The Beidou Industry Alliance will raise 200 million to develop high-end chips

Wuhan, August 11 (Xinhua) yesterday, Hubei Province, the Beidou Industry Forum held in the Han Dynasty, the Hubei provincial Science and Technology Bureau party secretary Wang Dong personally for "Hubei Province Beidou Industrial Technology Innovation Strategic Alliance" opened, marking the first Beidou industry alliance in Hubei Province was formally established. The meeting revealed that Hubei province decided to raise 200 million of funds, to the Beidou high-end chip research and development.

The strategic alliance of Technology Innovation of Beidou industry in Hubei Province (hereinafter referred to as "Beidou Alliance") was established in May this year, by engaged in the Beidou related industry enterprises, institutions, research institutes jointly initiated the establishment, the existing initiator unit 18, directors/member units 42, the total output value of nearly 30 billion yuan, Huawei, Tencent are its member units.

Beidou satellite navigation system, as China's independent research and development, independent operation of the satellite navigation system, is currently in a vigorous development, rapid growth of the outbreak period, its high technical content, long industrial chain, driving strong, coupled with a broad market space, strong policy impetus, economic and social benefits of a large, It will become an important breakthrough to solve the transformation and upgrade of satellite navigation industry. According to the China Satellite Navigation and Positioning Association forecast, by 2015, the satellite navigation and location service industry output will exceed 225 billion yuan, to 2020 will be more than 400 billion yuan.

Beidou navigation system has innate development advantage in Hubei Province. In March this year, China's first Beidou satellite navigation ground Enhancement Network-the Beidou Foundation Enhancement system Hubei Demonstration project completed the test run. The Beidou Foundation enhancement system greatly improves the positioning accuracy, sensitivity and positioning speed of Beidou terminal, and can improve the competitive ability of Beidou satellite navigation system and GPS.

The formation of the Beidou Alliance will further draw the resources of Hubei Beidou industry, realize capital, technology, manufacturers, government resources sharing, information exchange, let the Beidou industry landing and form the application.