29 Nov '16, 8am

Mitac expects IoT for car business to grow dramatically in 2017

Mitac expects IoT for car business to grow dramatically in 2017 Aaron Lee, Taipei; Joseph Tsai, DIGITIMES [Tuesday 29 November 2016] Taiwan-based Mitac International has recently landed orders from an US-based client for its Internet of Things (IoT) automotive applications, especially software for car fleet management, noted company president Billy Ho adding that the business will start contributing revenues and profits in 2017 and grow at least 10 fold from 2016. Mitac has already transformed from a PC hardware company to become an integrated solution provider and is currently focusing on two major businesses: the cloud computing server and software-hardware-integrated solutions for automotive IoT. Mitac's close partnerships with car vendors built up by its GPS business also helped the company expand into the automotive IoT market. Mitac has already signed contracts with ...

Full article: http://www.digitimes.com/news/a20161129PD202.html

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