家广播电视合作论坛合作项目，并入选国家广电总 局"丝绸之路视听工程"。 该片以沙特"2030愿景"为指引，聚焦两国在绿色低碳、经贸投资、文旅时尚等领域的双边合作与交流， 全方位地展现了中国是如何成为沙特"2030愿景"最信赖的、最可靠的合作伙伴的。 聚焦两国重点发展战略，探寻区域合作发展新路径 中沙两国都肩负着民族复兴的历史使命。2016年沙特王储穆罕默德·本·萨勒曼提出了"2030愿景"，旨在 摆脱石油依赖、实现经济多元化、重塑社会结构并提高其全球经济地位。《未来之路》聚焦两国未来发 展规划，将沙特"2030愿景"与中国"十五五"规划战略深度对接，通过真实案例探寻区域合作发展新路 径。 在绿色转型发展方面，长期依赖石油资源的沙特正在向着双碳目标迈进，这与中国的绿色发展理念不谋 而合。沙特有着得天独厚的太阳能资源 ...

Core Insights - The article emphasizes that AI is entering a critical phase of competition between China and the US, with both countries focusing on their unique strengths in computing power and supply chain capabilities to define their own "Industrial 5.0" [5][6] - It highlights 2025 as the "Year of the Intelligent Agent," where AI evolves from a mere tool to a digital counterpart capable of task execution, leading to a significant reduction in entrepreneurial barriers and the emergence of a new wave of startups [6][30] - The article discusses the importance of AI in transforming various industries, with a focus on the integration of AI into everyday business practices and the potential for significant economic growth [28][64] Group 1: AI Competition Landscape - The competition in AI is characterized by a bipolar structure between China and the US, with the US investing over $350 billion in AI infrastructure by 2025, while China is projected to invest 630 billion RMB [46][49] - The article notes that the US holds 74.5% of global computing power, while China accounts for 14%, indicating a significant disparity in resources [49] - The future of AI is seen as a race between the two nations, with both focusing on different paths: the US on closed-source models and China on open-source models [60][61] Group 2: AI Applications and Innovations - The article outlines the emergence of various AI applications across industries, such as AI-driven banking solutions that cater to elderly customers, showcasing how AI can enhance user experience [81][98] - It highlights the rapid growth of AI in content creation, with AI-generated media becoming a significant part of the cultural landscape, particularly in sectors like AI comics, which saw a 600% increase in production [73][78] - The integration of AI into supply chain management is exemplified by companies like Xiamen Guomao, which is developing AI-driven decision-making tools for commodity trading [85][88] Group 3: Intelligent Agents and Future Trends - The concept of "Intelligent Agents" is introduced as a transformative force in personal and professional settings, with AI tools enhancing productivity and efficiency [99][100] - The article discusses the potential for AI to redefine personal capabilities, suggesting that skills may need to be re-evaluated in the context of AI advancements [78] - It predicts that the next decade will see the rise of four trillion-dollar markets in China, including the robotics sector, which is expected to play a crucial role in the future of manufacturing [124][126]

Group 1 - The Guangdong Winter Consumption Promotion and New Year Goods Festival was launched on December 26, 2025, by the Guangdong Provincial Department of Commerce and Yangjiang Municipal Government [1] - The "Guangdong Quality Purchase" activity will enter its second phase on January 1, 2026, featuring four categories of new consumption vouchers: automotive, home appliances, electronics, and local specialty products [1] - The event aims to stimulate consumer spending and signal Guangdong's commitment to boosting consumption and stabilizing economic growth, targeting the peak consumption seasons of New Year and Spring Festival [1] Group 2 - Yangjiang launched a series of activities including "Moyang Products Happiness Purchase" and "Yue Enjoy Warm Winter Yang Goods Purchase Tide" [2] - The event introduced shopping, food, and tourism maps that cover 62 unique consumption scenarios, 15 local delicacies, and 7 premium tourism routes, enhancing consumer experience [2] - The initiative encourages consumers to explore local products, taste regional flavors, and enjoy coastal scenery in a one-stop shopping experience [2]

Core Viewpoint - Haier Smart Home was awarded the "2025 Most Globally Influential Enterprise Award" at the "2025 Securities Market Annual Conference" for its contributions to the stable operation and high-quality development of the capital market [2] Group 1: Company Achievements - Haier Smart Home has established a "three-in-one" operational system covering localized research, manufacturing, and marketing, with operations in over 100 countries and regions, 24 industrial parks, 5 R&D centers, and 66 trading companies [2] - The company has maintained its position as the world's largest home appliance brand in retail volume for 16 consecutive years, with its refrigerator and washing machine brands ranking first globally for 17 and 16 years respectively [2] - In 2024, Haier Smart Home's revenue in the Indian market surpassed $1 billion for the first time, marking a year-on-year growth of over 30% [3] Group 2: Technological Innovation - Haier Smart Home holds 23,334 patents in the smart home sector, ranking first in the industry, and has invested over 10 billion yuan in R&D in 2024, focusing on cutting-edge areas such as home service robots and low-power chips [4] - The company has received national recognition for several core technologies, including full-space preservation technology and bottom-placed constant temperature refrigeration technology, which have significantly improved user experience and energy efficiency [4] Group 3: Brand Development - Haier Smart Home has developed a global brand matrix covering various market segments, including Haier, Casarte, Leader, GE Appliances, Candy, Fisher&Paykel, and AQUA, with Casarte maintaining industry leadership for nine consecutive years [4] - In 2024, Casarte's retail revenue grew by 12% year-on-year, while Leader brand's retail revenue increased by 26%, indicating a continuous optimization of brand structure [4] Group 4: Digital Transformation and Sustainability - The company has implemented a digital transformation strategy centered around the "Three Wings Bird" platform, providing over 600 million smart living services monthly to 540,000 families in China [5] - Haier Smart Home emphasizes green and low-carbon practices, with over 90% of its products achieving first-level energy efficiency, contributing to global energy conservation and sustainable development [5] Group 5: Future Outlook - The company aims to embrace AI technology and deepen its focus on the smart living sector, aspiring to become a world-class smart living ecosystem enterprise with exceptional efficiency and experience [5]