The annual Beidou Summit offers a valuable glimpse into the progress of China's Beidou industry. During this year's summit, reporters noted that Beidou chips and related products have been widely adopted and are increasingly merging with advanced technologies, notably artificial intelligence. As the industry sets its sights on reaching a trillion-yuan market valuation, it is drawing in a growing number of enterprises. This is prompting a transformation in its business approach, transitioning from a focus on 'product sales' to 'service sales,' while also quickening its steps toward internationalization to bolster its worldwide presence.
