China Telecom launches the world's first medical diagnostic mobile phone

Release date: 2014-02-13

Recently, China Telecom and Swiss company LifeWatch jointly launched the world's first medical diagnostic mobile phone, and China Cloud Fox Technology provided its mobile medical system platform. Mobile Health, which is regarded as the next "gold mine" in the communications industry, will use this mobile phone to enter thousands of Chinese families. LifeWatch, a well-known provider of remote cardiac monitoring services, announced on Wednesday that it has signed a memorandum of understanding with China Telecom, which will order a $400 million LifeWatchV handset and other related services over the next five years. LifeWatch expects the partnership to increase the company's performance by 30% and to make the company's EBIT a significant increase in 2014. According to the memorandum, the minimum annual sales volume agreed by the two parties will increase year by year and reach the highest in the third year. After the news was released, LifeWatch's share price rose 22% in the Swiss market overnight, hitting a new high in more than three years. LifeWatchV is an Android-powered smartphone with 7 different health tests. The user simply places the thumb on the screen sensor and the phone can begin body testing, including electrocardiogram, blood glucose, blood oxygen, and heart rate. China Yunhu Technology (formerly Dexin Wireless) designed mobile medical platform for LifeWatchV. The company is one of the largest mobile phone software and complete solution design providers in China. Mobile Health is becoming a hot spot in the entire mobile communications industry. As early as the 2011 World Mobile Communications Conference, it attracted the attention of many participants and is considered to be the next "gold mine" in the communications industry. The information technology consulting company IDC released the report on January 16, 2006, "China's medical industry IT market 2014 top 10 forecast" pointed out that mobile medical systems are rapidly spreading in large hospitals, improving the efficiency of medical staff. The report refers to mobile doctor-like applications (such as mobile electronic medical records, mobile diagnosis and consultation). As of September 2013, 17.5% of China's tertiary hospitals have used mobile medical systems. Great Wisdom F10 data shows that domestic listed companies engaged in mobile medical care also include Neusoft Group (600718.SH) and Yinjiang. Yinjiang Co., Ltd. focuses on the application fields of IoT vertical industry such as urban intelligent transportation, intelligent medical informationization and intelligent buildings. In the field of medical informatization, it mainly provides hospital digital medical solutions, including the overall information system and electronic medical record data exchange platform system, wireless medical care system, patient management system, etc. Xikang China under Neusoft Group mainly through professional remote monitoring The equipment, relying on the well-known medical experts and professional health consultants of the hospital, provides multi-level, multi-dimensional and integrated health management services for individuals, families and people. It uses the Internet, the Internet of Things and cloud computing technologies to build a health management network that covers individuals, families and communities.

Source: Great Wisdom

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