Hubei Xingji Shidai Technology, a company founded by Geely Holding Group Chairman, Eric Li, has announced its foray into the mobile devices sector.
Hubei Xingji Shida has inked a strategic cooperation agreement with the Wuhan Economic and Technological Development Zone to set up a new company that will establish its headquarters in Wuhan.
The company will focus on integrating global technologies and resources to develop premium smart devices and smartphones for global consumers.
Geely Chairman Eric Li pictured
Chairman of Geely Holding Group, Eric Li said, “Mobile phones and devices have quickly evolved into mobile terminals and application platforms which not only allow users to enjoy the fruits of innovation in the quickest manner possible, they also act as a pathway to greater automotive applications. There is a close connection in technologies within intelligent vehicle cockpits and smartphone software technologies.”
Geely has been developing its 5G New Radio (5G NR) technologies since 2018
Xingji Shidai plans to position itself in the premium segment of the smartphone market by leveraging the larger Geely group's extensive experience in design, R&D, high-end smart manufacturing, vehicle intelligence, software development, and its planned low-orbit satellite network.
Geely has increased its investments in new technologies as part of its plans to evolve into a mobility technology enterprise.
The development of mobile devices, satellites, and aeromobility are all part of the Group’s current transformation programmes.
Geely low-orbit satellite pictured
Just two days ago, Geely’s first satellites rolled off the production line at Geely’s newly operational Intelligent Satellite Production and Testing Centre in Taizhou, paving the way for Geely’s efforts in developing an integrated future mobility ecology.
Arvind can't remember a time when he didn't wheel around a HotWheels car. This love evolved into an interest in Tamiya and RC cars and finally the real deal 1:1 scale stuff. Passion finally lead to formal training in Mechanical Engineering. Instead of the bigger picture, he obsesses with the final drive ratio and spring rates of cars and spends the weekends wondering why a Perodua Myvi is so fast.
