海信与世界杯的合作渊源深厚，早在2018年俄罗斯世界杯期间，海信就成为FIFA官方赞助商，这是首 家赞助世界杯的中国消费电子品牌。随后在2022年卡塔尔世界杯上，海信继续担任官方赞助商，品牌知 名度在全球范围内获得显著提升。这种长期稳定的合作关系使海信成为全球体育营销中的中国代表性企 业，也为双方在技术创新和市场拓展方面创造了更多协同机会。 在本届CES展会上，海信重点展示了其在显示技术领域的最新突破，正式发布了全新一代RGB-Mini LED显示技术。作为该项技术的开创者，海信通过光源、芯片、色彩管理系统的全方位进化，将电视色 域突破至110% BT.2020行业新峰值，光色同控精度提升至行业最高134bits。 专题：2026年度国际消费电子展(CES) 新浪科技讯 国际足联主席詹尼·因凡蒂诺今天现身2026年CES消费电子展，特别拜访了海信集团的展 台，与海信CEO兼总裁于芝涛展望了今年世界杯的合作。 这次高规格的访问不仅展示了国际足联与海信之间的深厚合作关系，也凸显了中国科技企业在全球体育 营销领域的影响力。因凡蒂诺在展台现场与于芝涛等海信高管进行了深入交流，并体验了海信展出的最 新电视和显示技术产品 ...

从事件发酵到公布结果，短短一天内，小米就果断终止了与涉事博主的合作，随后24小时内更公布了一份极具警示意义的内部分处理结果。 这次，涉事负责经办人员直接被辞退，两名高管被被扣除全年奖金及绩效，按该级别待遇估算，个人经济损失或达百万元级。 一起涉及KOL合作的舆情事件，在小米内部引发了一场雷霆级别的整肃风暴。 但与此同时，被处罚的还有两名高管，集团副总裁兼CMO许斐和集团公关部总经理徐洁云承担管理失职责任，予以通报批评，扣除2025年相关绩效成绩， 并取消2025年度奖金。 这场处理之所以引发广泛关注，既因其决策之快、处罚之重，更因其清晰传递出一个不容置喙的信号，就是在小米，价值观始终都是高压线，触碰者无论层 级高低，都将付出巨大代价。 据说相关KOL与小米并无年框合作，事件的尖锐性在于一名持续十余年、以系统性负面言论著称的博主，竟被经办人安排参加了两次极具战略意义的新品 发布会。 这对于"米粉"而言，无异于是一种情感背弃与信任伤害，所以瞬间引发了舆论海啸。 雷军则在这次事件中展现出了坚决的态度，就是对于价值观不符的人，坚决不会用。 但这并非一次普通的工作失误，而是对小米核心用户情感与企业价值观的严重背离，所以 ...

Group 1 - The core theme of CES 2026 is the practical application of AI with a focus on "human-centered" technology, attracting over 4,500 companies from more than 150 countries, including around 1,400 startups, and covering an exhibition area of 2.6 million square feet [3] - AI has transitioned from being a mere showcase tool to a fundamental component in various smart hardware, including humanoid robots, smart glasses, smart appliances, AI smartphones, AI toys, and smart electric vehicles, indicating a significant shift in industry trends [1][2] - The presence of AI in nearly all hardware products at CES 2026 signifies an irreversible trend, with AI now playing a crucial role in decision-making processes across various sectors [2] Group 2 - Chinese companies have become a focal point at CES 2026, with 207 Chinese enterprises participating, covering a net exhibition area of over 4,900 square meters, showcasing their global industry leadership [4] - A notable trend is the increased participation of electronic supply chain companies at CES, demonstrating their capabilities in AI hardware manufacturing, assembly, and solutions, reflecting a shift in the industry's landscape [6] - Companies like Lingyi iTech and OFILM are using CES to showcase their advanced optical solutions and comprehensive services for humanoid robotics, indicating a strategic move towards global market engagement [6]

