Partners to tap latest IOT tech

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December 16, 2016

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Partners to tap latest IOT tech

By Zhu Shenshen | December 16, 2016, Friday |

Print Edition

CHINA Mobile is partnering Ericsson Inc and Mobike to adopt the latest Internet of Things technology to better locate and track sharing bikes.

The new narrow-band IOT technology can be used in parking lots, industrial plants, rural regions and other places without a mobile network coverage, said Sweden’s Ericsson, which also said it would set up a new IOT research center in Shanghai.

The new technology can help Mobike users to easily locate and find bikes. It also helps Mobike, a bicycle-sharing startup, to find lost bikes faster. It can also help China Mobile to improve its network coverage ability by 5-7 times, the firms said.

China’s IOT market is forecast to grow an average 13.3 percent a year to US$361 billion by 2020.

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Partners to tap latest IOT tech

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