日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Technology

Watchdata wristband swipe pays for subways, buses

By Du Juan (China Daily) Updated: 2016-08-24 07:18

Editor's Note: In this ongoing series on the birth and growth of privately owned Chinese companies that are redefining innovation, China Daily profiles Watchdata Technologies Ltd, a Beijing-based payment security solution provider that is shifting its focus from selling to large State-owned enterprises to consumer markets.

Facing numerous copycats and shrinking markets, Watchdata Technologies Ltd, a Beijing-based payment security solution provider, had no choice but to explore the consumer market.

Established in 1994, the company has focused on payment and trading safety, including chip cards and smart cards for banks, public transportation companies and mobile communication service providers.

"Our clients used to be State-owned enterprises such as China Mobile Ltd and China Construction Bank Corp," said Ye Xin, general manager of the company. "However, the growth of those sectors has not been satisfactory in recent years. Thus, we developed the Watchdata wristband, which is our first product that directly appeals to the consumers."

Watchdata wristband has one key important function lacking in such popular wristbands as the Chinese brand Mi Band and the American brand Jawbone - that is, it can be used to pay for public transportation.

"In addition to recording sports, sleep and health data for users, we added the payment function to the wristband, building on the technology strength of our company," Ye said.

Li Jian, a Beijinger who has used many wristbands, said he can never wear one more than three months. "It seems like a spell that I just cannot keep wearing any wristband longer than that because of laziness or just that it is inconvenient."

However, if Li has to take a subway or bus to go to work, the Watchdata wristband will be like his public transportation card, which he will need everyday.

Nevertheless, the Watchdata wristband faces severe competition from various kinds of smart wristbands and its performance in the market remains to be seen.

Wang Youjun, president of Watchdata, said it's not easy for a private company to be successful or even survive in the current market.

"Our big clients such as China Mobile and some banks have reduced their orders for sim cards and chip cards. They became more cautious about market expansion or product promotion," he said.

According to Wang, the company's orders for sim cards declined by 20 percent last year and orders from the banks were falling too.

"Given such a background, we have to adjust our strategy by expanding our market from B2B (business-to-business) to B2C (business-to-consumer), trying to earn more cash for the company," he said.

At the same time, keeping up innovation is the key, Wang said. "You can never stop the imitators from learning from your products. We have to keep developing new things."

Up to 8 percent of the company's annual investment goes to research and development, which is around 130 million yuan ($20 million) to 140 million yuan.

Half of the employees in the company are technicians and engineers.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本理伦片午夜理伦片 | 精品一区久久 | 黄片毛片在线观看 | 免费涩涩网站 | 欧美黄色激情视频 | 亚洲欧美一二三区 | 日韩av手机在线免费观看 | 日韩有码在线观看 | 国产专区在线播放 | 国产传媒自拍 | 男男野外做爰全过程69 | 国外成人在线视频 | 在线观看国产一区 | 日韩精品麻豆 | 轻轻色在线观看 | 成人免费福利视频 | 秋霞久久久 | 性做久久久久久 | 中文字幕视频在线播放 | 成年人免费观看视频网站 | 欧美亚洲天堂网 | 蜜桃av噜噜一区二区三区 | 国产做a视频 | 亚洲国产精品影视 | 日韩欧美福利视频 | 青青草社区 | 天天草视频| av在线男人天堂 | 久久这里只有精品国产 | 毛片毛片毛片毛片毛片毛片毛片毛片 | 国产日韩一级片 | 黄色在线观看av | 91在线视频免费看 | av在线免费网址 | 三级黄色片网站 | 一区二区三区www | 亚洲第一页av | 国内精品视频一区 | 午夜色av | 亚洲精品123区 | 亚洲天堂午夜 |