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August 6, 2021

SAIC inks China cellphone integration deal with Oppo

New tech should appear in SAIC and JV brand vehicles by the end of 2021.

By Graeme Roberts

SAIC Group and Chinese smartphone provider Oppo have signed a cooperation agreement to integrate cell (mobile) phones into cars.

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The two will collaborate to add user interaction applications to vehicles and conduct joint R&D on intelligent cockpits, according to a statement cited by cnevpost.com.

SAIC introduced SOA – Service-Oriented Architecture last April and the two companies will also consider R&D of SOA application services and user interaction.

SOA is an operation platform built for developers with the logic of “service for users”, an app store for cars, in simple terms.

SAIC and Oppo will collaborate on SOA to create a “multi-scene cross-device application service”, according to the report.

An Oppo application service framework will be added to the car, and the two companies’ developer platforms will be integrated.

The technology should appear in both SAIC brand vehicles as well as joint venture brand products (eg GM, VW), SAIC said.

Media reports in late April had said Oppo was preparing car technology.

It has 3,000 patents covering car networking, communication, video and image processing and device charging.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
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