Core Insights - The company aims to transform AI technology from a "tool" to a "partner" by integrating it into various industries, enhancing digitalization and efficiency [1][2] - AI is becoming a fundamental resource in daily life, similar to electricity and water, and companies must adapt to avoid falling behind [2][7] Company Development - Founded in 2002, the company has evolved from providing basic terminal solutions to becoming a leader in the smart terminal industry, focusing on customized solutions [2] - The company has transitioned from a single product line to a diversified ecosystem, becoming a key player in the global "AI + terminal" application ecosystem [2][4] Product Features - The company's products are designed to be user-friendly, allowing for natural interaction without requiring extensive user training [3] - The AI Edge Server Open Framework (AESOF) is developed to create a comprehensive technical system that supports AI applications across various industries [4] Strategic Initiatives - The company is building its own smart factories to ensure quality and delivery speed, which is crucial for the engineering and large-scale delivery of AI products [5] - The focus is on creating a "neural hub" for smart systems, enabling efficient and low-cost AI technology integration across various devices [4][5] Market Trends - The consumer electronics industry is rapidly evolving, with a shift from "App economy" to a more powerful "AI intelligent economy" expected in the next decade [7] - The company is expanding its product matrix to include AI PCs, AR/VR, and smart wearables, targeting multiple scenarios such as personal, family, enterprise, and industrial applications [7]

Core Viewpoint - The article emphasizes the importance of expanding high-level opening-up, promoting integrated trade and investment, and enhancing cooperation in various fields to achieve win-win outcomes in foreign trade and investment. Group 1: Company Developments - Samsung Electronics has begun mass production of ultrasound machines at its Suzhou factory, marking a significant reinvestment to embrace China's high-level opening-up opportunities [1][3] - Samsung Madison, a subsidiary focused on high-end ultrasound diagnostic equipment, is transitioning from importing complete machines to assembling them locally in Suzhou, aligning with China's push for domestic production in the medical device sector [3] - The Suzhou factory has become Samsung's only overseas home appliance R&D center, showcasing a complete capability from R&D to high-end manufacturing [3] Group 2: Operational Efficiency - The production efficiency at Samsung's Suzhou factory is highlighted, with refrigerators being produced every 16 seconds and washing machines in under 10 seconds, supported by a robust local supply chain [3][5] - The proximity of the Suzhou Industrial Park to the Suzhou Port enhances logistics efficiency, allowing for lower transportation costs and environmental benefits, which is a competitive advantage for Samsung [5] Group 3: Investment and Economic Environment - The Suzhou Industrial Park is a key area for cross-border investment in China, having attracted over 5,200 foreign projects and utilized more than $42 billion in foreign capital [6] - The park has become a hub for multinational companies, with 79 provincial-level headquarters, representing nearly 20% of the province's total [6] - Jiangsu province is actively promoting trade and investment integration, aiming to stabilize foreign trade and attract foreign investment through various initiatives and events [7][9]

本报记者 贾丽 在拉斯维加斯会展中心，一台由中国企业制造的人形机器人正在精准拧紧螺丝；不远处，一名佩戴AI眼镜的参观者，正通 过虚拟手势与现实世界进行交互……这不是科幻电影的片场，而是2026年国际消费电子展（CES 2026）的现场。 对于中国科技企业而言，此次展会不仅仅是一次产品的集中展示，更是一场关于产业动能转换与全球化战略升级的深度路 演。 展示系统化能力 在系统级解决方案的构建上，中国企业正展现出平台级架构能力。长城汽车股份有限公司以全动力技术矩阵和VLA辅助驾 驶系统征战CES 2026，吉利汽车控股有限公司则聚焦"全域AI"技术体系，中国车企加速从传统汽车制造商向移动出行解决方案 提供商转型。 更深层次的变化在于，中国消费电子产业链上下游企业的参展逻辑已从单一产品的"炫技"，转向系统化能力的展示。蓝思 科技股份有限公司首次系统呈现了全栈式AI硬件生态布局；广东领益智造股份有限公司则展示了其全栈式机器人技术矩阵。这 些由点及面的跨越，显示出中国智造正从"规模优势"向"系统优势"迈进。 中国联合国采购促进会副秘书长宋嘉在接受《证券日报》记者采访时表示，中国科技企业在CES 2026上展现出的一个显著 ...

