Summary of Conference Call Notes Company and Industry Overview - The focus is on a leading SoC (System on Chip) chip company that benefits from the rapid development of AI at the edge, with products widely used in TWS (True Wireless Stereo) earbuds, smartwatches, smart glasses, and smart speakers [1][2] Key Points and Arguments 1. **Market Growth**: The TWS earbud market is experiencing steady growth, while the smart watch and smart glasses markets are expanding further. The company's products are extensively applied across various terminals including TWS earbuds, smartwatches, smart glasses, and smart speakers [2][4] 2. **Diverse Clientele**: The company's downstream clients include major global Android smartphone brands such as Samsung, OPPO, and Huawei, as well as professional audio manufacturers like Harman, Anker Innovations, and Edifier. Additionally, internet companies like Alibaba, Baidu, ByteDance, and Google, along with home appliance manufacturers like Haier and Hisense, are also part of the client base. The BES2700 series wearable main control chip has been successfully integrated into products like OPPO Enco X3 and ByteDance's OlaFriend [2][4] 3. **AI Glasses Development**: The company is witnessing rapid development in AI glasses, with the new generation of smart wearable chip BES2800 achieving mass production. This chip utilizes advanced 6nm FinFET technology and has been adopted in various projects involving clients' earbuds, smartwatches, and smart glasses. The company's smart wearable main control chip has been applied in MYVUAR glasses. Furthermore, according to WellsennXR, the Xiaomi AI smart glasses' auxiliary chip is equipped with the Hengxuan BES2700 chip, valued at 7 USD [2][4] Additional Important Information - The company is recognized as a leader in ultra-low power computing SoC chips, indicating a strong position in the market [4] - The report highlights the importance of the AI edge development in driving the demand for the company's products, suggesting a favorable market environment for future growth [1][2] - The conference call notes also include insights into the broader industry trends and competitive landscape, emphasizing the company's strategic partnerships and technological advancements [5]