NEC starts new firm to set up 'smart city' in China

Staff writer
16 Dec 2013
00:00

NEC and Chongqing City formed a strategic partnership to set up a smart city and cloud services areas in China.

As part of this partnership, NEC established NEC Chongqing last October. The new company is capitalized at $7 million and will start with approximately 20 employees, and is aiming to expand to approximately 200 personnel over the next 5 years.

As the central city for strategic development in China’s middle-west region, Chongqing City aims to shift from an industrial-oriented economy to a communications industry hub. NEC and Chongqing City are cooperating in the cultivation of IT related human resources, the expansion of sales and the development of state-of-the-art technologies, products and services.

In addition to promoting the economic development of Chongqing, this partnership aims to expand the development and provision of services to markets throughout China and the world.

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