Core Viewpoint - The current overseas computing power valuation is reasonable with potential for upward revision, while domestic computing power has significant long-term growth potential and performance expectations are being met [1] Historical Analysis of Technology Bull Markets - The article reviews past technology bull markets (2009-2010 consumer electronics, 2013-2015 gaming, and 2019-2021 lithium battery) to analyze the price performance characteristics during valuation expansion and profit-driven phases, providing a historical reference for the current AI industry chain [2][8] Valuation Expansion Phase Characteristics - During this phase, new technologies emerge without profit support, and industry and policy catalysts create imagination space, driving up valuations. Historical data shows that: - High levels of industry crowding are common, but short-term trading crowding does not affect the overall trend [3][15] - Risk premium effectively measures valuation boundaries, with significant reactions to positive news diminishing when the risk premium falls below a certain threshold [18] - High valuation ranges are sensitive to liquidity changes, with tightening liquidity potentially triggering adjustments [3][18] Profit-Driven Phase Characteristics - In this phase, exceeding profit expectations drives market performance, with historical examples showing: - The need to be cautious of competitive pressures and valuation constraints under endgame thinking [4][21] - Overcapitalization during profit upturns can lead to increased competition and excess capacity, negatively impacting profitability [22][25] Investment Recommendations - Overseas Computing Power: Currently in the profit-driven phase, with ROIC expected to continue rising until Q3 2025, and leading companies' valuations (PE-FY3) are reasonable at 20-30 times, indicating no bubble [5][26] - Domestic Computing Power: Significant long-term growth potential exists, with performance expectations being met and a systemic decline in risk-free rates acting as a catalyst for the next market phase [5][28] - AI Applications: Valuation is attractive, particularly in the internet and media sectors, although the timing and areas for breakout applications are uncertain [5][29]

人民财讯1月6日电，1月6日，2026年国际消费电子展(CES)开幕，猎豹移动官微称，公司董事长兼CEO 傅盛将探访猎豹投资的亮亮视野与可以科技。据悉，亮亮视野带来新品AR智能眼镜LEION HEY2。可 以科技新产品LOONA Deskmate亮相。 ...

Market Overview - In December, the equity-like market transitioned from stability to volatility, with the Wind All A Index rising by 3.30% for the month and 27.65% for the year[12] - The market experienced a significant rebound starting December 17, following a brief dip on December 16, indicating strong market resilience[12] Structural Risks and Fund Sentiment - Structural risks have notably eased, with the concentration of trading volume below historical high levels, dropping to 41% on December 16[25] - Positive fund sentiment was reflected in a net inflow of 806 billion CNY into stock ETFs in December, second only to April's 1,825 billion CNY[35] Convertible Bonds - Convertible bond valuations have shown a significant upward trend, with the valuation center for bonds priced at 100 CNY rising by 2.40 percentage points to 35.77%[18] - The median price for convertible bonds is expected to remain in the 130-135 CNY range if the equity market maintains a strong oscillating pattern[4] Investment Strategy - The report suggests maintaining a bullish mindset, as the market is currently in a low implied volatility state, similar to conditions seen in July[75] - Historical trends indicate that year-end rallies often face resistance at previous highs, but successful breakouts can lead to substantial gains, as seen in 2014 and 2020[76] Risks and Considerations - The primary risk for convertible bonds lies in the potential weakness of the equity market, which could exert dual pressure on valuations and underlying stocks[63] - The report emphasizes the importance of monitoring equity market trends and expectations, as a sustained downturn could negatively impact convertible bond inflows[62]

他以此前发布的小米17 Pro所提及的"逆光设计目标"以及"超强钢"材料为例，解释这些描述基于当时真 实的技术水平——前者代表了行业领先的逆光拍摄能力，后者确为截至目前量产机型中强度最高的材料 之一。尽管技术参数属实，但因补充说明字体过小，影响了信息传达的清晰度和可信度。 据直播透露，自去年11月起，小米已组织多个相关部门协同优化宣传规范，并形成明确共识：今后所有 商务推广材料中的说明和注释内容，将尽可能采用更大字号呈现，提升可读性与透明度。 雷军在总结发言中表示，小字标注现象确实是行业中长期存在的弊端，小米对此已有深刻认识，并决定 即刻着手改进。他强调，企业必须在合法合规的前提下开展市场传播，若仅因合规表述的存在就将其定 性为虚假或过度营销，是对企业诚意的误解。 雷军同时坦言，小米作为一家成立仅15年的创业公司，发展历程中难免存在不足之处。公司将持续保持 开放态度，认真倾听用户反馈，感谢社会各界的关注与监督，并欢迎公众继续提出建议，共同推动产品 与服务的完善。 2026-01-04 01:42:50 作者：狼叫兽 1月3日晚，小米公司创始人、董事长兼首席执行官雷军通过直播形式与公众见面，迎接新年到来。直播 ...