Hyper Speed Network’s (HSN) subsidiary TenBay IoT Solutions, has reached a strategic cooperation with MeiG Smart Technology (listed on the Shanghai stock exchange A-share code: 002881). The company is a world leading Internet of Things terminal and wireless data solution provider, to jointly create 5G communication models, 5G intelligent application terminals and solutions for its European carrier clients.
Founded in 2007, the Chinese high-tech company has currently more than 1,000 employees, including nearly 700 R&D personnel in IoT. MeiG Smart Technology was successfully listed on the Shenzhen Stock Exchange in June 2017. The core business of Meg Smart Technology is based on the development and production of wireless communication modules, intelligent modules, Internet of Things solutions and IoT terminals based on next-generation information technology (4G/5G), as well as precision mold development and precision component production and sales. The company's wireless communication modules, IoT solutions and terminal products have grown to large-scale applications in mobile financial payment, security monitoring, vehicle terminals, new retail, logistics scanning, mobile broadband, sharing economy, and stock tracking. Its precision component has ranked one of the top consumer brands in China.
TenBay IoT and MeiG Smart Technology have cooperated since the 4G era. As of early 2019, TenBay IoT has developed SLM726/SLM868 and other 4G routers for Meig Smart Technology. The related 4G modules are morphological and used for network deployment of overseas operators.
2019 is the first year of 5G commercialization and more than 20 countries around the world already issued 5G licenses. Governments and communication operators accelerated the deployment of 5G commercial equipment and application solutions. Various manufacturers have released 5G smart terminal products. 5G technology will subvertably change social production relations and human lifestyles in an irresistible trend. HSN TenBay IoT, and the world's leading IoT terminal and wireless data solution provider, Meig Smart Technology will join forces to strengthen the 5G technology application. In more detail, jointly improve three main features of mobile broadband (eMBB), massive machine type communication (mMTC) and low latency high reliability communication (uRLLC) to create better 5G products and solutions.
HSN is the world's first public chain + 5G application architecture ecosystem. It aims to use blockchain technology to achieve complex application scenarios, which will support greatly the overall 5G industry development. TenBay IoT provides integrated software and hardware solutions for HSN projects, and will be widely apply to cloud VR/AR, smart security, smart city, smart manufacturing in 5G environment. Applications such as drones, SDWAN+NAS, Mesh products, and edge computing modules.