Recently, Allystar Technology (Shenzhen) Co., Ltd. (hereinafter referred to as “Allystar”), a leading provider of GNSS navigation and positioning chip-level solutions announced a global strategic partnership with Fibocom (Stock Code: 300638), a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules, to jointly develop the global application market of GNSS module. The two companies will focus on the market demand of high-speed growth of connectivity and high-precision positioning in the era of 5G, to carry out the in-depth cooperation and provide high-precision GNSS positioning solutions for industrial applications such as asset tracking, vehicle positioning, logistics and transportation, and intelligent manufacturing.

With over 30 years of experience, Allystar has engaged in the design, integration, manufacture, test, sale and related businesses of chips, algorithm, modules and terminal products. We have a solid foundation in the integrated baseband and RF design, algorithm research and solutions development of GNSS navigation and positioning chips.

Allystar and Fibocom will devote to the improvement of positioning solutions, including but not limited to single and dual-frequency GNSS positioning, high precision Real Time Kinematic (RTK) technology, inertial navigation, etc. Combining Allystar’s professionalism in high precision positioning chipset development, and Fibocom’s expertise in wireless communication as well as global marketing capabilities, a variety of high-performance GNSS module solutions will be available, boosting the deployment of location-intensive IoT applications such as C-V2X, asset tracking, smart logistics, IoT, sharing economy, smart agriculture, etc.

Sun Zhongliang, General Manager of Allystar, commented: “Since BeiDou-3 has now entered a new phase of global service after it started stable operation, Allystar and Fibocom will work together to promote the large-scale commercialization of GNSS navigation and positioning modules, and contribute to the vigorous development of GNSS.”

Jason Zhu, Director of IoT Product Line, Fibocom, commented: “The demand of GNSS positioning for IoT has a promising market, and is also one of the focus areas of Fibocom. By establishing the strategic partnership with Allystar, both parties can greatly leverage their advantages in product R&D, resources and business ecosystem to accelerate the large-scale application of high-precision positioning technology in various industry sectors.”