以下文章来源于爱冲浪APP ，作者黄思语 爱冲浪APP . 热门AI产品与应用，交流与评测社区 作者｜黄思语 编辑｜陈伊凡 制图｜康慧琪 北京时间1月8日一大早，虎嗅的镜头对准了2026 CES现场。这场跨国直播，除了探访CES现场的亮 点展台，也特别邀请了几位身处一线的投资人与创业者，一同探讨今年CES的一些明显判断与趋势。 在交流与现场探展中，一个共识越来越清晰：泡沫在收缩、机器人在变小、中国供应链的优势（所 谓"东升西落"）愈发凸显。 AI陪伴依然很热，具身智能依旧百花齐放，但一切讨论的落点，都悄然转向了更现实的商业化与具 体场景。 判断1：泡沫收缩、具身下沉、机 器人的ChatGPT时刻来了一半 韦豪创芯王智直言，今年CES最明显的感受是"泡沫收缩"，企业不再沉迷"一个机器人解决所有问 题"的宏大叙事，转而聚焦垂直场景求生"。 收缩体现在两个方向： 形态上"不做人形做专精"：越来越多公司放弃通用人形路线，转向解决垂直场景问题，如实验场 景的轮式机械臂、叠衣服的机械手。 策略上"小型化、低成本"：2025年下半年起，万元以下的家居机器人开始出现。例如维他动力推 出的全球首款无遥控器家居机器狗，傅利叶也重 ...

Core Viewpoint - China remains the world's largest toy producer and exporter, with Guangdong Shantou Chenghai holding a 60% share of the global toy market, showcasing resilience and efficiency in the supply chain despite the off-peak season for traditional exports [1][3]. Group 1: Export Trends - Local toy manufacturers are experiencing a busy export period, with over 70% of their business coming from exports, and an expected 30% increase in shipment volume compared to last year [3][11]. - The ongoing export season has been extended due to tariff fluctuations, leading to a shift in overseas orders and a busy schedule for manufacturers [3][7]. Group 2: Market Dynamics - There is a growing trend among overseas buyers for toys with independent IP brands, indicating that the international market is becoming a new growth point for Chinese original IP [8][10]. - The demand for new products is increasing, particularly in Southeast Asia, with the speed of new product launches nearly doubling compared to last year [10][11]. Group 3: Supply Chain and Innovation - Companies are enhancing their supply chain management to meet rising order demands, with advanced storage solutions and automated sorting systems in place [13]. - The toy market is witnessing a surge in AI toys, which are attracting significant attention from overseas buyers, highlighting the competitive edge of domestic products due to lower costs and local manufacturing advantages [14][18]. Group 4: Future Market Potential - The global AI toy market is projected to grow significantly, with an expected increase from $18.1 billion in 2024 to $60 billion by 2033, reflecting a compound annual growth rate of approximately 14% [20].

Core Viewpoint - The toy market is experiencing a wave of smart toys driven by artificial intelligence, attracting more overseas buyers, particularly in Chenghai, China [1][3]. Group 1: Market Trends - AI toys, including smart robotic dogs and desktop companion robots, have become one of the most sought-after categories at major toy exhibitions this year [3]. - A Spanish buyer noted the strong development momentum of AI toys this year, expressing significant interest in this sector [5]. Group 2: Product Development - AI toys are rapidly evolving, with products like pocket-sized AI robots that utilize emotional recognition and action simulation technologies to enhance interactive experiences [9]. - Companies have launched multiple AI toy products this year, with a desktop robot featuring "strong AI interaction" gaining market recognition and being exported in small batches to countries like Japan, South Korea, Russia, and the UK [9]. Group 3: Competitive Landscape - The CEO of Guangdong Qunyu Interactive Technology Co., Ltd. highlighted a surprising demand for AI toys, with customers willing to wait for pre-orders even for 15 days due to supply shortages [11]. - The price of similar AI toys overseas is generally above 3,000 RMB, while domestic products start at only a few hundred RMB, giving Chinese AI toys a strong competitive edge in the international market [13]. Group 4: Market Potential - The global market for AI toys is projected to grow significantly, with estimates suggesting an increase from $18.1 billion in 2024 to $60 billion by 2033, according to IMARC [15]. - The president of the Shenzhen Toy Industry Association stated that advancements in AI technology in China, along with controlled costs in AI models, computing power, and hardware, will lead to a significant transformation in the toy industry [17].

