Publish Time：2021-12-31
AltoBeam and 360 Smart Life Group officially inked a strategic cooperation agreement in Shenzhen on December 24, 2021. The deal is designed to strengthen the bilateral partnership. By leveraging resource sharing, complementary strengths and business innovation, both parties will strive for leapfrog growth in their respective businesses and build a sustainable partnership featuring co-creation, sharing and shared responsibilities. Building on over a year of sound collaboration in the R&D, manufacturing and supply of Wi-Fi chips and Wi-Fi modules for the security monitoring sector, the two sides will deepen cooperation to jointly embrace new challenges in 2022.
As a domestic frontrunner in Wi-Fi 4 chips deployed across security monitoring, TV sets and other application scenarios, AltoBeam remains committed to intensive development of the security industry. It plans to launch a full lineup of follow-up chips with diversified specifications and functionalities in 2022 to enrich and diversify its product portfolio.
An intelligent hardware and IoT solution business division under Qihoo 360 Group, 360 Smart Life Group is dedicated to delivering premium smart and secure living solutions for consumers worldwide. As a leading domestic enterprise in the smart hardware sector, 360 Smart Life has launched a wide array of smart products including routers, smart cameras, video doorbells, robot vacuum cleaners, kids' smartwatches and dashcams.
The newly finalized strategic partnership between AltoBeam and 360 Smart Life Group will help both companies mitigate supply shortages and cost risks triggered by the global chip shortage, boost their competitiveness, and jointly develop high-quality intelligent hardware products with innovative functions.
