Exploring the concept of smart glasses

  is seen as another revolutionary product after personal computers and smartphones, which is bound to change the industrial landscape and change people's lives.   Smart glasses concept Pathfinder parts Manufacturers "double-dipping"   Jiang Yiman   Recently, Google's thunder has significantly overshadowed Apple, Apple's share price declines, while Google's share price has hit a new high. This obviously and Google is ready to launch smart glasses have a big relationship.   in the A-share market, the recent emergence of smart glasses concept stocks a wave of "small market." Among them, Kang-resistant special (300061.SZ) once appeared trading.   recently with the announcement of Connet clarification, the concept of smart glasses has been recalled. In addition to the Connet, another concept company, Lida Optoelectronics (002189.SZ) has not been able to maintain the previous rally.   "The concept of smart glasses has not yet formed an obvious hot spot, but as a new technology that promises to change the way of life, its influence in the market is not negligible." Investors can still follow this concept. China Gold Securities Wealth Management Center analyst Zhang Yang to the first financial daily newspaper, "financial quotient" reporter said.   Smart glasses is expected to lead the new wind tide   according to overseas media reports, Google Glasses final full version of products will be shipped at the end of 2013, the price is less than 1500 U.S. dollars. At the same time, Apple submitted the "class iwatch (smart watch)" Equipment flexible touch screen patent. This shows that the Giants are already in the "Next Generation Market" to launch new products and gearing up.   It is understood that wearing Google glasses, you can voice search routes, restaurants and other information, but also to take pictures of the picture frame down, check the time, temperature and so on.   In addition to Google, Lumus, Vuzix, Lansite and other companies in the development of similar Google Glasses prototype products (transparent head-wearing display equipment), several technology giants such as Apple, Microsoft, Olympus also early on the smart glasses patent layout. Shire, a senior researcher at the   CIC, said that smart glasses set voice photography, chat and network sharing, and even translation, and other functions in one, is today's glasses in the field of the highest technology content, the most powerful products, the future development prospects are very good, contains huge business opportunities.   "Google's launch of this product is quite noteworthy, because it can free hands, is a new product, and the price is not expensive, is expected to become popular in the future." "Yang said. Smart glasses, with their smartphone capabilities, also have the killer features to meet the consumer's portability and demand for large-screen video, which is the biggest bottleneck in the current smartphone development,   Guotai said in a report published. As an alternative and effective complement to the future smartphone, smart glasses will be a revolutionary product in consumer electronics, after PCs and smartphones. &nbSp; The broker expects that if the Google Glasses consumer version in 2014 by the market warm welcome, then the smart glasses market size is expected to lead the company under the leadership of Google glasses led by the outbreak of growth, under the premise of the next 3 years smart glasses will be able to reach 1 billion ~20 billion of the market scale.   In fact, Google's smart glasses are often compared to Apple's smartphone, but because the product is not available, so it is difficult to conclude.   "The development of smart glasses is beyond doubt, but there is doubt whether it can be effectively promoted." As a representative of High-tech glasses, smart glasses in the collection of many functions at the same time can effectively reduce production costs and sales prices worthy of the attention of the industry. "Shire said.   In fact, there are still many problems in the development of smart glasses. Facebook founder Mark Zuckerberg, who first tried to wear Google glasses, thought it was "awkward" and "disrupted normal eye contact." In addition, how to solve the accuracy of speech recognition, WiFi can be large area coverage is also considered smart watches and glasses to face the problem.   "smart phone concept from the proposed to the popularization of the last ten years." Smart watches and smart glasses also need time to grope. At present, most consumers do not know what smart watches, glasses are, manufacturers also need to understand consumer needs and experience, the product and business, application integration, build an industrial chain. It is expected that the popularization will take 3-5 years. Telecommunications expert Xiang said.   A A-share related parts manufacturers can be concerned about   in this week's wave of smart glasses concept stock market, Kang-te is undoubtedly the leader. It is understood that the company is mainly engaged in the production and sale of new resin optical glasses. The company's share price has been reversed as the company announced that it was developing 3D glasses and said nothing about smart glasses.   Still, analysts believe that with Apple's innovative ability to weaken, Google's new product is expected to create a similar apple-like miracle, the two-tier market for smart glasses concept Unit is also expected to benefit from Google's technology innovation.   "Due to the uncertain timing of the listing of smart glasses, the benefit of the target is not clear, so at present still stay in the concept of speculation stage." When Google's smart glasses to the market or in the domestic presence of a certain order, this concept will have more space. Overall, the company that is related to parts and components deserves attention. Zhang Yang said.   