Core Insights - China remains the world's largest toy producer and exporter, with Guangdong Shantou Chenghai holding a 60% share of the global toy market [1] - Despite not being the traditional peak export season, local companies are still experiencing high shipping volumes to meet demand for the Christmas sales season [3][4] Group 1: Export Trends - The export business of a toy factory in Shantou Chenghai accounts for over 70% of its operations, with an expected 30% increase in shipment volume compared to last year due to extended busy periods [4][6] - The ongoing export season has led to a new order cycle for the following year, with companies working overtime to fulfill orders despite earlier international challenges [6][10] Group 2: Market Dynamics - There is a growing interest from overseas buyers in toys with independent IP brands, indicating a shift towards Chinese original IP as a new growth point in international markets [7][9] - The trend of "chasing new products" among overseas clients is particularly strong in Southeast Asia, with the speed of new product launches nearly doubling compared to last year [9] Group 3: Supply Chain and Innovation - Companies are enhancing their supply chain management capabilities, with advanced storage solutions and automation to meet increasing order demands [12] - The toy market is experiencing a wave of smart toys, with AI-driven products gaining significant attention from international buyers [13][15] Group 4: Competitive Landscape - Domestic AI toys are competitively priced, starting at a few hundred yuan, compared to similar international products priced above 3000 yuan, providing a strong advantage in the global market [17] - The global AI toy market is projected to grow from $18.1 billion in 2024 to $60 billion by 2033, with a compound annual growth rate of approximately 14% [19]

Core Insights - China is the world's largest toy producer and exporter, with Shantou Chenghai holding a 60% share of the global toy market [1] - Despite not being the traditional peak export season, toy companies are experiencing high demand, particularly for new products in the Southeast Asian market [1] - The trend of "chasing new styles" is evident among overseas clients, with the speed of launching new products related to domestic cultural themes nearly doubling compared to last year [1] - AI toys, including smart robotic dogs and desktop companion robots, have gained significant attention at toy fairs this year, with strong market acceptance for products featuring advanced AI interaction [1] - In the first three quarters of this year, China's exports of holiday goods, dolls, and animal-shaped toys exceeded 50 billion yuan, reaching over 200 countries and regions [1] - Many domestic "trendy products" have become global bestsellers, highlighting a new bright spot in China's foreign trade exports [1]

Core Insights - JD.com is launching its "New Product Surprise Day" on October 23, featuring significant discounts on flagship products like iPhone and Huawei, with ample stock available for immediate purchase [1][3] - The event includes various promotional activities such as zero-yuan draws for new products, one-yuan grabs for popular items, and discounts up to 50% on best-selling products, creating a strong shopping experience [1][8] Product Highlights - The event showcases several highly anticipated tech products, including the iPhone Air, Honor Magic8 Pro, and Xiaomi REDMI K90 Pro Max, all available for immediate purchase [3] - Additional products include Huawei FreeClip 2 and ROG Xbox handheld, catering to digital product enthusiasts [5] - Fashion items like On Cloudmonster 2 shoes and North Face Summit series jackets are also featured, aligning with seasonal consumer needs [5] Promotional Activities - JD.com is offering various incentives such as "1 yuan draws for premium products" and "1 penny grabs for new brand trials," allowing consumers to access high-demand items at minimal costs [10] - The "JD Youth Sales" live streaming event will feature interactive elements, including product showcases and celebrity appearances, enhancing consumer engagement [11][13] Consumer Engagement - The live streaming will include themed segments like "Healing New Moments" and "Technology New Moments," utilizing advanced 3D technology for immersive product presentations [13][14] - Consumers can participate in real-time interactions during the live stream, with opportunities to win exclusive merchandise and discounts [14]

Group 1 - The company has been actively engaging in the robotics industry, with ongoing stable shipments of products such as chess-playing robots and desktop companion robots [1] - The company has signed strategic cooperation agreements with partners like Tom Cat and Fule New Materials to deepen collaboration in the consumer AI companion robot sector [1] - The company is also in preliminary cooperation discussions with a leading robotics firm in Beijing for joint production of robotic systems [1] Group 2 - The subsidiary, Weier New Power, is conducting R&D and testing for robotic joint motors for multiple potential clients in the robotics field [1] - A large oilfield company has increased the number of operational units based on the stable performance and energy savings of a new motor prototype provided by the company [1] - The company has successfully passed tests for robotic dog motor components, resulting in small batch orders from a client [1] Group 3 - The company is collaborating with Tsinghua University on the development of key components for humanoid robots, including dexterous hands and motor control systems [2] - The first generation of dexterous hands has been delivered to the company, with the second generation expected to be installed and delivered soon [2] - The company has four main product lines, with a significant focus on R&D investment in smart wearables, smart home products, and robotics, while maintaining lower investment in more mature lines like electroacoustic products and health appliances [2]

