Beijing Uni-Strong Science & Technology Co Ltd is poised to become China’s Apple Inc – or, at least an Apple-oid – in the country’s navigation industry, as some predict the little-developed sector could become a 100 billion yuan ($15.6 billion) business over the next five years. UniStrong’s geographic information system (GIS) services has about 40 percent of the market share in China, said an Orient Securities Company Ltd report. The company’s automobile navigation products, known as the renwoyou series, are the best-selling brands in the country, according to an Economic Observer report on Aug 5. Read More
