Group 1 - The core product launched by Thunderbird Innovation is the fourth-generation pocket TV AR glasses, featuring the AR image quality chip "Vision 4000" developed in collaboration with Pixelworks, which supports HDR10 quality [1] - The glasses utilize AI capabilities to convert 2D videos to 3D format and to transform SDR videos into HDR videos through AI analysis [1] - The global smart glasses market is projected to reach a shipment volume of 4.065 million units in the first half of 2025, representing a year-on-year growth of 64.2% [1] Group 2 - Industry analysts predict that the influx of various players in the second half of the year will elevate competition from hardware to a comprehensive competition involving hardware, ecosystem, and channels, leading to further market segmentation [2] - Unique advantages of different vertical tracks will drive intense competition, pushing the industry towards a more mature and healthier value competition stage [2]