Core Viewpoint - The company is actively advancing its product offerings in the robotics sector, particularly in consumer-grade AI companion robots, and has established strategic partnerships to enhance its market position [1] Group 1: Product Development - The company is experiencing stable and continuous shipments of its chess-playing robots and desktop companion robots [1] - Projects such as golf cart robots and tennis robots are being actively promoted [1] Group 2: Strategic Partnerships - The company has signed strategic cooperation agreements with Tom Cat (300459) and Fulei New Materials (605488) to collaborate in the consumer-grade AI companion robot field [1] - A preliminary cooperation intention has been established with a leading robotics company in Beijing, focusing on the production and manufacturing of complete robots [1]

Group 1: Company Overview and Internationalization - The company has established its first production base in Vietnam in 2019, covering an area of approximately 8,000 square meters, and achieved its first profit in 2024 after operating at a loss due to special circumstances since 2020 [4] - A second production base in Vietnam, covering about 12,000 square meters, was established in March 2025 and began operations in June 2025, achieving profitability in August 2025 [4] - The company plans to transfer 30% of its business related to audio products and hair appliances to the Vietnam production bases [4] - The company is actively seeking to optimize its overseas supply chain by exploring other countries with labor advantages to mitigate the impact of trade policy uncertainties [3] Group 2: Research and Development - The company maintains a stable R&D investment level of over 5% of its annual revenue, with a total of 1,285 patents and software copyrights as of mid-2025 [7] - R&D efforts are focused on four main product lines: audio products, health appliances, smart wearables, and smart locks, with varying investment levels based on maturity and development stage [7] - The company emphasizes technology-driven development as a core strategy, aiming to strengthen its technological leadership [7] Group 3: Product Development and Market Position - The company is collaborating on various robotics projects, including chess-playing robots and desktop companion robots, with ongoing stable shipments [6] - The axial magnetic field motor developed by the company offers advantages such as lightweight design, improved tire durability, reduced road wear, and enhanced energy efficiency [6] - The company has established strategic partnerships with major clients for the development of consumer-grade smart companion robots and is exploring further collaborations in the robotics sector [6]

Core Viewpoint - The article discusses the emerging opportunities and trends in the AI industry, particularly focusing on the potential of startups and innovations in various verticals of AI technology, highlighting the shift towards specialized applications and the importance of foundational technologies in driving future growth [3][4][24]. Group 1: AI Industry Trends - The current wave of AI is characterized as a "young people's era," with startups leveraging AI-native thinking to drive innovation [4]. - Future opportunities in AI are identified in three areas: breakthroughs in algorithm limitations, real-world interactions, and AI safety [4]. - The underground exhibition area showcases startups that are developing practical AI applications, contrasting with the more flashy displays in other sections [3][4]. Group 2: Startup Innovations - Companies like 共绩算力 are addressing the demand for flexible computing power by creating a platform that shares idle computing resources, akin to an "Airbnb for computing" [6][7]. - The AI training process is likened to a chef experimenting with ingredients, emphasizing the high resource consumption and the need for efficient computing solutions [8][9]. - Startups such as AKool and 医者AI are focusing on specific verticals, with AKool generating over $40 million in annual recurring revenue and targeting both consumer and business markets [20]. Group 3: Investment Landscape - Investors are increasingly interested in vertical AI applications, moving away from general-purpose AI products to more specialized solutions [19][24]. - The article notes a growing consensus among investors to explore vertical AI opportunities, particularly in sectors like healthcare and education [19][24]. - The emergence of companies like RWKV, which aims to innovate beyond the Transformer architecture, highlights the ongoing evolution in AI model development [14][15]. Group 4: Future Outlook - The article suggests that the current landscape of AI startups is dynamic, with many companies rapidly iterating on their products and seeking to educate both clients and investors about their innovations [24]. - The potential for significant transformation in the AI sector is acknowledged, with the possibility that many current projects may evolve or cease to exist as technology and market conditions change [24]. - The narrative emphasizes the importance of independent thinking and innovation in shaping a better future for the AI industry [25].