This October, CSCI formally signed the investment agreement with Creatcomm, that also marks the successful completion of round B financing of our company. The new financing is mainly used for the construction of Creatcomm park and the research and development of new technologies, which will further enhance the company’s development strength, improve the company’s product line, expand production capacity and lay the foundation for further development.

Early in October, Creatcomm CEO Jerry attended the Qualcomm Global Investment CEO conference, in Santiago. That means, Qualcomm’s 30 million investment to Creatcomm, which lasted nearly one year, was completely finished.

As we know, Qualcomm is the world leader in 3G, 4G and next generation wireless technology, and is committed to leading the global 5G Road. It has now provided technical licensing to a number of manufacturers worldwide, involving the world’s telecommunications equipment and consumer electronics equipment brand.

He choose Creatcomm, because we have been working in the field of WIFI for years, has great technological advantages than other company and has rich experience in outdoor applications. Lots of our products are verified in practice, especially in wireless video transmission. Qualcomm will also bring us lot of resource from the market and the development direction of communication area.

We both think the cooperation will bring great development opportunities to each other. The new age for Creatcomm is coming!