{"id":632262,"date":"2026-04-20T04:20:42","date_gmt":"2026-04-20T11:20:42","guid":{"rendered":"https:\/\/nai500.com\/?p=632262"},"modified":"2026-04-20T04:20:42","modified_gmt":"2026-04-20T11:20:42","slug":"8-31","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/04\/8-31\/","title":{"rendered":"8\u5bb6\u4e2d\u56fd\u663e\u793a\u9886\u57df\u9886\u5bfc\u8005\uff1a\u5728\u521b\u7ef4\u80dc\u51fa\u540e\u503c\u5f97\u5173\u6ce8"},"content":{"rendered":"

\u521b\u7ef4\u5728\u7b2c139\u5c4a\u5e7f\u4ea4\u4f1a\u4e0a\u7684\u5438\u775b\u5c55\u793a\u4e0d\u4ec5\u4ec5\u662f\u4ea7\u54c1\u5c55\u89c8\u3002\u5b83\u63ed\u793a\u4e86\u4e2d\u56fd\u663e\u793a\u3001AI \u4e0e\u7eff\u8272\u80fd\u6e90\u534f\u540c\u52a0\u901f\u7684\u8d8b\u52bf\u3002\u51ed\u501f\u6db5\u76d6 OLED\u3001RGB \u4e0e QD-MiniLED \u7684 120 \u591a\u6b3e\u4ea7\u54c1\uff0c\u4ee5\u53ca\u4ece\u4ea7\u54c1\u51fa\u53e3\u5411\u54c1\u724c\u751f\u6001\u51fa\u53e3\u7684\u660e\u786e\u8f6c\u5411\uff0c\u521b\u7ef4\u5728\u4ea7\u4e1a\u89c4\u6a21\u4e0a\u4f20\u9012\u4e86\u4e00\u4e2a\u719f\u6089\u7684\u4fe1\u606f\uff1a\u5c06\u786c\u4ef6\u3001\u8f6f\u4ef6\u3001\u670d\u52a1\u4e0e\u80fd\u6e90\u6574\u5408\u5230\u573a\u666f\u4e2d\uff0c\u4ece\u800c\u5728\u5168\u7403\u53d6\u80dc\u3002\u5bf9\u6295\u8d44\u8005\u800c\u8a00\uff0c\u4fe1\u53f7\u660e\u6670\uff1a\u4e2d\u56fd\u672c\u571f\u5de5\u7a0b\u80fd\u529b\u4e0e\u653f\u7b56\u987a\u98ce\u6b63\u5728\u7535\u89c6\u3001XR\u3001AI \u82af\u7247\u548c\u65b0\u80fd\u6e90\u9886\u57df\u5bf9\u63a5\uff0c\u91cd\u5851\u4ece\u62c9\u5404\u65af\u5230\u5229\u9a6c\u7684\u5ba2\u5385\u4e0e\u7535\u7f51\u8fb9\u7f18\u9700\u6c42\u3002<\/p>\n

\u5e7f\u4ea4\u4f1a\u5c06\u4e2d\u56fd\u663e\u793a\u4f18\u52bf\u63a8\u5411\u5168\u7403\u821e\u53f0<\/h3>\n

