On November 16, Looktech held a new product launch and officially unveiled its AI smart glasses. Through innovative designs such as knob interaction and smart body applets, Looktech showcased new possibilities for combining smart glasses with AI.

Xiaodu (Baidu): The first native AI glasses with a built-in Chinese model were officially unveiled. The AI function is the main selling point of the glasses. The glasses weigh 45g, have a battery life of 56 hours, can listen to songs continuously for more than 5 hours, and are equipped with physical buttons that support customization. At the same time, in order to ensure the user's voice interaction experience, it is also equipped with a four-array microphone and a customized open sound emitting speaker unit. The glasses are equipped with a 16 million pixel camera, which is an important bridge between user needs and the AI function of the glasses. Users can also use voice interaction anytime, anywhere to take pictures and record videos with the glasses.

Rokid Glasses: Join hands with Ali (in the sense of a thousand questions) and Tyrannosaurus Glasses to create stylish AI audio glasses for all times.

According to Huajin Securities Research, the growing demand for smart wearables and the rise of generative artificial intelligence models are driving AI audio glasses into a wider market. In the short term, AR glasses have blurred user portraits, smart audio glasses use the function of replacing headphones as an entry point, glasses (correcting vision/decoration) as a carrier, and using AI to enhance experience and selling points, which is expected to open up a new audio circuit.

AI glasses relate to relevant Hong Kong stocks:

Shunyu Optical Technology (02382): Mobile phone lenses were shipped 0.63 billion units in the first half of 2024, and continued to have the largest market share in the world. High-end lenses of 6P and above shipped 0.16 billion pieces, up 23.2% year on year. During this period, the company achieved mass production of a variety of 1-inch glass plastic hybrid main cameras and large image surface periscope lenses and completed the development of various periscopes; mobile phone modules shipped 0.29 billion units, an increase of 13.5% year on year, maintaining the world's number one market share. Technological breakthroughs continue to be made in core motion devices for main cameras and periscope cameras. Due to the good performance of shipments in the first half of the year and good expectations for new models from domestic Android customers and major overseas customers in the second half of the year, the company raised mobile lens and module guidelines, and mobile lens shipments increased by 5-10% year-on-year, and gross margin is expected to reach 20-25%; mobile phone module shipments are expected to be the same as last year, with ASP increasing 10-15% year-on-year, and the annual gross margin is expected to be 6-10%.

Connett Optics (02276): It was recently announced that it has signed a product supply framework agreement with a multinational consumer electronics company to develop long-term cooperation. According to the relevant supply agreement, the other party has placed an official order with the company, and the company will provide them with customized lenses with personalized parameters to be applied to the product. At the same time, the company has set up an XR R&D and service center to provide support and services for potential precision optics businesses from the technical side and the market side respectively, and strengthen the company's research and development on the technical application of products in XR optics.