Tariffs, [music] I think, are probably the first time in my career I've had to deal with like a fundamental change in government [music] policy in terms of how we think about how markets work. >> The challenge, especially within my supply chain, is now how do you have enough productivity initiatives to offset the the increased cost of of all the product. >> Can you just move your >> supply chain out of China and into the US or out of Mexico and up to Canada.Is it that easy. It's not that easy, but we do hav ...

文 | 洞见新研社 399元的华为AI玩具"智能憨憨"在Mate80发布会上亮相后迅速售罄，其预售首周即突破10万台的成绩， 将一个由代码编织温暖的AI玩具赛道再次推进到公众视野。 "智能憨憨"的热销不仅印证了市场对情感交互类AI玩具的旺盛需求，更应对了国家政策对玩具产业升级 的窗口红利。 工信部不久前的新闻发布会上，消费品工业司司长何亚琼发布了这一数据，"2024年我国AI玩具市场规 模约246亿元，预计2025年全年将增至290亿元"，与此同时，工信部在相关发布中，首次将"AI玩具"明 确定位为驱动产业升级的新增长引擎，并鼓励玩具企业和AI技术企业强强联合。 政策利好与市场热情的双重共振下，AI玩具行业正迎来前所未有的发展机遇，但热潮背后的产业进化 逻辑、现存挑战与未来方向更值得深入剖析。 01 规模激增与多元生态 工信部数据显示，2024年我国国内市场玩具零售总额达978.5亿元，比2020年增长25.5%。AI玩具作为新 兴品类，正成为推动行业增长的重要引擎。 何亚琼在发布会上指出，人工智能及大模型的应用为玩具产品注入新灵魂，显著提升玩具产品交互体 验，能互动、能养成、有性格、有记忆的AI玩具深受年轻 ...

Well, with China long a world manufacturer of toys, it's no wonder that companies are pumping out play things embedded with AI. >> Whether AI is in a bubble >> officially is a bubble. >> It seems everyone is talking about AI these days, even Ultra Man.Do you think that Wall Street should be worried about an AI bubble. >> The AI market has been on a wild ride lately. If investors pour too much money into unproven ideas without solid fundamentals, it could lead to a bubble burst.>> The AI toy is made by Chine ...

The former adult education company has transformed to a pop toy maker, reporting its revenue from that business rose sharply in its latest quarterKey Takeaways:Here Group's revenue nearly doubled sequentially in its latest reporting quarter through September, as it ramps up its recently acquired pop toy businessThe company's stock currently trades at a P/S ratio of just 2.5 using projected sales for this year, less than a quarter of the 10.3 for collectible toy sensation Pop MartWatch out, Labubu. Wakuku is ...

So today, what is your biggest single challenge as the CEO of this important toy company. What is your biggest worry every night when you go to sleep. I'm worried mostly about missing opportunities.There are so many opportunities out there, especially given the strength and appeal of our brands that priority prioritization becomes a key part of what we do. And you always think about how do we not miss on so many opportunities in front of us. There is so much to play with and so much to play for.The value cr ...

Market Performance - The market opened high on December 8, with the Shanghai Composite Index rising by 0.54%, the Shenzhen Component Index increasing by 1.39%, and the ChiNext Index up by 2.6% [1][2] - The total trading volume in the Shanghai and Shenzhen markets reached 2.05 trillion, an increase of 312.7 billion compared to the previous trading day, with over 3,400 stocks rising [1] Sector Highlights - The Fujian sector saw a significant surge, with Anji Food achieving five consecutive trading limits, and over ten stocks including Shuhua Sports and Fujian Jinsen hitting the daily limit [3] - The AI industry chain is experiencing continuous catalysis, with companies like Tianfu Communication and Guangpu Technology seeing stock prices rise over 10% [6] - The commercial aerospace concept remains strong, with Shunhao Co. achieving six trading limits in seven days, and Longzhou Co. hitting four consecutive limits [7] Pharmaceutical Sector - The pharmaceutical sector showed strong fluctuations, with multiple stocks rising over 10% following the announcement of the updated national medical insurance directory, which now includes 3,253 types of drugs [9][10] - Sixteen A-share listed pharmaceutical companies reported that their products were included in the national medical insurance directory or the innovative drug directory [10] Consumer Sector - In the Hong Kong market, consumer stocks experienced a downturn, with Pop Mart dropping nearly 9% and several related stocks declining over 3% [11] - Deutsche Bank noted that Pop Mart is increasing production capacity significantly, which may indicate a potential decline in brand heat due to mass production [12]

