Hong Kong Stocks Movement | ZTE (00763) Surges Over 7% on Reports of AI Phone Collaboration with ByteDance to Launch Early This Month

Stock News12-01

ZTE (00763) rose more than 7%, reaching HK$33.64 by the time of writing, with a trading volume of HK$765 million. According to exclusive reports, sources from the supply chain indicate that the AI phone jointly developed by ByteDance and ZTE is set to launch in early December. ByteDance is leading the integration of its Doubao AI model and defining AI interaction features, while ZTE is responsible for hardware specifications, product design, and manufacturing.

Insiders reveal that, compared to mainstream AI phones currently available, this device features deeper integration and restructuring at the hardware, software, and even operating system levels, positioning it as an "AI Native Phone." Analysts from Huachuang Securities previously noted that ZTE possesses strong technical expertise in hardware design, R&D, and production. The application of AI technologies like the Doubao model as a system-level capability could significantly expand the boundaries of AI in smartphones, enabling broader real-world applications. They recommend monitoring the phone's development progress and its potential impact on the market valuation of ZTE and its partners.

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