Friday, May 22, 2015

Audi says to enhance Chinese connected-car offerings with Baidu

Audi (VOWG_p.DE) said on Friday its planned cooperation with China's web services provider Baidu aims to enhance connected-car offerings in the world's largest auto market.Based on a partnership agreed in January, the two companies will jointly develop navigation map data, positioning algorithms and point-of-interest functions, Audi said in a statement published ahead of its annual shareholder meeting in Neckarsulm, Germany.Audi and Baidu agreed a memorandum of understanding in January and will sign a contract on their partnership at the May 25-27 international Consumer Electronics Show (CES) in Shanghai. Audi also said it will develop a China-specific LTE module with Huawei [HWT.UL] to deliver fast-data transmission. (Reporting by Andreas Cremer; Editing by Christoph Steitz)

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