China - September 25, 2024

AI-powered consumer electronics gain momentum in Chinese market

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From personal computers to wearables, Chinese tech companies are busy rolling out AI powered devices lately.

One company in south China’s Guangdong Province recently released a pair AI glasses equipped with LLMs, large language models, that can translate and transcribe speech in real time.

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Yu Yana, executive director of tech company in Shenzhen:

"Our smart glasses have undergone five iterations from January of this year until now. We expect the overall shipment volume of smart wearable devices in the latter half of the year to be conservatively estimated at no less than 100,000 units."

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Recent data from market research firm, International Data Corp, predicts that China's PC market will maintain steady growth momentum in the next five years, with AI-powered PCs estimated to make up 85 percent of the overall PC market share in China by 2027.

As PC manufacturing continues to recover, Chinese electronic component makers are seeing a surge in orders.

This company that produces laptop cooling systems says they added more production lines to meet demand.

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Qiu Shijia, head of production technology department of electronics company in Suzhou:

"In the first half of this year, there was a growth of around 30 percent compared to the previous year, reaching approximately 2 million units. It is expected that this growth will continue in the second half of the year, essentially reaching around 2.4 million units. Additionally, the number of production lines has increased from the original 15 lines to 18 lines."

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Data from IDC also shows that global shipments of AI PCs will grow from nearly 50 million units this year to more than 167 million by 2027, which will account for nearly 60 percent of PC shipments worldwide.

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