China Unicom quickly seizes industry application position

China Unicom (600050) recently signed a cooperation agreement with auto maker BYD, Chery, Jiangsu Jinlong, etc. According to the agreement, a number of car manufacturers will use China Unicom's automotive information system, to provide automotive after-sales service including location, remote diagnosis, rescue and other communications support.　　Analysts believe that industry applications are expected to become the future of China Unicom's new business. The industry application or the killer is limited by the speed of the network, currently only China Unicom can provide many car manufacturers similar services.　　China Unicom is also rapidly seizing the market and has signed a cooperation agreement with most of its domestic carmakers, it said.　　China Unicom believes that it has a unique advantage in the 3G network, which will enable China Unicom to show strong competitive power in the application of the industry. In the 2G era, China Unicom invested in the construction of a 2.5G CDMA network, but its advanced technology was defeated by China's mobile price advantage.　　Now the same doubts exist in Unicom's current 3G network WCDMA. In this connection, Unicom people said that the reasons for CDMA nationalists awry more complex, including a lack of terminal factors, and this in the WCDMA network does not exist, China Unicom is the only one to introduce Apple's iphone domestic telecom operators.　　At the same time, the 2G and 3G communication era is different in nature, data communication will become the main source of revenue for operators, and this is the advantages of China Unicom WCDMA. The cooperation with BYD shows the technological advantages of China Unicom.　　China Unicom's Dong Zhang Baoying revealed that the automaker's network speed calls for a setback for other rivals.　　In addition, China Unicom's 3G business began to widely enter the securities, insurance and other industries. At present, insurance companies to reduce the operating costs of insurance and compensation claims moral hazard, and the use of car insurance mobile site survey. Insurance companies such as PICC, Pacific and other insurers have launched the Mobile Vehicle Insurance Survey project.　　Car Insurance Mobile survey needs to upload real-time survey site video, the operator network uplink rate requirements are high, the current Pacific insurance in Dongguan, Guangdong Province, the pilot, Unicom network test situation best.　　It is reported that China Unicom has signed a contract with the PICC, its mobile phone viewing project will be in the PICC Hebei, Heilongjiang, Shanxi and other branch implementation.　　China Unicom's Shandong branch of the data show that the current industry application of Shandong Unicom income has accounted for one-third of the total income. 3G users close to tens of millions of China Unicom has just released the August operating data show that the current month of the new WCDMA users 1.01 million, the chain increased by 7.3%. In the four months since May, China Unicom 3G new users have maintained a growth rate of around 1 million.　　China Unicom's 3G users have reached 9.511 million households, close to breaking the tens of thousands of users mark.　　Analysts said that with the September China Unicom Iphone4 began to accept the reservation, China Unicom's 3G new users will continue to increase the quarter-on-quarter trend. China Unicom August Fixed-line telephone users lost 424,000, the loss of the scale of the chain increased by 33.8%, mainlyis a PHS user's acceleration off the net cause.　　At present, PHS users have been less than tens of thousands of households, PHS user loss will gradually weaken the impact.　　According to the Unicom plan, the WCDMA network will be covered in all the counties in the country by the end of 2010, covering all the towns in the developed areas.　　And in China Unicom's recent investor exchange, Unicom revealed that in Jinan, Shandong Unicom has built nearly 2000 physical base stations, the number of base stations has been close to China Mobile.　　However, industry analysts believe that Unicom's business promotion in the public and industry markets has yet to prove that the current business can only increase the company's valuation, the performance of the increase also need to wait patiently. China Unicom in the first half of this year to achieve operating income of 84.42 billion yuan, net profit of 2.45 billion yuan, the year-on-year decline of 62.3%, the basic earnings per share of 0.04 yuan. Market analysts believe that China Unicom's first half profitability than expected.