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Wireless

China Unicom's IoV Subsidiary Smart Connection Technology introduced 9 strategic investors

Monday 29 April 2019 | 15:37 CET | News
China Unicom's Internet of Vehicle (IoV) subsidiary, China Unicom Smart Connection Technology successfully introduced nine strategic investors, including the largest auto-mobile OEMs in China such as FAW, Dongfeng, GAC, among others, in the run-up to the forthcoming 5G. Smart Connection Technology expects this will secure better industry resources and competitive advantages. Following the introduction of strategic investors, China Unicom's shareholding in Smart Connection Technology will reduce from 100 percent to 68.88 percent.

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Categories: Mobile & Wireless
Companies: China Unicom
Countries: China
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