Lei Electronics: Internet of Things and artificial intelligence will be the key to a large number of applications

Lei Electronics held its annual meeting today. Chairman Wang Boyuan said that after last year's consolidated revenue hit another record high, it is expected to be better than last year, including the IoT and small base stations.

General Manager Wang Wei also said that the proportion of revenue accounted for 60% to 70% of broadband products are still Zhonglei basic disk, although the use of different technologies, but demand is still booming this year; of which, the North American market with cable-based, in the OTT video platform Netflix fiery, the demand for amplification bandwidth clearly apparent.

In the European market, a large number of replacement optical fibers are under construction for network infrastructure, including strong demand from France, Italy and Spain. Last year, Zhong Leiguang grew its revenue from European markets by 3-5% and is expected to maintain this year High growth.

In mainland China market in recent years, telecom operators actively building fiber, but also one of the major markets Zhonglei, especially into the China Mobile supply chain, Zhong Lei last year, direct and indirect shipments to China Mobile's broadband equipment approaching 1000 Wan Tao, Wang Wei said that the Chinese mainland market has entered a plateau of growth. The next expected high-speed growth forecast is the populous Indian market.

Wang Wei pointed out that Zhonglei this year, the main push is the application of things, especially last year's international standards to establish NB-IoT and LTE-M-based, the future including electricity meters, water meters, gas meters, parking meters are expected to be connected Network technology, in the Asian market, South Korea to promote rather fast, this year alone from South Korea's NB-IoT orders up to millions of sets.

Wang Wei believes that the combination of the future of the Internet of Things and artificial intelligence (AI) will be the key to a large number of applications. Due to the low power and wide range of IoT sensors, Zhong Lei has the advantages of both software and hardware systems integration, Coupled with the product to follow international standards, once the demand broke out, Zhonglei highly customized advantages will be directly benefited.

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