HED in the News
Beidou business opportunities gaining momentum, HED to find partners in Taiwan

Source:Digitimes
Currently, Beidou Navigation Positioning System - one of four major global navigation satellite systems, has been included by the mainland government into China’s national strategic emerging plans. It is expected that by 2020, the scale of Chna’s mainland navigation industry will exceed RMB 400 billion yuan, the contribution rate of Beidou in the navigation application market of mainland China could be as high as 60%, and that in important application fields are even to reach 80%, so its huge business opportunity is self-evident. And undoubtedly, this is strongly attractive to Taiwanese and overseas industry insiders who are focusing on business opportunities in mainland China.

The famous IC enterprise from mainland China - CEC Huada Electronic Design Co., Ltd. (hereinafter referred to as the "HED"), comes to attend the COMPUTEX international computer exhibition held in Taiwan in 2015. HED is the outstanding one among the mainland suppliers of integrated circuits, and also holds a certain share in the global market, and by the end of 2014, the accumulated quantity of enterprise’s chip shipments has reached 4 billion pieces. In 2013, HED formally expanded its business to the navigation field, and successively introduced multimode-compatible Beidou GNSS SoC chips with its own technological advantage and unique GNSS industrial eco-chain, and then successfully brought its application solutions and products to the market jointly with partners.

And undoubtedly, the booming IOT and wearable devices markets brought a broader business opportunity to manufacturers that are committed to the satellite positioning industry. As a professional positioning chip design company, HED can not only provide high-performance positioning chips of small size and low power consumption, but also open its secondary development platform, which can realize the customized products for customers.

In the exclusive interview of digitimes, Sun Zhongliang - the general manager of HED navigation division - expressed the hope that they would make extensive exchanges with Taiwanese and overseas solution providers as well as related industry insiders, in order to expand cooperation opportunities and tap the IOT & wearable devices market opportunities in mainland China. HED has successfully stablished cooperative partnerships with manufacturers by now, and its COMPUTEX booth for this exhibition is located at No.I1201, Floor 1 of Nangang Exhibition Center. Warmly welcome people from all walks of life to come for discussions and exchanges.
(Link address:http://www.digitimes.com.tw/tw/iot/shwnws.asp?CnlID=13&Cat=20&id=427705)
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