\u5e7f\u4ea4\u4f1a\u4ecd\u662f\u4e16\u754c\u8d38\u6613\u4e2d\u6700\u6d53\u7f29\u7684\u4f9b\u5e94\u94fe\u73b0\u5b9e\u7f29\u5f71\u3002\u672c\u5c4a\u6625\u5b63\u5c55\u8ba9\u4e2d\u56fd\u7684\u663e\u793a\u4ea7\u4e1a\u94fe\u5f88\u96be\u88ab\u5ffd\u89c6\u3002\u521b\u7ef4\u7684\u8d85\u8584\u58c1\u7eb8\u7535\u89c6\u4ee5\u53ca\u8d85\u5927\u5c3a\u5bf8 OLED \u4e0e QD-MiniLED \u4ea7\u54c1\u5c55\u793a\u4e86\u8bbe\u8ba1\u4e0e\u9762\u677f\u521b\u65b0\u5982\u4f55\u4e0e\u81ea\u7814 AI \u56fe\u50cf\u8d28\u91cf\u82af\u7247\u7ed3\u5408\uff0c\u786e\u7acb\u8272\u5f69\u4e0e\u62a4\u773c\u57fa\u51c6\u3002\u516c\u53f8\u91c7\u7528\u7684\u201c\u4e09\u533a\u5c55\u5385\u201d\u5e03\u5c40\u2014\u2014\u6280\u672f\u7f8e\u5b66\u3001\u667a\u6167\u573a\u666f\u4e0e\u65b0\u80fd\u6e90\u2014\u2014\u5f88\u91cd\u8981\uff1a\u4e70\u5bb6\u4e0d\u53ea\u662f\u770b\u9762\u677f\uff0c\u66f4\u662f\u5728\u4e70\u5165\u4e00\u4e2a\u5177\u5907 XR \u5c31\u7eea\u3001\u53cc\u5c4f\u4ea4\u4e92\u4e0e\u5065\u5eb7\u89c2\u5f71\u7684\u751f\u6001\u7cfb\u7edf\u3002\u8fd9\u6b63\u662f\u54c1\u724c\u5728\u4ef7\u683c\u654f\u611f\u7c7b\u522b\u4e2d\u63d0\u5347\u4ef7\u503c\u94fe\u5e76\u5b88\u4f4f\u5229\u6da6\u7387\u7684\u8def\u5f84\u3002<\/p>\n

AI\u3001\u89c4\u6a21\u4e0e\u653f\u7b56\u5728\u63a8\u52a8\u98de\u8f6e\u6548\u5e94<\/h3>\n

\u4e2d\u56fd\u56fd\u5185\u7684 AI \u786c\u4ef6\u8f6c\u5411\u6b63\u5728\u52a0\u901f\u8fb9\u7f18\u529f\u80fd\u5dee\u5f02\u5316\u30022025 \u5e74\uff0c\u4e2d\u56fd\u82af\u7247\u5382\u5546\u4ea4\u4ed8\u4e86\u7ea6 165 \u4e07\u5757 AI GPU\uff0c\u5360\u56fd\u5185 AI \u670d\u52a1\u5668\u5e02\u573a\u7ea6 41%\uff1b\u534e\u4e3a\u5355\u5bb6\u516c\u53f8\u5c31\u51fa\u8d27\u7ea6 81.2 \u4e07\u679a AI \u82af\u7247\u3002\u8fd9\u4e9b\u80fd\u529b\u5e76\u4e0d\u4f1a\u4ec5\u7559\u5728\u6570\u636e\u4e2d\u5fc3\uff0c\u5b83\u4eec\u6e17\u900f\u8fdb\u7f16\u89e3\u7801\u5668\u3001\u964d\u566a\u3001\u8bed\u97f3\u4ee3\u7406\u4e0e\u591a\u6a21\u6001\u754c\u9762\uff0c\u73b0\u5df2\u88c5\u8f7d\u5230\u7535\u89c6\u4e0e XR \u7ec8\u7aef\u3002\u518d\u52a0\u4e0a\u4e2d\u56fd\u9762\u677f\u5382\u5546\u2014\u2014\u5982 BOE \u7b49\u2014\u2014\u7684\u89c4\u6a21\u7ecf\u6d4e\uff0c\u4ee5\u53ca\u4f18\u5148\u652f\u6301\u51fa\u53e3\u7ade\u4e89\u529b\u7684\u653f\u7b56\u73af\u5883\u30022024 \u5e74\u5bf9\u5916\u76f4\u63a5\u6295\u8d44\u7ea6\u4e3a 1,922 \u4ebf\u7f8e\u5143\uff08\u7ea6\u5360\u5168\u7403\u603b\u989d\u8fd1 12%\uff09\uff0c\u800c 2025 \u5e74\u4e0e\u4e00\u5e26\u4e00\u8def\u76f8\u5173\u7684\u5de5\u7a0b\u5408\u540c\u6fc0\u589e\u81f3\u7ea6 1,280 \u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f\u7ea6 81%\u3002\u8fd9\u79cd\u89c4\u6a21\u8d44\u672c\u4e0e\u6807\u51c6\u5236\u5b9a\u6280\u672f\u7684\u7ec4\u5408\uff0c\u6b63\u662f\u4f7f\u5ba2\u5385\u786c\u4ef6\u5728\u65b0\u5174\u5e02\u573a\u8f6c\u53d8\u4e3a\u8f6f\u4ef6\u4e0e\u670d\u52a1\u5165\u53e3\u7684\u65b9\u5f0f\u3002<\/p>\n

