Recently, a video of Rokid founder Zhu Mingming wearing Rokid Glasses and using its teleprompter feature to give a speech went viral. A pair of glasses that look no different from ordinary ones, but with integrated artificial intelligence, can perform such powerful functions, sparking heated discussions in the tech community.
It is reported that Rokid Glasses will officially be released in the second quarter of this year. Meanwhile, media outlets have reported that Muedo AI glasses will also debut at the end of this month. As AI glasses continue to mature, more and more companies are joining the development or supply production teams. In this issue, we have compiled relevant company data and selected the 10 fastest-growing companies based on their latest disclosed financial information for your research and reference.
First Company: Changying Precision
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 716.78% to 856.79%.
- Subsector: Manufacturing of precision components for consumer electronics.
- Related Concepts: Provides structural components for North American virtual reality brand AI glasses.
- Company Highlights: The company has a broad presence in fields such as smartphones and wearable devices, with strong research and development capabilities. It collaborates with many well-known brands
Second Company: Quectel Wireless Solutions
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 495.33%.
- Subsector: Internet of Things (IoT) wireless communication modules.
- Related Concepts: Has a dedicated XR (Extended Reality) research and development team focused on AR+AI smart glasses development.
- Company Highlights: A global leader in wireless communication modules, offering a wide range of products with a high market share and a customer base spanning the globe.
Third Company: Yutong Optics
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 418.56% to 548.2%.
- Subsector: Optical lenses.
- Related Concepts: Provides components for AI glasses.
- Company Highlights: The company has a strong advantage in the security surveillance lens field, possesses large-scale production capabilities, and offers high cost-performance products.
Fourth Company: Awinic Technology
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 350.9% to 419.52%.
- Subsector: Integrated circuit design.
- Related Concepts: The company’s chips, used in consumer electronics, include applications for wearable devices and smart glasses.
- Company Highlights: Focuses on audio amplifiers, power management chips, and other semiconductor products. It has a strong reputation in the mobile phone and other consumer electronics sectors.
Fifth Company: Green Precision
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 300.66% to 420.86%.
- Subsector: Precision structural component manufacturing.
- Related Concepts: Has design, research and development, and production capabilities for VR/AR-related precision components.
- Company Highlights: Provides precision structural components for smart home devices, gaming hardware, and other sectors, with notable customization capabilities.
Sixth Company: Rockchip Electronics
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 307.75% to 367.06%.
- Subsector: Integrated circuit design.
- Related Concepts: Their flagship chip is designed for AR smart glasses in cultural and tourism scenarios.
- Company Highlights: Excels in areas such as smart hardware and tablet chips, with strong optimization in product performance and power consumption.
Seventh Company: Hengxuan Technology
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 264% to 280.18%.
- Subsector: Integrated circuit design.
- Related Concepts: Their chips provide computational support for smart glasses.
- Company Highlights: A leader in the Bluetooth audio chip field, with products widely used in TWS (True Wireless Stereo) earphones and other devices.
Eighth Company: Goodix Technology
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 233.22% to 287.75%.
- Subsector: Integrated circuit design.
- Related Concepts: Their multi-functional sensors and audio product solutions have been successfully applied to AR smart glasses.
- Company Highlights: Known for its fingerprint recognition chips, the company has a strong foundation in biometric identification and human-machine interaction technologies.
Ninth Company: Zijian Electronics
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 196.26% to 280.91%.
- Subsector: Small lithium batteries.
- Related Concepts: Their square batteries are mainly used in AR/VR glasses and other products.
- Company Highlights: Specializes in small rechargeable lithium-ion batteries, with significant applications in wearable devices and other fields.
Tenth Company: Xiechuang Data
- Growth Potential: Net profit for the 2024 annual report is expected to increase by 137.16% to 189.86%.
- Subsector: IoT smart terminals and data storage devices.
- Related Concepts: The company, in collaboration with Rongmeng, has begun small-scale production of AR smart glasses.
Company Highlights: Has a presence in areas such as smart cameras, smart speakers, and data storage, with strong research and development and manufacturing capabilities.