Connect with us

Hi, what are you looking for?

Economy

Huawei positions to be provider of new components of smart cars

CHINESE multinational technology company Huawei Technologies Co., Ltd. is positioning itself as a provider of new-added components of intelligent cars.

“The auto industry is now moving into a phase where it needs to digitally transform itself,” Ken Hu, Huawei’s rotating chairman, said at a virtual briefing on March 31.

“Huawei positions itself as a provider of new-added components of intelligent cars. This positioning is based on our belief that the information and communications (ICT) technologies we have developed would be very competitive,” he added.

He said the goal of the company is to enable car original equipment manufacturers (OEMs) to build better vehicles.

On its website, the company said it offers the following products to car OEMs: MDC (mobile data center) in-vehicle computing platform and intelligent driving subsystem solution; Octopus, a cloud service for autonomous driving (training, simulation, test); 4G/5G in-vehicle communication module/T-Box and network solutions; and HUAWEI HiCar people-car-home connectivity solution for all scenarios.

“Because of our efforts over the past years, we have built up a very solid knowledge base in the ICT industry. We have built on the ICT industry with continuous innovation. As such, ICT now and innovation represent a lot of what we can do to help the auto industry to digitally transform,” Mr. Hu said.

Huawei offers an internet of vehicles (IoV) solution that integrates data, devices, and operational management.

“Through the implementation of unified and secure network access, flexible device adaptation, and mass data collection and analysis, IoV contributes significantly to generate new potential revenue sources,” the company said on its website. — Arjay L. Balinbin

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Investing

Virgin Orbit’s next satellite launch will take place from the UK, following the success of the “Straight Up” mission, which lifted off from Mojave...

Investing

Post Office collection and cash delivery workers are to stage a one-day strike later this month in a dispute over pay. Members of the...

Investing

UK consumers cut back on credit card borrowing in May amid fears over rising interest rates and a slowing economy driven by a cost...

Investing

London City airport is seeking to overturn its Saturday flight ban and raise by 40% the limit on its passenger numbers. A local residents’...

Investing

The bank said that it was introducing a £1,200-a-year pay increase from August 1, which would start to show in next month’s pay packets....

Investing

Postmasters caught up in the Horizon IT scandal say that they are still being “left in the dark” about a compensation package after the...

You May Also Like

Investing

Having a good Instagram marketing agency to back up your Instagram account is an absolute must going into the new year. With competition stronger...

Economy

Ivermectin, an existing drug against parasites including head lice, has had a checkered history when it comes to treating COVID-19. The bulk of studies...

Investing

Insomnia is the most common sleep disorder in the global population. Therefore, it is a problem that many people suffer or have suffered throughout...

Investing

As a traditionally rigid insurance industry becomes bogged down by antiquated processes and operations, a handful of industry leaders are seeking to shake things...

Disclaimer: SmartRetirementReport.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 SmartRetirementReport. All Rights Reserved.