UCLOUDLINK GROUP INC. (“UCLOUDLINK”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, has formed a strategic partnership with Tuya Inc. (“Tuya”) (NYSE: TUYA，HKEX：2391), a global leading IoT cloud development platform, to initiate comprehensive technological cooperation in the field of Internet of Things (“IoT”). UCLOUDLINK and Tuya will leverage their respective technological advantages and make joint efforts into research and development in the IoT industry of cloud era.
“We are excited to extend our partnership in the IoT industry by cooperating with Tuya. Empowered by UCLOUDLINK’s expertise in data connectivity services, Tuya’s smart products will benefit from UCLOUDLINK’s cloud SIM technology and hyper-connectivity solution to access reliable, better, and high-quality internet data connectivity services, helping users expedite the process of digital transformation and enabling them to enjoy the benefits provided by the enhanced IoT solutions.” said Chaohui Chen, Director and CEO of UCLOUDLINK.
Mr. Chen continued, “The partnership will not only produce win-win outcomes but also go a long way in driving the innovation of IoT industry in the cloud era as a whole. UCLOUDLINK specializes in developing innovative IoT solutions empowering single entry point to access all available networks while reducing overall data connectivity services costs, and our solutions are widely applied in a variety of commercial scenarios including industry Wi-Fi router, IP Camera, Power, emergency services and Autopilot, etc.”
UCLOUDLINK continues to facilitate the acceleration of the cloud era of IoT through its PaaS and SaaS platform based on cloud SIM technology and hyper-connectivity solution. The possible surge in demand for IoT cloud services will create significant business growth opportunities for UCLOUDLINK. As the pioneer technology solution provider in the data connectivity sector, UCLOUDLINK will keep collaborating with more business partners worldwide to accelerate the development of IoT industry in the cloud era.
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