Huatai Securities: Top companies are about to release new products, optimistic about the AI+AR glasses industry chain.

Huatai Securities pointed out that this year's Meta Connect Conference will kick off on September 17th-18th. According to Meta's CTO, Meta is expected to launch the intelligent glasses Celeste with display, the third generation RayBan-Meta glasses, and sports glasses from Oakley, and may also showcase a brand new "metaverse software", redefining AI glasses from hardware, interaction, and software aspects. In addition to Meta, domestic companies such as Xiaomi, Rokid, Lebird, and Xreal have successively launched AI/AR glasses since the beginning of the year. Major foreign companies such as Google, Samsung, Apple, and Amazon have also gradually clarified their hardware and software planning for AI/AR glasses. We continue to be optimistic about the long-term potential of glasses as an Always-on interaction entry point in the background of improving AI model capabilities; and we also suggest paying attention to the short-term catalytic effect that the recent launches of new products by major companies may have on the industry chain.