“NavInfo plans to wholly acquire AutoChips, Inc. (hereinafter â€œAutoChipsâ€), a Chinese subsidiary of MediaTek, for a purchase price of US$600 million. Completion of the above is scheduled for 4Q16, subject to various relevant regulatory approvals. Concurrently, MediaTek plans to invest in or co-invest with NavInfo, an amount of no more than US$100 million, to cooperate strategically in the fields of Automotive ICs and the Internet of Vehicles (hereinafter â€œIoVâ€) “
See MediaTek Announces Strategic Cooperation with NavInfo in Expanding Automotive IC and Internet of Vehicles Markets – MediaTekFor years we’ve read that MediaTek has struggled to make money in smartphones. Well, they are diversifying into automotive Internet, navigation and entertainment. They are cooperating with Navinfo who have been into navigation for years and have a foothold with several Asian and European automakers. I’ll bet there is a bigger profit-margin in an automobile than a smartphone. I see that every time I take my car in for service.
We’ve been here a while – search
- 2015 - Year of the GNU/Linux Desktop
- market share
- renewable energy
- small cheap computers
- smart phone
- Solo EV
- that other OS
- thin client
- thin clients
My MissionMy observations and opinions about IT are based on 40 years of use in science and technology and lately, in education. I like IT that is fast, cost-effective and reliable. My first use of GNU/Linux in 2001 was so remarkably better than what I had been using, I feel it is important work to share GNU/Linux with the world. Now that I'm retired I still use GNU/Linux on every computer in my home except the smartphones which run Android/Linux.
Lately, I've been giving lots of thought to the world I inherited and which I will leave to my descendants. I'm planting grass, trees, flowers and vegetables in my large lot and I've ordered a Solo EV. I plan to charge my Solo by means of a tracking solar array. Life is good if you have a purpose. I do.