Recently, Xinsheng Technology Co., Ltd., a wholly-owned subsidiary of China Mobile's Internet of Things subsidiary of China Mobile, officially operated independently in July 2021. According to the future layout of Xinsheng Technology, the company will devote itself to the research and development of IoT chips and applications.
Facing saturated personal user market, and cellular network operators seek transforming and breaking through
In addition to the hot market and the influx of capital, one cannot help but ask, why does China Mobile cut into the IoT chip track at this time?
The reason is that, on the one hand, the mobile phone growth ceiling is becoming more and more obvious. After the personal user market is saturated, operators urgently need to transform, and then focus on the market cake of the Internet of Things. After China Mobile’s big connection strategy was proposed in 2016, The Internet of Things connection has experienced rapid growth, and there is also an extremely high demand for Internet of Things chips.