Guotai predicts that, like smartphones, many companies in the country will be involved in the booming development of smart glasses, which are most likely to benefit from companies that have some technical barriers, large customer resources and a more obvious advantage.   "In the period of smart glasses is still in the concept of speculation stage, the market capacity of 3D glasses has not been fully released, with powerful smart glasses still need time, the upper and lower reaches of the industrial chain also needs to be further improved and combed。 "Shire said.   According to the introduction, the current two cities have a number of companies with smart glasses concept, of which, Crystal Photoelectric (002273.SZ) in the micro-projection field layout earlier and provide optical lenses for the camera module; Song er Acoustics (002241.SZ) mainly produces miniature loudspeaker and receiver , and the ring-Asahi Electronics (601231.SH), which produces WiFi modules, also deserves attention. Zhao Reiu,   Securities investment adviser, said smart glasses concept unit is expected to benefit from becoming a new hot spot, but in the current market direction of unknown environment, investors participate in the concept of speculation, to in-depth study of the fundamentals of stocks, as well as the concept of relevance, short-term leading Kang, because of its performance decline faster, Suggest appropriate avoidance. Graphics/Zhengqin Tao   Crystal optoelectronic: Video glasses have technical reserves this year's results also see blue glass filter   Jiangqiusia   Google is about to launch smart glasses news Let the market begin to focus on the concept of smart glasses unit, Crystal Photoelectric (002273.SZ) is clearly a noteworthy company.   reporter learned in the interview, the company has previously set up a joint venture subsidiary to the layout of the micro-investment industry chain, and micro-investment technology and video glasses-related, you can say that the company has a certain advantage in this respect.   In fact, since last December, the share price of crystal photoelectric has been rising successively. As of March 1, the company's share price received 28.39 yuan, the cumulative increase of 55.99% in the last 3 months.   After a round of gains, the company's valuations were relatively high. Can the company's current performance and technical reserves support current stock prices?   Micro-investment technology is expected to benefit from the development of video glasses   as an optical electronic components manufacturing leader, the company mainly produces optical low-pass filter (OLPF) and infrared cut-off filter (IRCF), its products are widely used in digital cameras, can be photographed mobile phones, computer cameras, monitoring systems, projectors, Video game consoles and other fields.   Recently, the Crystal photoelectric release announced that last year, the realization of the operating income of 592 million yuan, attributable to the parent company net profit of 1.48 million yuan, year-on-year growth of 36.6% and 21.2%, the corresponding EPS for 0.59 yuan, slightly lower than the market expectations.   The company's four-quarter earnings and its parent company net profit fell 4.22% and 22.75%, respectively, on a month-on-month basis. It is reported that, because the company's digital camera customers mainly Japanese manufacturers, the company mainly using the yen settlement, and the last four quarters of the yen relative to the renminbi depreciation of more than 10%, so the company's four-quarter results negatively. Shen Jianfeng, an analyst at Hongyuan Securities, expects the impact to continue into the first quarter of this year.   Although Crystal photoelectric performance is not particularly bright compared with other electronics companies, its technical reserves are clearly of interest to the market.   It is understood that the company 2009 years by holding 72.74% of the joint venture subsidiary Crystal King Photoelectric layout micro-investment industry chain.   "micro-investment technology refers to micro-laser projection technology, laser scanning mode imaging, currently mainly used in aerospace, remote control and other relatively high-end professional field, the future of micro-investment technology will be more used in digital cameras, digital cameras, MP4 and other portable devices. With the release of the first smart glasses, the future of the video glasses market is about to start, and micro-investment technology in this area must be useful. "said Tianboshen, a research fellow in the electronics industry, CIC.   earnings showed that by the end of last June, Jing Jing Photoelectric realized operating income of 1.5055 million yuan, profit loss of 1.6807 million yuan. Mainly because the micro-investment products are still in the incubation period, has not realized the bulk of sales.   "video glasses project from the early stages of several parts, dozens of parts, to the present sample of components, the progress is relatively smooth." Now the video glasses have not been introduced, so it is difficult to determine the terminal manufacturers. As to whether the bulk shipments, depending on the end of the market to promote the industrialization of the situation. The company's securities office said.   company said that mobile phone embedded micro-cast because of its own technology, such as projection brightness, heat dissipation and battery life, there are still some upgrade space, the company to adjust the idea, and then focus on the Sony-led DV products, children's education market, story machine projection, penetrating visual glasses and other related fields. Penetrating visual glasses is still in the research and development stage, the development process is good, but the industrialization time is not clear.   "This year will have a number of video glasses, including Google glasses to launch the market, new innovative market." The company's micro-investment technology products will be the key optical components of video glasses, accounting for the high proportion of video glasses cost. Through cooperation with foreign video glasses manufacturers, is expected to take the lead in the domestic market, or will enjoy several times the existing business market space, which constitutes the company's long-term growth, will further promote the company's valuation level. "National Gold Securities analyst Cheng think.   Blue Glass is this year's performance growth of the main power   micro-investment technology although very moving, but the specific time can be produced for the company's performance improvement is not clear, and its biggest performance this year is the blue glass filter.   "Crystal Photoelectric main points in its core technology, which blue glass infrared cut-off filter is driving the company's performance growth of the core of the new power for the late intelligent terminals related to the optical device product market, the main competitiveness, The early development of SLR single digital camera precision thin film optical components market is expected to gradually warmer under the environment of easy monetary policy. "Tianboshen said.   According to the introduction, medium and low pixel mobile phone camera modules generally use infrared cut-off filter, that is, on the white glass coated with a film to reflect the infrared ray, but this structure in the process of photography is prone to color bias. Blue glass Filters do not have this problem.   Apple inThe industry's first use of blue glass filter, 2011 launched the main lens module iphone used blue glass, follow-up iPhone5, IPad Mini and other products of the lens module are also used in blue glass. and Crystal photoelectric in last year's annual report said high-end smart phone with blue glass infrared cut-off filter July has achieved mass production, for the second half of the business has laid a good foundation.   Guotai estimated that the blue glass filter 2012-2015 years of market size (production value) of the annual composite growth rate of 55.06%, to the crystal photovoltaic as the representative of the middle reaches of the leading coating manufacturers will be in the blue glass filter to replace the traditional infrared cut-off filter to benefit from the upgrading.   Cheng that the company as the world's few large production of blue glass filter manufacturers, will benefit from the blue glass filter to the high-end mobile phones, tablet application infiltration, so the valuation will be upgraded.   Guotai estimates that 12% of the 2012 Crystal PV revenues will come from blue-glass filters.   "Crystal photoelectric advantage lies in its current technology, the risk is also from the technology, core technology blue glass filter penetration rate is not expected to achieve the target of market pry." The valuation of crystal photoelectric by investors high means that a certain risk will be formed. "Tianboshen thinks.   Minsheng Securities believes that, although Apple's iphone 2013 shipments may be lower than expected, but 2012 the company's mass production time of only 5 months, and 2013 to contribute to the annual performance.   "Crystal photoelectric belong to the agency more optimistic that it has long-term investment value of the company, before the rise is good, relatively high valuations, at present, the company is still in the bull market, investors can pay due attention to." "said a shanghai-based brokerage analyst.   As of March 1, the crystal photoelectric price-earnings ratio (TTM) is 55.6 times times higher than the industry average.   Hongyuan Securities, the company is expected to achieve 2012-2014 year net profit of 148 million, 224 million, 284 million yuan, 3 years compound growth of 32%. The main aspect of the company this year from the blue Glass filter product substitution and Google glasses, suggested "overweight."   Risk suggests:  market competition is increasingly fierce risk; smart glasses fail to develop as expected.   Blue glass filter:  low pixel mobile phone camera module generally uses the infrared cut-off filter, namely on the white glass coating a layer to reflect the infrared ray, but this kind of construction in the photograph process is apt to produce the color deviation problem. With more than 8 million pixels and more cameras become the mainstream of high-end mobile phones, consumer demand for mobile imaging more and more high, and the use of BSI back-camera can effectively modify the process of photographing the color bias, improve the CMOS sensitivity and pixel impurities problem. Now BSI back-cameraThe head is generally configured with 5 optical lenses and a blue glass filter with 4 layers of coating, the blue glass filter is coated on the blue glass layer of film to filter the infrared (blue glass absorption infrared, coating reflection infrared), which makes blue glass filter as a high-end mobile phone camera essential components.   Schedule Smart Glasses list   Source: Guotai Securities Research   Market main participants product pricing forecast time   Google Google Project Glass developer version 1500 dollar developer Version 2013 listing,  consumer version late one year listing   Lumus Lumus OE-31 500 USD 2013   Vuzix Smart glasses M100 500 USD 2013 Summer   Blue Rooster PMD (Monocular) and MG1 (binocular) N/a March 2013   Olympus MEG4.0 N/a n/a  Apple iglass N/a n/a  Microsoft transparent helmet-style glasses N/A n/a  this two years smart Glasses List of listed