BEIJING - A new chip for the BeiDou Navigation Satellite System was unveiled on Saturday by the Global Navigation Satellite System and Location Based Service Association of China. The chip supports the new generation of BeiDou-3 satellites for high-precision navigation and positioning. The positioning accuracy of the chip reaches the sub-meter level without ground-based augmentation. The chip, developed by Shenzhen-based Allystar Technology, also has uses in unmanned driving systems, wearable devices, precision agriculture and smart logistics. The value of the satellite navigation and LBS industry stood at 212 billion yuan ($31 billion) in 2016, up 22.1 percent from 2015, according to the GLAC. Core output totaled 80.8 billion yuan, 70 percent of which came from BDS. Four BeiDou-3 satellites will be launched by the end of this year, and a complete global satellite navigation system in place around 2020, according Yang Changfeng, the system's chief designer. The scale of the BDS industry will reach 240 billion yuan around 2020, said Yang. wristband maker
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HONG KONG - Hong Kong Tourism Board (HKTB) announced on Wednesday that the Second e-Sports & Music Festival Hong Kong would be staged next month, featuring three international e-sports tournaments and expected to attract more young visitors to Hong Kong.The festival, to be held from Aug 24 to 26, will be with a larger scale and richer content than last year, with over 110 players from all over the world competing in "Return of the Legends 2018" and another two top international e-sports tournaments, the HKTB said."The first e-Sports & Music Festival Hong Kong last year generated global publicity value of over HK$150 million (about $19 million) and the e-sports tournaments also attracted more than 7.4 million live online viewers, providing enormous international exposure for Hong Kong," HKTB Chairman Peter Lam said at a press conference on Wednesday."The HKTB will continue to organize the festival this year with a larger scale and richer content, aiming to entice more young visitors to come and experience the vibrant and dynamic atmosphere of Hong Kong," he added.The HKTB would promote the festival in short-haul markets, especially the Chinese Mainland, Japan, South Korea, and Southeast Asia, said Lam.In addition to e-sports tournaments, there would be an Experience Zone, showcasing the latest e-sports-related products, and featuring game displays, VR experience, mobile game trials and music performances for visitors.
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