CITIC Securities: AI reshapes the innovation boundary of the consumer electronics industry.

CITIC Securities released a forecast for the consumer electronics industry in the second half of 2025, stating that the landing and gradual penetration of AI on various terminals would lead to progressive upgrades in certain links, driving the growth of the consumer electronics industry. It is recommended to pay attention to three major investment opportunities: the upgrade and accelerated penetration of AI mobile hardware, the innovation of new forms of AI wearable terminals, and the restart and expansion of the optical industry.