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Fibocom and Allystar Announce Strategic Partnership, Launching High Precision GNSS Positioning Solutions

Fibocom announced strategic partnership with Allystar to take GNSS positioning to the next level. They will work together to launch high-performance GNSS module solutions, boosting the deployment of location-intensive IoT applications.

Shenzhen China – September 5th, 2022 - Fibocom (Stock Code: 300638), a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules, announced the global strategic partnership with Allystar Technology (Shenzhen) Co., Ltd. (hereinafter referred to as “Allystar”), a leading provider of GNSS navigation and positioning chip level solutions). By working closely together, the two parties will explore cutting-edge positioning technologies and GNSS solutions for IoT applications that require high-performance positioning and navigation.

Global Navigation Satellite Systems (GNSS) solutions, such as GPS, GLONASS, Galileo and BeiDou, are playing an increasingly important role in different industries, with the demand for scalable high precision technology growing. With over 30 years of experience, Allystar is dedicated to positioning technologies and solutions, including the R&D of GNSS chipsets, algorithm, modules, antennas as well as terminals, for a secured and connected world.

Fibocom has over 22 years of engagement in wireless communication technologies. Partnered with Allystar, the two parties will devote to the improvement of positioning solutions, including but not limited to single and dual-frequency GNSS positioning, high precision Real Time Kinematic (RTK) technology, inertial navigation, etc. Combining Allystar’s professionalism in high precision positioning chipset development, and Fibocom’s expertise in wireless communication as well as global marketing capabilities, a variety of high-performance GNSS module solutions will be available, boosting the deployment of location-intensive IoT applications such as C-V2X, asset tracking, smart logistics, IIoT, sharing economy, smart agriculture, etc.

Zhongliang Sun, General Manager of Allystar, commented: “Since BeiDou-3 has now entered a new phase of global service after it started stable oeration. Allystar and Fibocom will work together to promote the large-scale commercialization of GNSS navigation and positioning modules, and contribute to the vigorous development of GNSS.”

Jason Zhu, Director of IoT Product Line, Fibocom, commented: “The demand of GNSS positioning for IoT has a promising market, and is also one of the areas of focus of Fibocom. By establishing the strategic partnership with Allystar, both parties can greatly leverage their advantages in product R&D, resources and business ecosystem to accelerate the large-scale application of high-precision positioning technology in various industry sectors.”

About Allystar

Allystar Technology (Shenzhen) Co., Ltd. (hereinafter referred to as “Allystar”) was founded on December 6, 2016, headquartered in Shenzhen. The company engages in the design, integration, manufacture, test, sale and related businesses of chip, algorithm, module and terminal product. As a National Hi-Tech Enterprise, Allystar’s chip product is the first professional navigation and positioning chip product in China to enter the top 10 in the international rankings (For the second year in a row, it was ranked 7th in the ABI Research study report). Allystar was listed on the core device manufacturers in the consumer Market by the GSA Market Report 2019 and listed again in the EO and GNSS Market Report in 2022.

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