Core Insights - The Beidou technology is transitioning from specialized fields to the mass consumer market, marking the entry of the Beidou industry into the era of spatial-temporal intelligence [1][4] - The latest Beidou chips are enhancing the performance and competitiveness of various applications, including smart devices and autonomous vehicles [2][3] Industry Developments - Wuhan has over 300 Beidou-related enterprises, with the industry scale expected to exceed 64 billion yuan by 2024, covering the entire chain from chip development to application services [4] - The integration of Beidou technology with new information technologies, AI, big data, and cloud computing is being actively explored to expand its applications in consumer electronics and wearable devices [4] Company Innovations - Wuhan Mengxin Technology Co., Ltd. has launched modules equipped with the latest Beidou chips, which enhance functionalities such as automatic operation and remote control for various applications, including smart lawn mowers and camping vehicles [2][3] - The performance of Beidou chips is crucial for determining the precision, power consumption, size, cost, and reliability of terminals, which are essential for the large-scale and global application of Beidou technology [3][4]