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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 Suning.com 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, JD.com Launch Smart Life Services Experience Store, MD 11/06/17 issue.

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

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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