BEIJING, March 19, 2019 /PRNewswire/ -- iQIYI, Inc.
(NASDAQ:IQ) ("iQIYI" or the "Company"), an innovative
market-leading online entertainment company in China, today announced the launch of its
8K VR visual experience at China
Unicom's 5G Innovation Showroom in Beijing, in effort to explore the
commercialization of 5G technology. The two companies will
collaborate to jointly produce customized VR products in the
future.
![5G Unicom 5G Unicom](https://mma.prnewswire.com/media/838430/5G_Unicom.jpg)
Along with China Unicom's 5G network, the 8K VR visual experience is brought to customers
by iQIYI's high-speed streaming "Qisubo" service and QIYU
VR Standalone Headset. With the support of 5G technology,
users will be able to enjoy an even more immersive VR experience
with 8K playback quality at
unprecedented fluidity, clarity and resolution. This is made
possible by the minimal latency and sufficient bandwidth enabled by
the 5G technology, allowing iQIYI's product to successfully
integrate Content Delivery Networks (CDN) technology with 5G and
Mobile Edge Computing (MEC).
"This collaboration marks a successful cross-sector that fully
utilizes each company's strengths in the areas of infrastructure
and technology," said Liu Wenfeng, Chief Technology Officer at
iQIYI. "We are thrilled that iQIYI's cutting-edge technology can be
used to explore the endless possibilities in the commercialization
of 5G technology and contribute to expanding the boundaries of
entertainment technology to enrich user experience."
According to Miao Wei, Minister of China's Ministry of
Information and Industry Technology (MIIT), China will carry out 5G
trials in various cities across the country this year, marking an
exciting time to explore the commercialization of 5G technology. In
comparison to 4G technology, 5G technology provides Internet at a
speed that's 10 to 100 times faster, network latency within the
millisecond range, and data density of 10Mbps/Sqm. The
implementation of this breakthrough technology in iQIYI's
collaboration with China Unicom Beijing has in turn resulted in
remarkable progress for the enhancement of VR experiences available
on the market.
iQIYI's "Qisubo" service can be flexibly applied to various
types of networks of all sizes, and customize video content
according to the user's physical location. In the future, this
service will be applied to VR cinema rooms, offline VR experience
stores and other products, so that users in hotels, airports,
high-speed trains, universities, shopping malls and other settings
can enjoy an extensive selection of high-quality video content.
During the 2019 Lunar New Year, iQIYI cooperated with AIS, a
well-known Thai telecommunications operator, and China Unicom
International Limited (CUG) to make "Qisubo" service available in
various hotels in Thailand.
About iQIYI, Inc.
iQIYI, Inc. is an innovative market-leading online entertainment
service in China. Its corporate
DNA combines creative talent with technology, fostering an
environment for continuous innovation and the production of
blockbuster content. iQIYI's platform features highly popular
original content, as well as a comprehensive library of other
professionally-produced content, partner-generated content and
user-generated content. The Company distinguishes itself in the
online entertainment industry by its leading technology platform
powered by advanced AI, big data analytics and other core
proprietary technologies. iQIYI attracts a massive user base with
tremendous user engagement, and has developed a diversified
monetization model including membership services, online
advertising services, content distribution, live broadcasting,
online games, IP licensing, online literature and e-commerce. For
more information on iQIYI, please visit http://ir.iqiyi.com.
About China Unicom
China United Network Communications Group Co.,Ltd ("China
Unicom") was officially established on 6
January 2009 on the basis of the merger of former
China Netcom and former China
Unicom. It has branches in 31 provinces (autonomous regions and
municipalities) across China and many countries and regions around
the world. With a modern communication network characterized by
nationwide coverage and global reach, China Unicom mainly operates
fixed and mobile communications service, domestic and international
communications facilities, satellite IPLC service, data
communications service, network access service, value-added telecom
services and system integration service related to information and
communications services.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/iqiyi-and-china-unicom-beijing-collaborates-on-commercialization-of-5g-technology-300815351.html
SOURCE iQIYI, Inc.