\u4e3a\u4ec0\u4e48\u521b\u7ef4\u7684\u751f\u6001\u51fa\u53e3\u8f6c\u5411\u5f88\u91cd\u8981<\/h3>\n

\u6d88\u8d39\u7535\u5b50\u66fe\u662f\u4e5d\u4e2a\u6708\u6362\u4ee3\u5468\u671f\u4e0e\u5fae\u8584 ASP \u5dee\u8ddd\u7684\u6e38\u620f\u3002\u5982\u4eca\u5267\u672c\u5df2\u53d8\u3002\u521b\u7ef4\u6b63\u628a\u9ad8\u7aef\u663e\u793a\u5668\u4e0e\u667a\u80fd\u5bb6\u5c45\u7f16\u6392\u548c\u80fd\u6e90\u8bbe\u5907\u76f8\u8fde\u3002\u5b9e\u9645\u542b\u4e49\u662f\uff1a\u7535\u89c6\u4e0d\u518d\u4ec5\u662f\u5c4f\u5e55\uff0c\u800c\u662f HVAC\u3001\u5b89\u5168\u4e0e\u50a8\u80fd\u7684\u63a7\u5236\u5e73\u9762\u3002\u516c\u53f8\u5728\u5e7f\u4ea4\u4f1a\u4e0a\u4f20\u9012\u7684\u7eff\u8272\u751f\u6001\u4fe1\u606f\u5e76\u975e\u54c1\u724c\u5671\u5934\u3002\u7535\u7f51\u6ce2\u52a8\u548c\u80fd\u6e90\u8d26\u5355\u5df2\u6210\u4e3a\u975e\u6d32\u3001\u4e1c\u5357\u4e9a\u53ca\u90e8\u5206\u6b27\u6d32\u4f01\u4e1a\u9ad8\u7ba1\u5173\u5207\u7684\u95ee\u9898\u3002\u5728\u4e2d\u56fd\u8bbe\u8ba1\u7684\u786c\u4ef6\u53ef\u7528\u4e8e\u7ba1\u7406\u80fd\u6e90\u3001\u4f18\u5316\u6d41\u5a92\u4f53\u4e0e\u8fde\u63a5 XR \u5916\u8bbe\uff0c\u4ece\u800c\u6210\u4e3a\u5fc5\u5907\u5bb6\u7535\uff0c\u800c\u975e\u53ef\u6709\u53ef\u65e0\u7684\u5347\u7ea7\u3002\u516c\u53f8\u5165\u9009\u201c\u8d70\u51fa\u53bb\u7684\u5341\u5927\u4e2d\u56fd\u5bb6\u7535\u54c1\u724c\u201d\u4e5f\u8868\u660e\u6e20\u9053\u5df2\u5efa\u7acb\u5b8c\u5907\u3002<\/p>\n

\u503c\u5f97\u5173\u6ce8\u7684 8 \u652f\u4e2d\u56fd\u5c4f\u5e55\u4e0e\u667a\u80fd\u5bb6\u5c45\u80a1\u7968<\/h3>\n

1) Skyworth Group (00751.HK)\uff1a\u521a\u5728\u7b2c 139 \u5c4a\u5e7f\u4ea4\u4f1a\u4e0a\u5c55\u793a 120 \u591a\u6b3e\u4ea7\u54c1\u5e76\u63a8\u51fa\u81ea\u7814 AI \u56fe\u50cf\u82af\u7247\uff0c\u521b\u7ef4\u6b63\u5c06\u91cd\u5fc3\u4ece\u4ea7\u54c1\u51fa\u53e3\u8f6c\u5411\u54c1\u724c\u751f\u6001\u51fa\u53e3\u3002\u91cc\u7a0b\u7891\uff1a\u6269\u5927\u540e\u7684\u5c55\u793a\u8986\u76d6 XR \u7ec8\u7aef\u4e0e\u65b0\u80fd\u6e90\u8bbe\u5907\uff0c\u521b\u9020\u4e86\u8d85\u8d8a\u7535\u89c6\u7684\u9644\u52a0\u7387\u6545\u4e8b\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u516c\u53f8\u901a\u8fc7\u57fa\u4e8e\u573a\u666f\u7684\u667a\u6167\u751f\u6d3b\u6346\u7ed1\u5305\uff0c\u6b63\u5728\u201c\u4e00\u5e26\u4e00\u8def\u201d\u9ad8\u589e\u957f\u5e02\u573a\u52a0\u6df1\u6e17\u900f\u3002<\/p>\n

