AR - TechWire

2025.09.08

18:39

EchoSat Communications to sell spectrum licenses to SpaceX

Echostar Communications will sell spectrum licenses to SpaceX for approximately $17 billion. The deal includes $8.5 billion in cash and $8.5 billion in SpaceX stock.

08:39

CITIC Securities: The potential of AI browsers and emotional companion applications that giants continue to deploy is worth paying attention to.

A CITIC Securities research report indicates that overseas AI applications will continue to accelerate in July 2025. On the one hand, Google processed 980 trillion tokens in July, doubling from May, and Microsoft Azure AI Foundry processed 310 trillion tokens in Q2, a 210% increase from the previous quarter. On the other hand, driven by leading applications such as ChatGPT and Claude, the top 100 overseas AI applications generated a total annual recurring revenue (ARR) of $39.3 billion in July, a 17.3% increase from May, demonstrating continued revenue growth. At the application level, AI coding and multimodality remain the hottest areas, with products such as Lovable, Replit, Pixverse, and Nano Banana emerging. Furthermore, the continued development of AI browsers and emotional companion applications by industry giants bears close attention.

2025.09.07

22:02

Kangfang Biopharma's first global multicenter Phase III clinical study results announced: the primary endpoint has been achieved

On September 7, updated data from the first global, multicenter Phase III clinical study (HARMONi) of Kangfang Biopharma's ivorizumab (AK112) were presented at the World Lung Cancer Conference. The study evaluated the efficacy and safety of ivorizumab combined with chemotherapy in patients whose disease progressed after third-generation EGFR-TKI therapy. Results showed a significant improvement in overall survival (OS) with a median follow-up of 13.7 months, with a significant survival benefit in North American patients. Ivoirizumab is the world's first dual-antibody PD-1/VEGF inhibitor. Last year, in a registrational Phase III trial (HARMONi-2) in China as a single-agent first-line treatment for PD-L1-positive non-small cell lung cancer, ivorizumab demonstrated longer progression-free survival (PFS) than Merck & Co.'s PD-1 inhibitor, pembrolizumab (commonly known as "K drug"), demonstrating its potential to replace pembrolizumab. Ivoirizumab shot to fame, becoming the world's most popular dual-antibody.

2025.09.06

09:57

Polar Fox Auto responds to malicious smears: Measures have been taken to protect rights

On September 5, the legal department of ARCFOX issued a statement saying that since the statement released on September 1, it has once again been subjected to large-scale organized malicious smears. A large number of malicious black posts have appeared on platforms such as Toutiao, Xiaohongshu, and Douyin. The content focuses on the ARCFOX T1, fabricating false information such as the so-called "official price reduction plan", "fault analysis report", and "delayed launch", with nearly 100 posts per day, seriously misleading market judgment and damaging the reputation of ARCFOX Automobile. The ARCFOX T1 started pre-sale on August 22, 2025, and has not yet been officially launched and the price has not been publicly disclosed. There are no issues of price reduction or quality problems. Officials pointed out that such malicious smearing seriously infringes on commercial reputation, and it cannot be ruled out that other operators are taking unfair competition actions to grab market share. ARCFOX has taken measures such as in-depth investigation and fixation of evidence, platform coordination and investigation to protect its own rights and interests, and called on the industry to resist the trend of "using black to replace competition" and win the market through technological innovation and service upgrades.

04:05

The NYSE ARCA Gold Miners Index closed up 2.7%, hitting a record closing high.

2025.09.05

07:53

Institutional analysis: China's consumer AI/AR glasses market sales reached 262,000 units in the first half of the year, a year-on-year increase of 73%.

CINNO Research released its latest report on September 5th, stating that in the first half of 2025, sales of consumer AI/AR glasses in China reached 262,000 units, a 73% year-on-year increase, a record high. The research firm predicts that by 2025, shipments of AI/AR glasses in China will reach 900,000 units, a 133% year-on-year increase, and the industry is expected to exceed 100 billion yuan in sales within three years.

2025.09.03

15:37

ECB President Christine Lagarde stated: "With regard to stablecoins, the EU's Markets in Crypto-Assets Regulation (MiCAR) addresses this risk in two ways. First, stablecoin issuers must allow EU investors to always redeem their holdings at par value. Second, stablecoin issuers must hold a significant portion of their reserves in bank deposits."

2025.09.01

08:09

Yongqing Environmental Protection and Lingban Technology reached a strategic cooperation

Yongqing Environmental Protection's founder, Liu Zhengjun, and Lingban Technology's founder and CEO, Zhu Mingming, recently signed a strategic cooperation agreement, marking the official partnership between Yongqing Environmental Protection and Rokid (Lingban Technology), a leading AR unicorn. The two parties will jointly promote the in-depth application of augmented reality (AR) technology in environmental monitoring, industrial facility inspections, remote collaboration, and compliance management, and collaborate to create intelligent AR solutions for industrial environmental protection. This partnership will leverage Rokid's technological expertise in AR hardware and Yongqing Environmental Protection's extensive experience in industrial environmental protection to fully integrate AR smart glasses with environmental protection business systems. Yongqing Environmental Protection will also explore developing customized, low-carbon, recycled materials for Rokid, including high-performance recycled metals and other green materials, for direct application in the production and manufacturing of AR glasses.

