深圳桑椹汽配科技有限公司在2017年开始出海，公司副总经理黎浩宇告诉智通财经，过去一年美国市场 保持稳健增长，动力之一来自"线下转线上"。随着跨境电商生态的完善，现阶段线下交易比重很高的一 些品类正逐步转移到线上，例如"大重件"。 智通财经记者 | 张熹珑 北美地区尤其是美国，是全球最大的汽配市场之一。尽管地缘政治、关税等原因带来不明朗因素，但广 东汽车零部件厂商仍在加速拓展该市场。 "我们今年3月份专门划了一个汽配团队负责美国市场，全年美国市场增长了超过两倍。"12月23日的 eBay 2025年度汽配卖家峰会间隙，深圳欣盛商科技有限公司CEO姜振阳接受智通财经采访时指出，一 方面由于本来美国业务体量不大，另一方面是因为关税劝退了一批卖家，但市场需求还在，反而形成利 好。 姜振阳在2009年入局跨境电商"倒腾"华强北电子产品，并在2012年成立公司，以消费电子起家，逐步拓 宽至汽车配件、电动工具、家居领域。欣盛商科技主营以多媒体播放器为代表的汽车电子件，预计明年 美国市场仍保持增长。 黎浩宇提到，美国汽车后市场会在线下的碰撞中心（Collision Center）进行，既需要买件，又需要另外 的人力服务安装 ...

格隆汇12月24日丨共达电声(002655.SZ)在互动平台表示，公司专注在声学领域的发展，mems麦克风， 扬声器、喇叭等都可以使用在相关终端产品中。公司目前还布局了车载无线充、车载USB充、汽车喇 叭、毫米波雷达模组等产品。 ...

（记者 张明双） 每经AI快讯，有投资者在投资者互动平台提问：请问公司在人形机器人语音交互中有什么布局，主要 合作对象有哪些？除了电声学以外公司还有其它方面的重要投资吗？ 共达电声（002655.SZ）12月24日在投资者互动平台表示，公司专注于声学领域的发展，MEMS麦克 风、扬声器、喇叭等都可以应用于相关终端产品中。公司目前还布局了车载无线充、车载USB充、汽车 喇叭、毫米波雷达模组等产品。 ...

【文/观察者网 熊超然】随着美国圣诞季的临近，圣诞礼物的抢购热潮正给远在数千公里之外的东南亚制造商带 来巨大压力。美国关税引发的供应链冲击，影响了从手套、耳机到玩具等各种商品的出口。 香港《南华早报》12月15日报道指出，美国关税波及的是整个东南亚地区的低成本出口国，这使得马来西亚、越 南、老挝、印度尼西亚等国更深地卷入了中美之间日益加剧的结构性竞争之中。由此产生的供应链紧缩，不仅推 动了美国节庆零售价格的上涨，也预示着东南亚在全球经济中的地位正发生更深刻的重组。 专家警告称，美国的关税和贸易施压使制造商陷入两难境地：一方面，他们需要依赖与中国相关的供应链；另一 方面，他们又需要确保向美国出口的商品不被视为"中国商品的转口"。 "各国面临着持续的压力，要在技术标准上选边站队，排除不信任的供应商，或加入友岸供应链合作团体。"马来 西亚思特雅大学金融学副教授廖志勇（Liew Chee Yoong）表示。 报道称，美国的新关税制度正式确立了分析人士所谓的"中国+1惩罚机制"——依赖中国零部件的出口商现在除了 基本关税外，还需缴纳40%的转运附加费。然而，完全脱钩几乎是不可能的，中国仍然为马来西亚和越南的出口 行业提 ...

经济观察网12月4日，商务部发布消息，2025年11月28日，巴西外贸委员会管理执行委员会(GECEX)在 官方日报发布2025年第817号决议，对自中国进口的扬声器(葡萄牙语名称：alto-falantes，南共市税号为 85182100、85182200和85182990)作出反倾销日落复审终裁，裁定对中国的涉案产品继续征收78.3%的反 倾销税，有效期为5年。决议自发布之日起生效。 ...

Core Insights - The AI smartphone market is on the verge of a large-scale explosion, with major manufacturers focusing on AI as a core selling point in new product launches [1] - Canalys predicts that by 2028, AI smartphones will account for 54% of the global market, with over 80% deployment rate of edge AI in high-end models [1] - The industry is witnessing a shift from feature stacking to deep scenario cultivation, transforming smartphones from "tool terminals" to "personal intelligent hubs" [1] Industry Trends - The competition is shifting towards specific scenarios such as AI image optimization in cameras and albums, enhancing user interaction quality as a core differentiator [1] - The collaboration within the supply chain is deepening, forming a value loop among large model manufacturers, terminal brands, and core component companies [1] Company Positioning - AAC Technologies (瑞声科技) is becoming a key support for AI functionality in mainstream smartphones, redefining the value of core component manufacturers in the smart terminal supply chain [1] - The company's microphone technology enhances AI voice interaction accuracy, with a high signal-to-noise ratio that significantly reduces voice recognition error rates [3] - AAC's speaker technology improves the clarity and naturalness of AI assistant feedback, creating a seamless interaction loop between voice input and output [4] Technological Innovations - The integration of precise linear motors for tactile feedback enhances the AI interaction experience, making virtual operations feel more tangible [5] - AAC's thermal management solutions ensure stable and smooth operation of edge AI functions, addressing overheating issues during high-frequency AI model usage [5] Market Expansion - The proliferation of AI smartphones is pushing core AI components from passive adaptation to active empowerment, as seen in collaborations like that of Doubao and ZTE [6] - AAC Technologies is expected to achieve over 50% annual revenue growth, reflecting its dual advantages in technology and market presence [6] AR Glasses Development - The smart glasses market is also experiencing rapid growth, with a projected 110% year-on-year increase in global shipments by mid-2025 [7] - AAC Technologies has announced the acquisition of Dispelix, a leader in AR diffractive waveguides, marking its transition from a component supplier to a full-chain solution provider in the XR field [7] Future Outlook - AAC Technologies is preparing for the upcoming "AI feast" by enhancing its technological innovations to provide top-tier AI agent experiences across various devices [10]