2) TCL Electronics (01070.HK)\uff1a\u6839\u636e\u884c\u4e1a\u7edf\u8ba1\uff0cTCL \u662f\u5168\u7403\u524d\u5217\u7684\u7535\u89c6\u51fa\u8d27\u5546\u4e4b\u4e00\uff0c\u6b63\u62bc\u6ce8 QD-MiniLED \u4ee5\u63d0\u5347\u5176\u9ad8\u7aef\u7ed3\u6784\u3002\u6210\u5c31\uff1a\u901a\u8fc7\u534e\u661f\u5149\u7535\uff08CSOT\uff09\u9762\u677f\u4ea7\u80fd\u5b9e\u73b0\u4e0a\u6e38\u4e00\u4f53\u5316\uff0c\u52a0\u901f\u5927\u5c4f\u5728\u66f4\u5177\u653b\u52bf\u7684\u4ef7\u683c\u4e0b\u7684\u53ef\u5f97\u6027\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u6d77\u5916\u6536\u5165\u5360\u591a\u6570\uff0cMiniLED \u7684\u91c7\u7528\u5728\u5317\u7f8e\u53ca EMEA \u63d0\u5347\u4e86\u5e73\u5747\u9500\u552e\u4ef7\u683c\u3002<\/p>\n

3) Hisense Visual Technology (600060.SH)\uff1a\u53e6\u4e00\u5bb6\u5168\u7403\u524d\u4e09\u7684\u7535\u89c6\u54c1\u724c\uff0c\u6d77\u4fe1\u6b63\u5c06\u4f53\u80b2\u8d5e\u52a9\u7684\u66dd\u5149\u8f6c\u5316\u4e3a ULED \u4e0e MiniLED \u7cfb\u5217\u7684\u6e20\u9053\u52a0\u901f\u3002\u91cc\u7a0b\u7891\uff1a\u8fd1\u5e74\u6765\u6d77\u5916\u6301\u7eed\u4e24\u4f4d\u6570\u589e\u957f\uff0c\u5f97\u76ca\u4e8e\u5982\u58a8\u897f\u54e5\u4e0e\u5357\u975e\u7684\u672c\u5730\u5316\u5236\u9020\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u5728\u975e\u6d32\u4e0e\u62c9\u4e01\u7f8e\u6d32\u66f4\u5e7f\u7684\u5206\u9500\u6b63\u5728\u50ac\u5316 4K \u5347\u7ea7\u5468\u671f\u3002<\/p>\n

4) BOE Technology (000725.SZ)\uff1a\u4f5c\u4e3a\u5168\u7403\u6700\u5927\u7684\u663e\u793a\u9762\u677f\u5236\u9020\u5546\u4e4b\u4e00\uff0cBOE \u5de9\u56fa\u4e86\u4e2d\u56fd\u5728 LCD\u3001OLED \u4e0e MiniLED \u80cc\u5149\u7684\u6210\u672c\u4e0e\u4ea7\u80fd\u4f18\u52bf\u3002\u91cc\u7a0b\u7891\uff1a\u5728\u591a\u9879\u5927\u5c3a\u5bf8\u663e\u793a\u7c7b\u522b\u5360\u636e\u9886\u5bfc\u5730\u4f4d\uff0c\u4e3a\u56fd\u5185\u54c1\u724c\u786e\u4fdd\u9762\u677f\u4f9b\u5e94\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u9762\u677f\u521b\u65b0\u4e0e\u826f\u7387\u63d0\u5347\u964d\u4f4e\u4e86\u5168\u7403 OEM \u7684 BOM \u6210\u672c\uff0c\u52a0\u901f\u4e86\u65b0\u5174\u5e02\u573a\u5927\u5c4f\u6e17\u900f\u3002<\/p>\n

