Beijing JFX Technology Co. Ltd. is an innovative AI-driven technology company, focusing on developing LBS data engine and offering on-board applications for autonomous driving. JFX provides integrated solutions including energy saving, high precision localization, V2X service and intelligent city planning.
Beijing – March 5, 2020 /MarketersMedia/ —
On February 24, 2020, the National Development and Reform Commission and other 11 ministries jointly issued the “Intelligent vehicle Innovation and Development Strategy.” The Strategy puts forward that by 2025, China’s industry framework of intelligent vehicle will be basically formed, and massive production of conditional self-driving vehicles will be realized, as well as the market-oriented self-driving applications in certain circumstances.
Reportedly, it is extremely rare for China’s 11 ministries and commissions to jointly release such notice. To some extent, it is a strong signal of China’s national will towards smart city construction, especially in propelling the driving industry. It also means that the development of smart cars has been endorsed into the main channel of China’s economic development. This report underscores:
1. Build a collaborative and open system for intelligent vehicle technology innovation, and build a cross-border intelligent vehicle industry ecosystem. Since last year, several multinational giants of auto parts and automakers have been establishing their businesses in Chinese market. Arm, the leading company in chip industry, has established an AI ecological alliance. Beijing Juefei Technology Co. Ltd. (known as JFX), as a representative of technology supplier in China’s autonomous driving industry, has been invited to join this alliance. Both parties have been collaborating to develop practical solutions, based on Arm-framed automotive chips, complying with requirements of vehicle regulations. Meanwhile, both parties have been trying to cooperate in AI algorithms, computing power, and big data analysis.
2. The “car-cloud-road” synergetic solution has been officially confirmed as China’s technical strategy for smart car industry. Different from silicon valley’s only relying on on-board sensor intelligence, China has put the capability of map data service and high-precision spatio-temporal localization service on the agenda at the national level for the first time. Beijing JFX Technology is one of the few leading companies in this technical field.
At the 2019 Global Smart driving Summit, Beijing JFX Technology put forward that “China’s autonomous driving industry has entered the era of applying map data and fusing data from map and sensors”. In China’s remarkable transformation from a “country with a high volume of transportation” to a “country with high efficiency of transportation”, China’s unique network intelligent route and the “vehicle-cloud-road” model will play the most important parts., In which data platform based on HD map is the kernel dependency. Besides, the “hybrid computing” advocated by JFX Technology is one of the typical examples of the third generation of AI technology (post-deep-learning era). Based on the efficient fusion of on-board data, empirical knowledge and reasoning algorithm, JFX has set up a more secured and reliable data engine to improve perception and decision-making performance of intelligent vehicles, which proves to be the “standard configuration” of smart driving industry in the future.
3. Accelerate the construction of 5G and Internet of Vehicles (IOV) simultaneously with 5G commercial deployment. With the issuance of 5G licenses in 2019, China has fully stepped into the 5G commercial era. Shortly, after that, China Mobile also released a 5G+ strategy. Beijing JFX Technology has been invited to join the China Mobile’s “5G Precise Localization Alliance”. With the self-developed localization algorithm using China Mobile’s 5G network, JFX offers 5G integrated differential localization services. With its full-scenario, real-time, and high-precision localization technologies, JFX has successfully launched the application of 5G in China’s autonomous driving industry. According to reports, as a leader in 5G integrated differential localization technology and integrated computing capabilities, JFX has been chosen as long-term partner of China Mobile to propel China’s autonomous driving industry and intelligent transportation.
The release of “Intelligent vehicle Innovation and Development Strategy” also denotes that China’s ambition to build a smart car powerhouse and even a smart city, which will make smart cars a new blue ocean for the industry. As a “data engine” of China’s smart driving industry, Beijing JFX Technology will play a more effective role in transforming what mentioned in the strategic reports into concrete actions.
Contact Info:
Name: Yang Yang
Email: Send Email
Organization: Beijing JFX Technology
Website: http://www.juefx.com/
Source: MarketersMedia
Release ID: 88948994