The international TELEMATICS industry federation established in China

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In the afternoon, on July 26, the ITIF Constituent Congress – the 2010 first international TELEMATICS industry summit forum was held in Sanshui District, Foshan City. About 200 guests from 25 countries including Germany, Russian and American take part in the meeting.

Telematics industry which is an entirely new industry originated in America about ten years ago. As the TELEMATICS industry Union has been established in China, it indicates that the influence and importance of the Chinese market and enterprise have been approved.

TELEMATICS aims to improve the car life quality effectively and provide the security added service for the car owners based on the car. It brings the car to the intelligent information age and injects vigor into the whole car industry chain. It creates the new value and leads the developing direction and tendency.

With the rapid development of China economy and car industry, the Telematics service requirements of China market appear constantly. The Chinese car audio wholesale enterprises also pay attention to the changes in the industry. The large market space and prospect speed up the development of the Tlematics industry. The industry union is established by the industry institution of more than 20 countries.

The goal of the union is to build the weathervane of the international Telematics industry, lead the power of car, car electronics, internet communication and telecoms operators, create the new commercial development mode and promote the upgrading of related industry and business increasing.

The union will provide proper developing mode for the business partners from different countries, share the development result of the members, assist the members to build the operating platform and build the sharing mechanism of information by integrating the world related Telematics resource.

The activity is compatible with the industry developing policy and it's beneficial to promote the development strategy and industrialization. It will improve the urbanization and speed up the internationalization.

On the summit forum, the related scholars, experts and the representatives of the industry association and manufacturers made speeches and conducted discussion as to the developing tendency and prospect of the international TELEMATCIS industry and the profit-seeking modes.

Telematics which is composed of Telecommunications and Informatics is car information service platform based on the wireless audio, digital communication and manmade satellite GPS system. It provides the drivers and passengers with the traffic information, emergency coping policy and long distance vehicle diagnostics and network service(financial transaction, news and e-amails) through the car exchange information technology, positioning system and network.

On the present market, there is fierce car electronics competition. No matter the manufacturer, agent or distributors all face the hard condition of the product homogeneity. Searching for other related investment field and cultivating the new profit increasing point has become the focus of people. In the background that the product competition turns into the service competition and the 3G technology matures gradually, the Telematics industry emerges at the proper moment.

In 1997, the American General Motors first launches the technology and business. And it becomes wide spreading soon. In 2008, the turnover reached 1.8 billion dollars and the number of member increases to 5 million.
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