AUO to Strengthen Smart Transportation Deployment by Partnering with SINTRONES and Becoming Its Shareholder
The development of 5G, big data, IoT and artificial intelligence has driven the world’s innovation and prompted displays and smart applications to continuously evolve, with the transportation sector also greatly influenced. AU Optronics Corp. (“AUO”) (TWSE: 2409) today obtained around 7.7% shares of SINTRONES Technology Corp. ("SINTRONES") (TPEx: 6680) from a major shareholder through block trading. By acquiring the shares and forging an alliance, the two parties hope to establish strategic partnership for the AIoV ecosystem and jointly develop comprehensive solutions for smart transportation and commercial vehicle networking platforms.
As a leading manufacturer of smart automotive displays, AUO provides rugged and flexible public information displays, center consoles, and dashboard products for land, sea and air transportation vehicles and hubs, and boasts a huge customer base worldwide. AUO’s AIoV solutions for commercial vehicle networking from cloud to ground, software to hardware, and AI to vertical applications are expected to meet the needs of commercial fleet operation management. In particular, AUO has developed the fleet and vehicle condition management system and driving monitoring system to help transportation service managers get the full picture and maintain control of fleet operation in real time. SINTRONES is one of the major manufacturers of in-vehicle computers in Taiwan. In terms of commercial vehicles and smart transportation, it has demonstrated competitiveness with its market-leading smart transportation and in-vehicle computer technologies and solutions. SINTRONES has become a crucial partner to AUO by assisting in bridging smart transportation display solutions and commercial vehicle networking platforms. With this strategic partnership between AUO and SINTRONES in place, complementary advantages will be brought to full play to meet customers’ upgrade requirements in the smart transportation field, delivering complete solutions.
Looking into the future, the demand for self-driving cars, IoV, and commercial fleet management will flourish with infinite prospects. AUO will not only provide cutting-edge vehicle display technologies and commercial vehicle networking solutions, but also work hand in hand with ecosystem partners to meet the application demands across diverse smart transportation fields.