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
Baidu Weighs Spinoff of AI Chip Unit for Independent Listing
Nvidia Welcomes U.S. Nod to Sell H200 AI Chips in China
Chinese Chip Heavyweight Abandons Acquisition of Server Firm
LATEST
ZTE Faces Renewed U.S. Scrutiny Over Alleged Venezuela Bribery
Chinese Chip Heavyweight Abandons Acquisition of Server Firm
Nvidia Welcomes U.S. Nod to Sell H200 AI Chips in China
Baidu Weighs Spinoff of AI Chip Unit for Independent Listing
Huawei’s Ren Downplays Chip Shortage, Touts AI for Industrial Value
China’s AI Chip Leaders Ride IPO Wave Amid Drive for Tech Self-Sufficiency
Tsing Micro Raises Over 2 Billion Yuan in State-Backed Round as China Ramps Up AI Chip Push
Synthetic Biology at Scale Could Reshape Food and Materials Systems, Expert Says
ByteDance in Talks With Smartphone Makers to Embed AI Assistant
Lenovo Executive Urges AI Startups to Take On Tech Giants
Infinigence AI Raises 500 Million Yuan to Expand Heterogeneous Computing Platform
Alibaba’s Quark Unit Launches AI Glasses Powered by Qianwen Model
Pony AI Plans to Triple Robotaxi Fleet to 3,000 by 2026 as Revenue Jumps
China’s Semiconductor Software Push Gains Traction Amid U.S. Curbs
Alibaba Scales Back Retail Spending, Dismisses AI Bubble Fears
Huawei Slashes Flagship Phone Price Amid Slowing Shipments
China’s CXMT Takes Aim at Global Leaders With High-End DDR5 Memory Chips
Alibaba’s Profit Plunges 72% on Costly Foray Into Instant Retail
Xiaomi, Founder Stem Stock Rout With $115 Million Buyback
Analysis: Soaring Legacy Chip Prices Spark Windfall — and Risk — Across Supply Chain
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