Core Insights - Qualcomm is accelerating the deployment of AI capabilities across various terminals, leveraging innovation and market opportunities to deepen industry collaboration and drive technological innovation [1] Group 1: Qualcomm's Commitment to China - 2025 marks an important milestone as Qualcomm celebrates 30 years in China, emphasizing its role as a leading player in global connectivity and computing [2] - Qualcomm provides essential chip solutions such as modems, processors, and RF front-end modules, facilitating innovation in smart terminals, automotive, and IoT sectors [2] - The company highlights the importance of open collaboration in the industry, positioning China as a significant source of global innovation [2] Group 2: AI Deployment and Product Showcase - Qualcomm is partnering with various Chinese ecosystem partners to deploy AI applications on a wide range of devices, including smartphones, automobiles, XR headsets, PCs, and industrial IoT terminals [2] - At the expo, Qualcomm showcased four XR terminal products from companies like Xiaomi and PICO, including the newly launched Xiaomi AI smart glasses and PICO 4 Ultra [2] Group 3: Global Market Adaptation - Qualcomm's support for Chinese clients enables rapid adaptation of products to global markets, with Chinese brands occupying eight of the top ten global smartphone positions [3] Group 4: Industry Collaboration and Innovation - The key to Qualcomm's success in China is "deepening collaboration," which has proven essential for industry upgrades [4] - Qualcomm has displayed a range of Snapdragon-enabled smart terminals at the expo, including flagship smartphones from Chinese brands, showcasing over 100 product designs supporting diverse AI applications [4] - The company has expanded its manufacturing capabilities in Wuxi to meet the growing demand in the 5G sector and established joint innovation centers in collaboration with local governments [4] Group 5: Automotive Sector Transformation - Qualcomm's Snapdragon digital chassis solutions are transforming vehicles from mechanical products to intelligent mobile terminals, supporting over 210 models from various Chinese automotive brands since 2023 [5] - The Li Auto MEGA, featuring the fourth-generation Snapdragon cockpit platform, was highlighted for its advanced graphics processing and local AI capabilities, enhancing user interaction within the vehicle [5]

2025 年 06 月 15 日 电子 台积电 5 月营收高增，存储芯片市场持 续升温 台积电发布 5 月经营快报，AI 需求强劲支撑长期增长 6 月 10 日，全球晶圆代工龙头台积电发布 2025 年 5 月营收报告，销 售额达 3205.2 亿新台币（约 107 亿美元），同比+39.6%，环比-8.3%； 1-5 月累计营收 1.51 万亿新台币，同比+42.6%。尽管短期出现季节 性调整，但市场需求依然保持强劲，主要受益于 AI 及及其他终端市 场的温和复苏。公司管理层在近期股东大会中预计，2025 年以美元 计价的营收增长率将维持在 20%左右，且利润将有望创下历史新高。 据 TrendForce 数据，台积电 25Q1 全球市场份额进一步提升至 67.6%， 继续巩固其行业龙头地位。 HBM 高景气+DDR4Q2 涨价，持续关注存储产业链 4 月 22 日以来，全球存储龙头之一的美光科技（MU.O）已累计上涨 65%。美光预计，其 HBM 的总潜在市场规模 2025 年将超 350 亿美元 （2024 年为 160 亿美元），预计 2028 年 640 亿美元，2030 年达 1000 亿美元。据 ...

Core Viewpoint - Qualcomm Technologies, Inc. and Xiaomi celebrate their 15-year partnership and sign a multi-year agreement to drive innovation in the tech industry, focusing on high-end smartphones and various connected devices [1][2]. Group 1: Partnership Highlights - The collaboration has been pivotal in Xiaomi's growth from a startup to a global tech leader, with Qualcomm being a trusted partner throughout this journey [1]. - Both companies aim to enhance the integration of artificial intelligence in edge devices, including smartphones, cars, AR/VR glasses, wearables, and tablets [2]. Group 2: Product Innovations - Qualcomm's Snapdragon platform has supported millions of Xiaomi products, contributing to Xiaomi becoming the third-largest smartphone brand globally [2]. - Xiaomi's recent launch of the Xiaomi 15 series, powered by the Snapdragon 8 Gen 1 chip, has achieved significant commercial success [2]. - In the automotive sector, Xiaomi's first car, the SU7, utilizes Qualcomm's next-generation Snapdragon digital cockpit platform for an advanced in-car experience [2]. Group 3: Expanding Product Categories - Qualcomm's Wi-Fi solutions, including the latest Wi-Fi 7 technology, enable Xiaomi to deliver faster and more reliable connectivity in its smart home products [3]. - The collaboration extends to wearables, with several commercial headphones and smartwatches featuring Snapdragon platforms, such as the Xiaomi Buds 5 Pro and Xiaomi Watch 2 Pro [3].