Profit pours from the smart eye in the sky

China Daily (Canada) - - LIFE - By GAO YUAN in Beijing and LIU KUN in Wuhan

A Wuhan-based high-tech com­pany is coast­ing on China’s self-de­vel­oped Bei­dou satel­lite nav­i­ga­tion sys­tem to­ward prof­its.

Wuhan Op­tics Val­ley Bei­dou Hold­ing Group Co Ltd, in Cen­tral China’s Hubei prov­ince, is con­fi­dent it can grow its over­seas pres­ence through ex­port of the Bei­dou tech­nol­ogy.

“Ex­ports ac­counted for only 30 to 40 per­cent of our sales in 2015. Our busi­ness in Thai­land has re­ceived gov­ern­ment ap­proval. I ex­pect the share of over­seas sales to rise to 50 per­cent in the fu­ture,” said Du Li, vice-pres­i­dent of Op­tics Val­ley Bei­dou.

The com­pany started tap­ping over­seas mar­kets in 2012, and also helped Thai­land, Malaysia, Sri Lanka and some Latin Amer­i­can and Euro­pean na­tions to adopt Bei­dou tech­nol­ogy.

“The first step was to es­tab­lish base sta­tions in th­ese mar­kets. We can de­velop a num­ber of civil­ian-use ser­vices based on the base sta­tion net­work,” Du said.

The com­pany

is team­ing up with the Thai trans­porta­tion and fish­ing au­thor­i­ties to de­velop high-ac­cu­racy lo­ca­tion sys­tem.

“Satel­lite po­si­tion­ing usu­ally has a de­vi­a­tion of up to 20 me­ters. But, with the help of base sta­tions on the land, the ac­cu­racy will be in­creased to less than 1 me­ter. Higher ac­cu­racy spells wider us­age for the net­work,” said Du.

Roughly 15 years af­ter China launched the Bei­dou project, the sig­nal cur­rently cov­ers most parts of the Asia-Pa­cific re­gion.

It pro­vides real-time nav­i­ga­tion in­for­ma­tion in China and sev­eral other Asian coun­tries, in­clud­ing Viet­nam, Thai­land and Cam­bo­dia. By 2020, a con­stel­la­tion of 35 nav­i­ga­tion satel­lites will take shape, with global sig­nal cov­er­age.

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