5) Xiaomi (1810.HK)\uff1a\u5176 IoT \u5e73\u53f0\u8fde\u63a5\u8bbe\u5907\u8d85\u8fc7 6 \u4ebf\u53f0\uff0c\u5c0f\u7c73\u7684\u667a\u80fd\u7535\u89c6\u4e0e\u5bb6\u5ead\u751f\u6001\u4ecd\u662f\u7ecf\u5e38\u6027\u670d\u52a1\u7684\u5165\u53e3\u3002\u6210\u5c31\uff1a\u5c06 4K \u4e0e MiniLED \u673a\u578b\u4e0e\u8bed\u97f3\u52a9\u624b\u548c\u5bb6\u5ead\u5b89\u9632\u8282\u70b9\u6574\u5408\uff0c\u63a8\u52a8\u66f4\u9ad8\u7684\u8ba2\u9605\u9644\u52a0\u7387\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u5728\u5370\u5ea6\u4e0e\u4e1c\u5357\u4e9a\u6709\u5f3a\u5927\u5e03\u5c40\uff0c\u4f7f\u5c0f\u7c73\u5728\u4e2d\u56fd\u4ee5\u5916\u7684\u667a\u80fd\u5bb6\u5c45\u91c7\u7528\u4e2d\u4fdd\u6301\u6838\u5fc3\u5730\u4f4d\u3002<\/p>\n

6) Lenovo Group (0992.HK)\uff1a\u8fd1\u51e0\u5b63\u6309\u51fa\u8d27\u91cf\u8ba1\u4e3a\u5168\u7403 top \u7684 PC \u5382\u5546\uff0c\u6b63\u5728\u628a\u8be5\u89c4\u6a21\u8f6c\u5411 AI PC\u3001\u667a\u80fd\u663e\u793a\u5668\u4e0e\u4f01\u4e1a XR\u3002\u91cc\u7a0b\u7891\uff1a\u5546\u4e1a\u5316 AI PC \u63a8\u51fa\u4e0e\u8fb9\u7f18\u670d\u52a1\u5668\u90e8\u7f72\uff0c\u4f7f\u8054\u60f3\u80fd\u4e3a\u5c4f\u5e55\u4e0e\u534f\u4f5c\u8bbe\u5907\u63d0\u4f9b\u672c\u5730\u63a8\u7406\u80fd\u529b\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u8986\u76d6 180 \u591a\u4e2a\u5e02\u573a\u7684\u8de8\u56fd\u5206\u9500\u7f51\u7edc\uff0c\u4f7f\u8054\u60f3\u6210\u4e3a\u5728\u8fb9\u7f18\u63a8\u5e7f\u4e2d\u56fd\u6765\u6e90 AI \u529f\u80fd\u7684\u6760\u6746\u70b9\u3002<\/p>\n

7) BYD (1211.HK)\uff1a\u9664\u4e86\u7535\u52a8\u6c7d\u8f66\u5916\uff0c\u6bd4\u4e9a\u8fea\u7684\u50a8\u80fd\u4e0e\u8f66\u2014\u5bb6\u4e92\u8054\u80fd\u529b\u628a\u51fa\u884c\u4e0e\u5bb6\u7528\u7535\u6e90\u7ba1\u7406\u8fde\u63a5\u8d77\u6765\u3002\u91cc\u7a0b\u7891\uff1a2025 \u5e74\u7ea6 226 \u4e07\u8f86\u7684\u9500\u552e\u89c4\u6a21\u4f7f\u6bd4\u4e9a\u8fea\u5904\u4e8e\u72ec\u6709\u7684\u89c4\u6a21\u68af\u961f\uff1b\u5168\u7403\u5f71\u54cd\u70b9\uff1a\u5728\u6b27\u6d32\u4e0e\u62c9\u7f8e\u6269\u5c55\u7684\u4f4f\u5b85\u50a8\u80fd\u4e0e\u667a\u80fd\u5bb6\u5c45\u751f\u6001\u914d\u5957\uff0c\u652f\u6301\u4e0e\u5bb6\u7528\u663e\u793a\u5668\u548c\u5e94\u7528\u76f8\u5173\u7684\u8d1f\u8377\u79fb\u5cf0\u4e0e\u5907\u4efd\u529f\u80fd\u3002<\/p>\n

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