Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

TRENDING
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
LATEST
China's AutoFlight Rolls Out World’s First 5-Ton eVTOL
Alibaba AI App Crashes After 3 Billion Yuan Giveaway Sparks Frenzy
Satellite Chipmaker Cygnus Raises $215 Million as China Internet-in-Space Push Accelerates
Alibaba Tech Tapped to Provide Olympic Athletes With AI Assistants
Satellite-Maker Spacety Kicks Off IPO as China’s Commercial Space Race Heats Up
Beijing Humanoid Robotics Hub Raises $100 Million in First Funding Round
Analysis: Alibaba’s New Processor Shows Applications Are Key to AI Chip Success
Aerofugia Raises Nearly $150 Million to Get Flying Taxis Certified
Alibaba Pledges $432 Million in Lunar New Year AI Subsidy War
In Depth: Megvii Co-Founder Is Back Riding the Latest AI Wave
China Fines Kuaishou Unit $3.8 Million for E-Commerce Violations
Chips Drive China’s Electronics Exports
Robots Take the Stage at China’s Spring Festival Gala
Alibaba Unveils New AI Chip to Rival Nvidia’s China Offerings
ASML Expects China Revenue Drop Following Backlog-Fueled Surge
China’s Telecom Industry Stalls as Traditional Revenue Dries Up
TikTok Outage Puts New U.S. Operations to the Test
Moonshot AI Gets More Into Agents With New Model
Texas Doubles Down on China Tech Ban, Adding AI and E-Commerce Giants
Chinese GPU-Maker Challenges Nvidia in Three-Year Development Plan
Huawei Gets Green Light to Develop High-Precision Maps

By An Limin and Han Wei / Jul 09, 2019 12:03 AM / Business & Tech

Photo: VCG

Photo: VCG

Huawei Technologies Co. Ltd. is getting a license to develop high-precision maps, fueling speculation that the telecom equipment giant is gearing up to tap into the autonomous driving business.

Information published by the Ministry of Natural Resources showed that Beijing Huawei Digital Technologies Co. Ltd., a unit of Huawei, won approval for entering the high-precision map business. Capacity to make high-precision maps is a key part of developing autonomous driving technologies.

A person close to Huawei told Caixin that the company has long sought to tap into the digital map business through acquisition but failed to find a proper target. Huawei has yet to comment on the matter.

Digital map development requires massive investment of capital and time, analysts said. China has granted licenses to more than 10 companies to develop high-precision maps, but only five of them have successfully launched digital mapping services, including Baidu, AutoNavi and NavInfo.

The person close to Huawei said the license will make Huawei eligible to launch autonomous driving tests even if it doesn’t develop the mapping services on its own.


Share this article
Open WeChat and scan the QR code