Navinfo Co.Ltd(002405) 4 announced in the evening of April 5 that recently, the company and Honeywell sensor control (China) Co., Ltd. (hereinafter referred to as “Honeywell”) signed the strategic cooperation framework agreement. The two sides will deepen business cooperation in the direction of automotive electronic chips, automatic driving and intelligent networking, build a strategic partnership and give full play to their respective advantages, With a view to effectively promoting the business development and strategic layout of both parties in the near and long term.
In terms of automotive electronic chips, the two sides will strengthen cooperation in automotive electronic chips, Navinfo Co.Ltd(002405) will continue to provide Honeywell with various vehicle specification professional chips for the automotive market. Honeywell’s current sensor and other on-board hardware / equipment will give priority to the chip of Navinfo Co.Ltd(002405) .
In terms of automatic driving, the two sides intend to cooperate in the field of intelligent driving. Around the Navinfo Co.Ltd(002405) l2-l4 level automatic driving solution, combined with Honeywell’s IMU and other sensor products, the two sides will jointly provide customers with mass production oriented automatic driving core solutions.
In terms of new energy, the two sides plan to integrate the resources and capabilities of their companies and products to jointly create top-level new energy solutions.
Navinfo Co.Ltd(002405) said that in addition to the above cooperation directions, the two sides will also jointly explore the expansion of international business. In the process of future cooperation, if both parties agree that there are market and cooperation opportunities for other relevant technologies in the field of automatic driving, the two sides will conduct further cooperation and discussion in this field.
According to the announcement, Honeywell was founded in 2007 and belongs to the sensing IOT division of Honeywell group, a global top 500 enterprise. It is committed to the R & D, design and production of sensitive components, sensors and their related testing instruments and equipment, new electromechanical components and their related parts, serves Chinese customers and provides the industry with the widest combination of switches and sensors.
At present, Navinfo Co.Ltd(002405) governs five business segments, including navigation business, advanced assisted driving and automatic driving business, Internet of vehicles business, chip business and location big data service business.