消息面上，据产业链消息，瑞声科技为豆包手机的扬声器和马达独家供应商，卡位语音交互、触感交互 等AI核心入口。豆包手机为字节跳动在AI硬件领域的首次公开尝试，具备视觉理解、图像创作、语音 交互等能力，可像人类操作手机完成复杂任务，其颠覆性的系统级AI整合与交互模式创新，受到市场 高度关注，或引发其他品牌升级热潮。瑞声科技此前已和海外多家大模型巨头深度绑定。 此外，10月iPhone在中国出货量较去年同期大增37%，市占率升至25%，为2022年以来首次。瑞声科技 是iphone 17Pro系列均热板等方案核心供应商，10月16日苹果公司COO考察了瑞声科技均热板模组工 厂。据行业消息，受益于AI手机对散热性能要求的提升，瑞声科技散热产品有望加速渗透到更多品类 产品。2025年出货量预计可达1.5亿件，销售收入今年预计翻三倍。 12月2日上午，瑞声科技(02018.HK)股价异动，涨幅超5%，最高飙升至7.2%；前一交易日该股已上涨 3.4%。 ...

Core Viewpoint - Huawai Technology experienced a decline of 5.09% on November 28, with a stock price of 20.87 CNY per share and a trading volume of 245 million CNY, resulting in a total market capitalization of 3.081 billion CNY [1] Company Overview - Guangdong Huawai Acoustic Technology Co., Ltd. is located in Zhuhai, Guangdong Province, and was established on June 24, 1997, with its listing date on July 21, 2017 [1] - The company's main business involves the research, production, and sales of various audio equipment and speakers [1] - Revenue composition includes: Home Theater Series 31.55%, Professional Audio Series 26.98%, Public Broadcasting Series 14.16%, Multimedia Series 9.43%, Development Services 7.87%, Others 5.25%, Speaker Series 3.51%, Car Audio Series 0.98%, and Headphone Series 0.26% [1] Fund Holdings - One fund under China Merchants Asset Management holds Huawai Technology as a top ten position, specifically the China Merchants Asset Management Zhida Quantitative Stock Mixed Fund A (021692), which held 10,800 shares, accounting for 0.98% of the fund's net value [2] - The fund has a current scale of 20.9076 million CNY and has achieved a year-to-date return of 30.45%, ranking 2314 out of 8127 in its category [2] - The fund manager, Fan Wanli, has been in position for 1 year and 66 days, with the fund's total assets amounting to 88.4458 million CNY [2]

Core Viewpoint - Company is currently not directly involved in the solid-state battery industry and is in the project development stage for ultra-thin CVD diamond films [1] Group 1: Product Applications - High-end rare earth permanent magnet materials are used in mobile phone acoustic systems, including speakers and receivers, as well as in camera motors [1] - Nano-crystalline magnetic sheets are applied in wireless charging technology [1] - MIM injection molding products are utilized in SIM card slots and components for laptop hard drives and charging ports [1]

Core Viewpoint - The launch of Huawei's Mate 80 series has generated significant market excitement, with a starting price of 4699 yuan, which is 800 yuan lower than the previous generation, and over 2 million pre-orders within 6 days [1] Group 1: Product Launch and Market Response - The Mate 80 series is expected to have a total inventory of around 11 million units, significantly higher than other flagship models from competing brands [1] - The introduction of the "Pro Max" model features a metal structural component co-developed by Huawei and AAC Technologies, addressing the long-standing issue of "metal shielding signals" while ensuring durability [3] Group 2: Supply Chain and Component Details - AAC Technologies is a core supplier for the Mate 80 series, providing various components such as speakers, lenses, structural parts, motors, and microphones, with many being sole suppliers [1] - The optical products from AAC Technologies' subsidiary, Chengrui Optics, have a high participation rate, covering front ToF lenses, a 13MP front main camera, and a 40MP ultra-wide-angle lens [3] - The Mate 80 RS Extraordinary Master may feature AAC Technologies' new generation "ultimate speaker," which utilizes a dual-diaphragm stereo unit for enhanced sound quality [3]