China News From Sino Daily - Business, Environment and Technology

January 01, 2013

China eyes greater market share for its GPS rival
Beijing (XNA) Jan 01, 2013
China's domestically-produced navigation system aims to take 70 to 80 percent of the now GPS-dominated domestic market by 2020, a spokesman for the system said Thursday. We hope industries based on the BeiDou Navigation Satellite System (BDS) will hold 15 to 20 percent of the market share by 2015, BDS spokesman Ran Chengqi, also director of the China Satellite Navigation Office, said at a press conference on the official launch of the system. Ran announced that the BDS began providing positioning, ... read more

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