With the increasing market value, the Internet of Vehicles has become a must for all major industry giants. In this process, cross-border cooperation and strong cooperation have become one of the ways for many companies to enhance their self-market competitiveness.
In 2016, it was a year of renewal of the automotive industry in Vientiane. The words such as car networking, autonomous driving, and tire pressure monitoring became hot topics of the year, and the number of incoming users gradually increased. With the development of the Internet and the rejuvenation of car buyers, cars have gradually moved toward intelligence, and the Internet of Vehicles has emerged.
Driven by favorable policies and market demand, the Internet of Vehicles market has been expanding. According to the data from the Forward-looking Industry Research Institute's "Marketing Market Prospects and Investment Strategy Planning Analysis Report", the number of vehicles equipped with pre-installed car networking equipment in the world was 17.5 million in 2015, and is expected to reach 75 million by 2023. In 2015, the scale of China's car networking market is expected to exceed 150 billion yuan. In 2020, 90% of cars will have Internet access. In the next three years, the scale of China's car networking market will exceed 200 billion yuan.
With the increasing market value, the Internet of Vehicles has become a must for all major industry giants. Baidu built an unmanned vehicle. In 2015, it proposed “three-year commercial, five-year mass production†and invested in Uber. In 2014, Alibaba acquired Gaode in full for US$1.1 billion. At the same time, cross-border cooperation has become a good choice among enterprises in the face of increasingly fierce market competition.
On the evening of December 26, NavInfo announced that it will jointly acquire a 10% stake in Dutch map service provider HERE with Tencent and the Singapore government investment company. The transaction amount is based on HERE's corporate value of 3.1 billion euros, and the final equity value is determined based on HERE's liabilities and cash.
In terms of specific operation methods, NavInfo, Tencent and Singapore Government Investment Corporation will jointly fund the establishment of a new company in the Netherlands, SIWAY, and acquire the equity of HERE from SIWAY. Among them, NavInfo, Tencent, and Singapore government investment companies accounted for 40%, 18%, and 42%, respectively.
China's map service provider NavInfo and its shareholders, Tencent, finally "chased" the original map business HERE. Through the capital marriage, NavInfo and Tencent will jointly develop the Chinese and foreign markets with HERE. Internet analyst Fu Liang believes that the acquisition should be a failure of NavInfo and Tencent Holdings HERE, and the next best choice. Through the marriage of capital, the strategic cooperation between the two sides can be further advanced.
Shortly thereafter, China Unicom, one of the three major operators, also began to explore the Internet of Things. On December 29, China Unicom and Cheetah signed a comprehensive strategic cooperation agreement in Beijing. The two sides will carry out comprehensive and in-depth cooperation in many aspects such as automobile informationization, industry informationization, enterprise communication and resource sharing.
According to reports, China Unicom and Cheetah will carry out in-depth cooperation in vehicle networking projects, new energy projects, automotive informatization-related industry information, corporate communications, marketing, etc., and target cutting-edge technologies and travel application services in the field of vehicle networking. Continue to explore in depth and develop their respective advantages to create a smart car lifestyle for the future.
China Unicom and its automotive information professional operating subsidiary Unicom Zhiwang Technology Co., Ltd. have cooperated with more than 20 auto companies to provide 4G communications, call centers, operations and other services for auto companies. According to industry insiders, in the "Internet +" era, the in-depth cooperation between China Unicom and Cheetah Motor is undoubtedly an important measure in the strategic transformation of both sides. It will enhance the market competitiveness and industry competitiveness of both parties, and achieve a high degree of integration between informationization and industrialization. This cross-border innovation cooperation will also have a positive impact on the development of the domestic automotive industry and communications industry.
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