US EUROPE AFRICA ASIA 中文
    Business / Technology

    China Mobile says its internet-of-things sales to hit $15b

    By Ma Si (China Daily) Updated: 2016-06-30 08:07

    China Mobile says its internet-of-things sales to hit $15b

    Attendants stand in front of the logo of China Mobile at a venue for the launch of Xiaomi's new smartphone in Beijing. [Photo/Agencies]

    China Mobile Communications Corp, the world's largest telecom carrier by subscribers, aims to grow its internet-of-things revenue to 100 billion yuan ($15 billion) by 2020, as technological advances make it possible to put home appliances, vehicles, shoes and other items online, a company executive said.

    Li Yue, CEO of China Mobile, said on Wednesday that IoT will be one of its most important growth drivers as the State-owned company is transforming from a wireless operator to a digital service provider.

    With about 1.3 million 4G base stations across the country, China Mobile operates the world's largest 4G network. As of May, the company has more than 400 million 4G subscribers, more than that of smaller rivals China United Telecommunications Corp Ltd and Telecommunications Corporation combined. But, the company is searching for new revenue sources, after internet-based messaging services have eaten into the company's once-lucrative voice calls and text business.

    "If everyone can link 10 items online, China will have at least 10 billion internet-enabled connections by 2020. This is a huge opportunity," Li said at the 2016 World Mobile Congress Shanghai.

    The company is trying to add some 5G technology into the 4G networks and it is stepping up efforts to realize the commercial application of 5G by 2020.

    Qiao Hui, deputy general manager of China Mobile's IoT branch, said the telecom giant is expected to connect 5 billion items by 2020, which will generate 100 billion yuan in revenue.

    China's consumer-level information market is expected to hit 5.5 trillion yuan by 2020, with an annual growth rate of 13 percent over the next five years, China Mobile forecasts.

    Xiang Ligang, a Beijing-based expert and founder of industry website cctime.com, said: "China Mobile's huge 4G presence and its cutting-edge 5G research will give the company an edge in capitalizing on IoT."

    "But instead of developing all the products itself, the company should cooperate with more smart hardware makers to build an ecosystem," Xiang said.

    Other Chinese telecom operators are also rushing to pounce at new technologies to grow business.

    Yang Jie, chairman of China Telecom, China's third-largest mobile provider, said in his first public speech after taking the helm, that the company will focus on leveraging artificial intelligence and big data to offer smarter telecom services. The strategy is quite different from that of China Mobile, which places more emphasis on building up user base, analysts said.

    Hot Topics

    Editor's Picks
    ...
    久久久久亚洲AV无码专区桃色| 日本三级在线中文字幕在线|中文| 中文人妻无码一区二区三区 | 亚洲日韩中文无码久久| 中文无码一区二区不卡αv| 亚洲色中文字幕无码AV| 中文字幕亚洲第一在线| 亚洲av无码成人精品区在线播放| 亚洲av无码片在线播放| 中文无码人妻有码人妻中文字幕| 天堂亚洲国产中文在线| 东京热加勒比无码视频| 13小箩利洗澡无码视频网站免费 | 久久无码一区二区三区少妇| 国内精品人妻无码久久久影院导航| 中文有码vs无码人妻| 国产精品无码AV一区二区三区| 久久AV高潮AV无码AV| 玖玖资源站中文字幕在线| 亚洲中文字幕久久精品无码APP | 中文字幕亚洲精品无码| 91精品久久久久久无码 | 亚洲欧美日韩另类中文字幕组| 中文人妻无码一区二区三区 | 韩国中文字幕毛片| 国产午夜无码专区喷水| 国产日产欧洲无码视频无遮挡| 国产av无码专区亚洲av桃花庵| 无码人妻精品一区二区在线视频| 人妻丰满熟妇aⅴ无码| 炫硕日本一区二区三区综合区在线中文字幕 | 中文字幕乱码中文乱码51精品| 无码少妇一区二区浪潮av| 东京热无码av一区二区| 18禁免费无码无遮挡不卡网站 | 无码h黄动漫在线播放网站| 亚洲日韩精品一区二区三区无码 | 日韩三级中文字幕| 五月天中文字幕mv在线女婷婷五月 | 无码精品日韩中文字幕| 无码精品视频一区二区三区|