Recently China Telecom set up Esurfing IoT Industry Alliance jointly with other twelve companies including Qualcomm, Huawei, ZTE, Intel, Bosch, SAP, IBM, Ericsson, Shenzhen Capital Group, Shanghai Institute of Microsystem and Information Technology of Chinese Academy of Sciences, BUPT and Southeast University.
According to Gao Tongqing, chairman of the Alliance and deputy general manager of China Telecom Group, the thirteen corporations will fully support the development of Esurfing IoT Industry Alliance and the industry chain. The Alliance will attract more than 1,000 members and CNY ten million of investment funds at least while making over 100 million connections between things come true.