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Suning to Help Transform China Unicom Service Outlets into Smart Retail Stores

iFeng Tech, 3/22/18

Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese consumer electronics and home appliance retailer Co., Ltd. (002024.SZ) have signed a strategic partnership agreement focused on promoting smart store upgrades for China Unicom offline service centers, as well as developing big data applications. For the partnership's first phase, a batch of service centers nationwide will be selected to receive supply chain, store operations management, and customer service support provided by Suning to transform them into all-new smart retail stores.

The partnership's big data efforts will mainly focus on credit investigation and precision marketing. The two sides will also plan and establish a joint technology laboratory to research 5G technology applications in areas such as smart home furniture and Internet of Vehicles.

The two parties have also discussed a content partnership strategy, including cooperation in the areas of mobile and TV video content.

Editor's Note: For more information on this topic, please see China Unicom, Launch Smart Life Services Experience Store, MD 11/06/17 issue.

Keywords: wireless mobile video hardware China Unicom telecom 5G 002024.SZ 0762.HK 600050.SH CHU IoV new retail smart appliance


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