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]