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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: China Unicom
Countries: China
::: add a comment
This article is part of dossier


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


China Unicom Yunnan to build access network with Hengtong, Akin, Ichinae

Published 04 Jun 2019 10:42 CET | China
China Unicom Yunnan has partnered with Hengtong Optic-Electric, Ningbo Akin Electronic Technology and Beijing Ichinae Science & ...

Ericsson, China Unicom develop 5G smart harbor at the Port of Qingdao

Published 26 Feb 2019 12:23 CET | China
Ericsson and China Unicom have announced they are developing a 5G smart harbor at the Port of Qingdao in China. The news follows ...

Cisco announces global launch of NB-IoT platform following China Unicom trial

Published 27 Feb 2018 11:30 CET | World
Cisco has announced at MWC that its Cisco Jasper Control Centre for NB-IoT (narrowband Internet of Things) is now available ...

China Unicom's H1 profit jumps 69%, revenue declines

Published 16 Aug 2017 21:31 CET | China
China Unicom saw its profit jump 68.9 percent year-on-year to CNY 2.42 billion in the first six months of 2017. The group ...

China Unicom partners Continental in mobility JV

Published 20 Apr 2017 09:21 CET | China
Germany-based Continental announced an agreement to start a joint venture with China Unicom Smart Connection, a subsidiary of ...

Huawei, China Unicom deploy 4.5G LTE-M based CIoT

Published 13 Jul 2015 09:53 CET | China
Huawei, China Unicom Shanghai and China Unicom Research Institute have teamed up to deploy Cellular Internet of Things (CIoT) ...

China accounts for 27% of world's M2M market

Published 09 Jun 2014 11:33 CET | China
China is the world leader in the adoption of M2M technology, with over 50 million connections or 27 percent of the global market ...