Hong Kong, 25 January 2018 - 3 Hong Kong, the mobile arm of Hutchison Telecommunications Hong Kong Holdings Limited (HTHKH; stock code: 215), today selected more than 10 high-calibre Narrowband - Internet of Things (NB-IoT) solutions created by the 3Innocity incubation programme for general release.
3 Hong Kong helps 3Innocity member companies with research and product launches as soon as solutions are ready for the market. This has the effect of unlocking business potential and generating opportunities for the NB-IoT market.
3 Hong Kong's NB-IoT network now extends throughout Hong Kong
The Internet of Things (IoT) concept is crucially important to development of Hong Kong as a smart city - and NB-IoT technology has high-penetration capability and supports mass connectivity, while reducing levels of power consumption. Mobile operators simply need to upgrade existing network infrastructure in order to deploy NB-IoT technology. What's more, the Third Generation Partnership Project (3GPP) has established the global NB-IoT standard, making the technology a vital component of IoT development.
Market research results* published last year indicated that the NB-IoT chip market will undergo an average compound annual growth rate of nearly 61% between 2017 and 2021 - making NB-IoT technology highly popular among solution developers.
3 Hong Kong completed construction of an end-to-end NB-IoT network - first activated in Science Park - and field tests last quarter. It was then extended throughout Hong Kong at the end of last year to offer an ideal platform on which research companies and start-ups can develop and launch NB-IoT applications.
HTHKH Executive Director and CEO Cliff Woo Chiu-man said: "3 Hong Kong aims to explore NB-IoT applications holding market potential, while collaborating with start-ups, industry leaders and researchers to establish an IoT ecosystem via our 3Innocity programme. This will sharpen Hong Kong's competiveness as an innovative city, while boosting efficiency for various industries and enhancing quality of life for the general public."
He added: "We are also very glad to join hands with Avnet - one of the world's largest distributors of electronic components and embedded solutions - to facilitate development and launch of commercial solutions."
More than 10 innovative solutions selected from the 3Innocity programme
In tune with the government's Hong Kong Smart City Blueprint, 3 Hong Kong launched the 3Innocity programme following activation of its NB-IoT network. The programme brings together innovative scientific research companies and start-ups to promote development of NB-IoT technology. Selection criteria include applicability, publicity, complexity, replicability and market outreach.
3 Hong Kong initially selected several projects with the potential to be applied to daily life and business use, and helped the companies concerned with network, technology and promotional support. This support assists sustainable development of start-ups, as well their plans to launch solutions into the future. Six of the innovative projects were:
Partnering with Avnet to strengthen the 3Innocity programme
Frederick Fu, President of Avnet Asia Pacific said: "Avnet is committed to nurturing start-ups becoming the next "unicorns". We are excited to partner with 3 Hong Kong as its technology partner in the 3InnoCity project to accelerate Hong Kong's development as a leading smart city. Our connected IoT ecosystem of suppliers, partners and customers will help companies complete the entire cycle from idea to finished product.
In collaboration with 3 Hong Kong, Avnet provides development tools, prototype testing and software customisation to help speed up design and optimise performance before the manufacturing stage and delivery to market. Together with 3 Hong Kong, Avnet accelerates IoT development by connecting IoT edges to major cellular carriers and leading cloud providers around the world, providing end-to-end support for IoT initiatives and innovations embarked by companies.
Join the 3Innocity programme to promote research
3 Hong Kong supports 3Innocity's projects, enabling companies and researchers to enjoy the benefits of NB-IoT networking. These include:
For more information on 3Innocity, please visit web.three.com.hk/3innocity. Interested companies can download and complete a registration form from the above-mentioned website and return it to 3innocity@three.com.hk.
*"Global Narrowband IoT Chipset Market 2017-2021" report by Technavio, a market research company
About 3 Hong Kong
3 Hong Kong is a leading mobile communications service provider and the only local operator to own blocks of spectrum across the 900MHz, 1800MHz, 2100MHz, 2300MHz and 2600MHz bands. 3 Hong Kong offers cutting-edge data, voice and roaming services under the "3" brand via far-reaching advanced 4G LTE, 3G and 2G networks. 3 Hong Kong also works with renowned partners to offer a wealth of innovative mobile devices and valueadded services, while providing high-speed Wi-Fi at 3 Hong Kong's hotspots to serve Hong Kong's major areas. 3 Hong Kong is the mobile division of Hutchison Telecommunications Hong Kong Holdings Limited (stock code: 215), a group member of CK Hutchison Holdings (stock code: 1).
For more information on 3 Hong Kong, please visit www.three.com.hk.
For more information on HTHKH, visit www.hthkh.com.
For more information, please contact:
Corporate Affairs
3 Hong Kong
2128 3108
pr@hthk.com
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