Zhongke Chuangda and Qualcomm form a joint venture to build an advanced intelligent hardware industry platform

On February 29, 2016, Zhongke Chuangda announced that it has established a joint venture with Qualcomm's investment entity in China, Qualcomm (Guizhou) Investment Co., Ltd., Chongqing Chuangtong Lianda Intelligent Technology Co., Ltd. (referred to as: Chongqing Chuangtonglian Da), settled in Chongqing Xiantao Data Valley. Qualcomm (Guizhou) Investment Co., Ltd. will become a minority shareholder of Chongqing Chuangtong Lianda. Chongqing Chuangtong Lianda Intelligent Technology Co., Ltd. will focus on accelerating the development and innovation of China's Internet of Things, including providing Qualcomm SnapdragonTM processor-based IoT solution support. Qualcomm SnapdragonTM processor is a product of Qualcomm Incorporated, a subsidiary of Qualcomm Incorporated. Chongqing Chuangtong Lianda plans to provide customers with “one-stop” products and services in various segments of the Internet of Things.

(Signing ceremony site)

Promote the integration of "Made in China 2025" and "Internet +"

Today China has developed into a core area of ​​the global wave of Internet of Things development. According to market research firm ABI Research, China's Internet of Things revenue is expected to reach $41 billion by 2020, far faster than other countries. In order to further expand the Internet of Things and support more intelligent hardware based on connectivity and computing, Zhongke Chuangda and Qualcomm decided to jointly establish Chongqing Chuangtong Lianda Intelligent Technology Co., Ltd.

(Mr. Wu Huaping, Secretary of Chongqing Yubei District Party Committee)

Meng Pu, chairman of Qualcomm China, said: "China has great potential for development in the field of Internet of Things. The ecosystem is vast and growing. The Internet of Things is also an important industry support for China's implementation of the 'Internet +' strategy. Currently we are working with Chinese manufacturers. The world's leading technology companies work together to innovate to help meet the growing demand of consumers in the Internet of Things. This time together with Zhongke Chuangda, Chongqing Chuangtong Lianda Intelligent Technology Co., Ltd. will help to rapidly expand and meet the different aspects of the Internet of Things. Sub-domain needs, with leading technology solutions and services to help local IoT companies continue to innovate and support customers to create a first-class connected experience for enterprises and consumers."

(Mr. Meng Pu, Chairman of Qualcomm China)

Chongqing Chuangtong Lianda is controlled by Zhongke Chuangda and will form a high-level technical team focusing on IoT technology platforms and services. The new company plans to develop and produce intelligent core modules and solutions based on Qualcomm SnapdragonTM processor, combining Qualcomm Technologies' world-leading SoC (System on Chip) technology with the powerful operating system and localization capabilities of CSK. Provides SoM (System on Module) solution integrating "core board + operating system + core algorithm". In the future, SoM will serve as the “brain” of intelligent hardware products in the Internet of Things field. With customization capabilities, it will be able to be applied to different market segments in the Internet of Things, helping customers lower product development thresholds, shorten time-to-market, and ultimately achieve competitiveness and differentiation. The IoT terminal products will also help provide relevant enterprises, entrepreneurs and innovators with a basic industry platform, accelerate innovation and development in the field of Internet of Things, and further promote the integration of "Made in China 2025" and "Internet +".

(Speaking at the CEO of Zhongke Chuangda)

Zhongke Chuangda CEO 耿 enhanced: “The establishment of Chongqing Chuangtong Lianda with Qualcomm (Guizhou) Investment Co., Ltd. is an important layout of Zhongke Chuangda in the field of Internet of Things. Combining Qualcomm's excellent chip technology strength and Zhongke Chuangda In terms of resource advantages in software and hardware integration solutions, we believe that Chongqing Chuangtong Lianda will become an industrial platform and an important driving force for the global intelligent hardware industry."

Settled in Chongqing to create an innovative ecosystem

The registered place of Chongqing Chuangtong Lianda will be Xiantao Data Valley in Yubei District, Chongqing. According to the statistics of the Chongqing Municipal Bureau of Statistics, as a major town in western China, Chongqing's GDP growth rate has been ranked among the best in the country for eight consecutive years, with an increase of 11% in 2015, leading the country. In recent years, Chongqing has accelerated the cultivation of strategic emerging industries with remarkable results. It has built one of the world's largest intelligent terminal bases and formed an industrial cluster of “machines and parts”. The electronic information industry has become the city's first pillar industry.

Mu Huaping, secretary of the Chongqing Yubei District Party Committee, said: "According to the functional requirements of the municipal party committee and the municipal government for the Yubei District, Yubei District is committed to developing the intelligent hardware industry, making it an important carrier of the intelligent manufacturing and innovation ecosystem. Qualcomm and Zhongke Chuangda settled in Xiantao Data Valley, which is a major event in the history of innovation development in Yubei District. This kind of cooperation will further improve Xiantao Data Valley innovation ecosystem, and create chip and sensor design, prototype development and manufacturing. Networking and big data are applied to the integrated intelligent hardware industry chain, which makes an important contribution to the construction of a national intelligent hardware industry base in Chongqing."

Qualcomm SnapdragonTM processor is a product of Qualcomm Incorporated, a subsidiary of Qualcomm Incorporated.

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