2025.08.31

22:26

2025 Smart Car Basic Software Ecosystem Conference and the 4th China Automotive Chip Conference were held in Chongqing

From August 28th to 29th, the 2025 Smart Car Basic Software Ecosystem Conference and the 4th China Automotive Chip Conference were grandly held at the Yuzhou Hotel in Chongqing. Industry experts from FAW, Chongqing Changan, Dongfeng Motor, Chery Automobile, the Open Atom Foundation, Puhua Basic Software, Infineon, Xiaohua Semiconductor, the University of Electronic Science and Technology of China, the AUTOSAR Organization, and TASKING engaged in in-depth discussions on key topics such as the deepening application of open source co-construction models, business models and ecosystem sustainability, and standards systems and industrial ecosystem coordination mechanisms. The conference brought together over 500 experts, scholars, and business representatives from government, industry, academia, research, and application fields. Concurrently, the 4th China Automotive Chip Conference, the Open Atom Open Source Foundation Campus Tour (Chongqing), and the Ecosystem Exhibition Zone were held, further promoting the deep integration of the automotive industry with the chip and open source ecosystems, adding strong impetus to the high-quality development of the automotive industry.

16:35

CITIC Securities: September allocation will continue to focus on resources, innovative drugs, consumer electronics, chemicals, games and military industry

CITIC Securities' research report focuses on analyzing key events and investment strategies worth watching in September. First, the Federal Reserve's potential interest rate cut is expected to reinforce the weak dollar environment, which will generate new catalysts for already strong resource commodities, particularly precious metals and copper, potentially further accelerating the non-ferrous metals sector. Second, with Apple and META's September press conferences, Apple's edge AI and META's AR glasses may usher in a new round of more sustainable edge device and edge AI ecosystem trends, following the currently popular cloud testing AI. The consumer electronics sector, especially the Apple supply chain, deserves attention. Third, three clues of anti-involution will gradually emerge: first, industries with high capital expenditure intensity over the past two years and signs of marginal reduction; second, industries with signs of industry self-regulation or policy implementation; and third, industries with internal supply involution and external demand, relying on quotas to continuously improve profit margins. Finally, September is expected to see a significant increase in catalysts for innovative drugs. Furthermore, the recent technology shift has also cleared out short-term funds that had previously accumulated in the sector chasing trends. Innovative drugs are expected to continue their upward trend after this round of adjustments. In terms of allocation, it is recommended to continue focusing on resources, innovative drugs, consumer electronics, chemicals, games and military industry in September.

2025.08.26

07:11

Mobile phone manufacturers are betting on new tracks to compete in the second half of human-computer interaction

Following Apple's launch of its MR (mixed reality) headset, Vivo has also entered the MR field, Honor is also accelerating its research and development, Xiaomi recently launched its first AI glasses, and Huawei and OPPO have also ventured into AR and AI glasses. However, Apple's first headset flopped in sales and has now been discontinued, and Xiaomi's AI glasses have also experienced a wave of returns. Many professionals believe that the mobile phone industry's bets on new sectors are a natural progression based on the existing mobile phone business, aiming to capitalize on opportunities in the second half of the human-computer interaction market. This also reflects the industry's overall growth anxiety.

2025.08.25

21:42

Cryptocurrency-related stocks in the U.S. stock market fell, with Riot Blockchain (RIOT.O) down 5.5%, Hut 8 down 6.2%, and Marathon Digital (MARA.O) down 5.8%.

16:23

US cryptocurrency stocks fell before the market opened

US cryptocurrency stocks fell in pre-market trading. RIOT PLATFORMS fell 3.6%, HUT 8 fell 3.9%, and MARA fell 3.7%.

13:51

ByteDance responds to online rumors about releasing AI glasses: The information is inaccurate

According to media reports, ByteDance is about to release a pair of AI glasses. The product solution is provided by RXKJ, the MCU is supplied by HXKJ, the SoC uses the Qualcomm AR1, and the entire device is manufactured by LQKJ. Sina Technology contacted officials for confirmation, and a ByteDance representative stated that the product is still in the early stages of exploration and has no current release plans. Hardware products involve extensive upstream and downstream supply chains, and online rumors are inaccurate. Investors are advised to be aware of the risks.

2025.08.24

09:30

Guosheng Securities: Consumer electronics enters peak season for new product launches, and sector valuations are expected to be reshaped

A Guosheng Securities research report states that the consumer electronics sector is entering its peak season for new product releases, and the sector is expected to see a revaluation. Q3 is traditionally the peak season for consumer electronics, with major device manufacturers intensively releasing new products such as AI phones and AR glasses. The sector is entering its peak mass production phase, and the industry chain's utilization rate is expected to increase rapidly. As of August 21, 2025, the Shenwan Consumer Electronics sector's price-to-earnings (TTM) ratio was 36.9 times, a 46.9% increase from April 7, 2025, and a valuation premium of 71.2% relative to the overall A-share market. We believe that market sentiment driven by tariffs has already been reflected in stock prices, and the resolution of previously feared short-term risks will help reshape the sector's valuation. The medium- and long-term growth story for the consumer electronics sector remains solid, with clear industry trends for AI innovation. The implementation of edge AI is expected to accelerate the replacement cycle for mobile phones and other devices, driving hardware upgrades. We are optimistic about the sector's resilience. Leading companies in the consumer electronics sector, with strong domestic supply chain R&D capabilities, a strong engineering dividend, and solid fundamentals, are expected to benefit significantly from the wave of AI device innovation. We are optimistic about their ability to seize the structural growth opportunities presented by hardware upgrades.

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