"AI engine + overseas expansion" jointly exerting efforts, the third quarter reports of listed consumer electronics companies are full of highlights.

The highlights of the third quarter report of listed consumer electronics companies are abundant. Data from Choice shows that as of 8:00 PM on October 30, 98 A-share consumer electronics industry companies have disclosed their third quarter reports. Among them, 79 companies achieved profits in the first three quarters, 41 companies saw year-on-year growth in net profit attributable to the parent company in the first three quarters, and 5 companies turned losses into profits. Companies with market capitalization of billions, such as Lens Technology, Goertek, and Lining Intelligent Manufacturing, all achieved year-on-year growth of more than 10% in net profit in the first three quarters, with Industrial Fulian and Huaqin Technology leading the sector with growth rates of 48.52% and 51.17%, respectively. The Shanghai Securities News reporter noted that AI is becoming the core growth engine of the consumer electronics industry, driving companies to accelerate their diversified layout in the fields of AI computing power, smart wearables, and intelligent body intelligence, and exploring new growth space. Yue Yang, Co-Chief Analyst of the Electronic Group at Huacheng Securities, told Shanghai Securities News reporters that consumer electronics companies have two core advantages in the field of intelligence: high innovation response efficiency, enabling quick response to technological iterative demands, and strong business transformation flexibility, allowing timely adjustment of strategic direction. With these advantages, companies are more competitive when expanding into emerging fields such as robots and "AI+".