山西证券：关注6G领域的投资机会

Core Insights - The report from Shanxi Securities highlights that the most significant changes in 6G compared to 5G are in three areas: antennas, wireless air interface (integrated space-ground communication), and AI-native capabilities [1] Group 1: Antenna Technology - 6G will introduce giant MIMO technology to support higher communication frequencies, larger bandwidths, and more connections, along with RIS intelligent super-surface antenna array technology for precise sensing and dynamic beam adjustment [1] - The most notable changes will occur in base station design, antenna materials, RF devices, and signal processing [1] Group 2: Wireless Air Interface - The integrated space-ground communication will enable direct connections between satellites and mobile devices, with advancements in satellite payloads, inter-satellite routing, and core networks as 6G standards mature [1] - This development aligns with the booming satellite internet industry both domestically and internationally [1] Group 3: AI-Native Capabilities - 6G networks will enhance beam control, network management, overall network scheduling, and computational service access, serving as a crucial communication means for rich AI applications [1] - The current industrial technology trend of 5.5G is seen as a precursor to 6G, with important changes such as integrated sensing, NTN, and endogenous AI warranting attention [1] Group 4: Companies to Watch - Companies to focus on include ZTE Corporation, Xinke Mobile, and Tongyu Communication [2]