Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, June 14 2018 - 10:00
Desay SV Announces Internet of Vehicles Strategy At CES Asia
SHANGHAI, June 14, 2018 /PRNewswire-AsiaNet/ --

Desay SV Automotive (SZ:002920) ("Desay SV" or "the Company"), the leading 
automotive electronics provider, held a conference at CES Asia 2018 in Shanghai 
and announced its new Internet of Vehicles (IOV) strategy.

Desay SV's IOV strategy will focus on:

Creating a better driving experience and increasing traveling efficiency for 
Bringing product innovation and added value to automotive companies through 
internet-based services; 
Contributing solutions to the problem of traffic congestion brought on by the 
growth of the number of vehicles; and 
Serving the information and database security needs of the nation. 
At CES Asia, the Company exhibited its products, including its latest 
Intelligent Cabin and Intelligent Driving products and technologies, along with 
its IOV solutions, which enable vehicles to connect with service platform, OTA, 
cyber security, big data and mobility service, in hall N5, booth 5382.

Mr. Gao Dapeng, CEO of Desay SV said, "We are very excited to announce our new 
IOV strategy at CES Asia, as we are extremely proud of the incredible work that 
our research and development team have done to make it happen. IOV will allow 
product developers and engineers to receive more direct feedback from users and 
upgrade products to meet their potential needs, instead of waiting for upgrade 

Mr. Tan Choon Lim, the Chairman of Desay SV said, "Since Desay SV listed on the 
Shenzhen Stock Exchange last year, we have been executing a strategic 
deployment of both smart and internet-focused products. Our IOV strategy is a 
critical step on our path to sustained growth and will drive the future 
development of the company."

Desay SV focuses on developing secure and user-friendly smart IOV products and 
services, covering hardware, network databases, software, and more. As part of 
its IOV strategy, the Company has invested in an Intelligent and Connected 
Vehicle Research Institute ("the Institute") with other leading automotive 
companies. The Institute aims to serve the Chinese government's "Made in China 
2025" strategy of developing an advanced smart industrial base, as well as 
providing a foundational platform for building a new template for the 
development of smart and connected vehicles. 

The Company has also signed a Memorandum of Understanding (MoU) to partner with 
Nanyang Technological University, Singapore (NTU) to develop innovative 
solutions for mitigating cyber security threats faced by the automotive 
industry. The partnership aims to develop new technologies to make automotive 
electronics, such as in-vehicle infotainment and advanced driver assistance 
systems, more secure.

About Desay SV Automotive

Established in November 1986 in China, Huizhou Desay SV Automotive Co., Ltd. 
(SZ:002920) ("Desay SV") is committed to the research, development and 
manufacturing of in-vehicle infotainment systems, climate control, driver 
information display systems, automotive display modules/systems, body control 
modules, advanced driver assistance systems and IOV solutions and services. 
Desay SV has built strong partnerships with many well-known OEM customers 
worldwide, and has set up Sales and/or R&D centers in Nanjing, Chengdu, 
Singapore, Europe and Japan.

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SOURCE: Desay SV Automotive