Pop Mart shares dropped the most in over six weeks amid renewed concern over the Chinese toymaker’s US sales growth momentum https://t.co/oxo22Fmd6d ...

Core Insights - The AI toy market is experiencing significant growth, with major companies like Huawei, JD.com, UBTECH, and Honor actively entering the field [2][3][5] Group 1: Market Dynamics - Huawei's first AI emotional companion toy, "Smart Hanhai," was launched at a price of 399 yuan and sold out immediately, indicating strong consumer demand [3][4] - The product remains out of stock as of December 7, with resale prices on second-hand markets reaching 499-559 yuan, reflecting a premium of 25%-40% [4] - The interest in "Smart Hanhai" spans various demographics, including parents, Gen Z consumers, and individuals seeking companionship for the elderly [4] Group 2: Competitive Landscape - Other major players in the AI toy market include JD.com, UBTECH, Honor, and China Telecom, all of which have launched or are developing AI toys [5][6] - Traditional toy manufacturers and startups are also entering the AI toy space, with companies like Dongguan Junou and Shenzhen Quchao launching their own AI toy products [6] Group 3: Market Potential - The AI toy market is projected to grow significantly, with an estimated market size of 290 billion yuan by 2025, up from 246 billion yuan in 2024 [7] - The growth is driven by the increasing demand for educational and companionship features in toys, as well as rapid advancements in AI technology [7]

going back into countries where we've been. >> Yeah. >> Like Denmark or Germany, which we just launched a brand new store.It's in Germany is probably, you know, it's more of a actually more of a toy ccentric market and definitely a teddy bear market. Okay. So, I mean, just we I said to someone earlier today, I'm like, "It's a bear market." I mean, no, no, I didn't mean that. I didn't mean that at all.So, but but there's a teddy bear market that we had lines around out and around the corner in both of these ...

商报记者 黄诗睿 一代人有一代人的核桃要盘，曾经流行于中老年群体的"盘串""盘核桃"，如今以更具设计感、更贴合年 轻人的形式进入大众视线。眼下，以捏捏乐、扭扭乐、指尖陀螺等为代表的指尖解压玩具悄然走红，成 为"情绪消费"崛起的下一个引人注目的细分市场。 记者了解到，指尖解压玩具作为解压玩具的品类之一，主要指通过手指操作来缓解压力、放松身心的小 型玩具，如可通过揉捏拉伸的捏捏乐，或能扭转变换造型的扭扭乐。在社交平台上，其热度堪称"玩具 界顶流"。数据显示，相关话题在小红书、抖音的阅读量分别超过60亿和400亿人次，远超拼图、积木等 传统玩具。 值得注意的是，这一市场内部已显现出清晰的性别消费分化。捏捏乐、扭扭乐等造型可爱、触感柔软的 玩具更受女性消费者青睐。以知名外国品牌Tangle为例，其扭扭乐产品今年3月入驻国内电商平台，半 年内销量即突破40万单，销售额超2000万元。 然而，乐于花大价钱购买的消费者只是少数，对于大部分消费者而言，这些动辄上百上千元的解压玩具 还是太贵，这就为不少商家提供了机会。记者了解到，除品牌官方渠道外，在拼多多、淘宝、小红书等 平台，众多个体商户销售的解压玩具销量惊人，部分甚至超过 ...