Core Viewpoint - The article discusses the evolution and current state of smartwatches, highlighting their popularity and the varying levels of user engagement with their features. It emphasizes that many users only utilize a small fraction of the smartwatch's capabilities, often limiting their use to basic functions like timekeeping and calorie tracking. Group 1: Popularity and Usage - Smartwatches have become a popular category of digital products since the launch of the first Xiaomi Mi Band in 2014 and the initial smartwatches from Huawei and Apple in 2015 [1][3] - Many users report that after purchasing smartwatches, they often end up as unused products, leading to the conclusion that they can be seen as "pretty little waste" [3] Group 2: User Experience and Battery Life - A significant difference between smartwatches and traditional watches is the need for regular charging, which is a major pain point for users [5] - Battery life varies significantly among different brands, with some models offering less than 5 days of usage while others can last close to or over 10 days [12][14] - Full-featured smartwatches like the Apple Watch and Huawei Watch 5 typically have a battery life of around 4 days, while semi-smartwatches can achieve longer durations [14][17] Group 3: Functionality and Health Monitoring - Smartwatches are equipped with various health monitoring features, including heart rate variability (HRV) and electrocardiogram (ECG) capabilities, which can provide insights into users' health [32][34] - The article notes that while smartwatches can track sleep quality and provide reminders, many users do not fully utilize these features, leading to a perception of wasted potential [42][49] - The effectiveness of sleep monitoring varies, with some brands providing more detailed analysis than others, and the accuracy of these measurements is sometimes debated [44][51] Group 4: Consumer Behavior and Market Trends - The development of smartwatches is closely tied to the growing health consciousness among consumers, although there are criticisms that they may contribute to health anxiety [51][53] - Ultimately, the article suggests that while smartwatches can enhance awareness of personal health metrics, they do not replace the need for active lifestyle choices and personal responsibility in maintaining health [55]

Core Viewpoint - The article highlights Xiaomi's significant advancement in chip development with the launch of its first 3nm flagship processor, "Xuanjie O1," marking it as the first in mainland China and the fourth globally to achieve this milestone, indicating a strategic shift towards self-reliance in high-end chip technology [1][4][6]. Group 1: Chip Development - Xiaomi has invested over 13.5 billion yuan in chip research and development over the past four years, with plans to invest an additional 200 billion yuan in the next five years [1][5][10]. - The "Xuanjie O1" chip integrates 19 billion transistors in a compact area of 109mm², featuring a 10-core CPU and a 16-core GPU, positioning it among the industry's top performers [4][5]. - The introduction of the "Xuanjie O1" chip is expected to reduce Xiaomi's reliance on Qualcomm, enhance AI computing capabilities, and improve cost control in the long term [6][10]. Group 2: Strategic Vision - Xiaomi's strategy includes a comprehensive "human-vehicle-home" ecosystem, with the self-developed chips playing a crucial role in this integration [6][8]. - The company aims to establish itself as a leading hard-tech firm, emphasizing the necessity of chip development as a fundamental challenge to overcome [5][6]. - Xiaomi's long-term goal is to enhance its product differentiation and competitiveness through self-developed chips, which are essential for its high-end market strategy [10]. Group 3: Market Position and Future Outlook - The launch of the "Xuanjie O1" and "Xuanjie T1" chips signifies a new phase in Xiaomi's SoC strategy, with the latter being a 4G smartwatch chip that includes Xiaomi's first 4G baseband [5][6]. - Xiaomi's revenue is projected to grow by over 30% this year, with a significant increase in high-end smartphone sales expected to reach 35% by Q4 2024 [10]. - The company has outlined a clear path for its next decade, focusing on substantial investments in core technologies to become a global leader in hard-tech [9][10].