- CEO
- Kang Wang
- Full Time Employees
- 451
- Sector
- Distribution services
- Industry
- Electronics distributors
- Address
- Shenzhen China
- IPO Date
- Jan 23, 2020
- Business
- Shenzhen Neoway Technology Co., Ltd. is a China-based provider of Internet of Things (IoT) access communication products, intelligent computing solutions, and cloud services. Founded in 2006 and headquartered in Shenzhen, Guangdong Province, China, the company specializes in end-to-end cloud-pipe-device access architecture, delivering wireless communication hardware, cloud connectivity platforms, and edge computing equipment to smart energy, automotive telematics, smart city, commercial retail, and industrial IoT sectors. The company operates through three principal business segments: Wireless Communication Modules and Terminals, Cloud Platform Services, and Intelligent Computing and Storage Infrastructure. Its core product and service portfolio comprises cellular wireless communication modules spanning 2G, 3G, 4G, 5G, 5G RedCap (Reduced Capability), NB-IoT, and eMTC standards; intelligent wireless terminals and sensing hardware, including on-board diagnostics (OBD) devices, vehicle tracking and fleet management trackers, electronic logging equipment, asset monitoring sensors, smart emergency vehicle beacons, and industrial IoT gateways; cloud platforms and IoT connectivity management software, including Neoaccess Cloud and Neopipe Cloud; and data center and edge computing infrastructure, including ARM-based high-density distributed storage servers, array AI computing servers, edge computing terminals, and computing power leasing services. Neoway Technology markets its products domestically across China and internationally in key markets throughout India, Europe, North America, and Southeast Asia, serving telecommunications operators, public utilities, smart grid enterprises, automotive OEMs, and industrial automation providers. In recent developments, Neoway Technology has strategically expanded beyond traditional IoT modules into artificial intelligence infrastructure, distributed storage, and robotics. The company launched advanced 5G RedCap modules and smart convergent terminals customized for State Grid standards, integrating single-point BeiDou navigation positioning and OpenHarmony operating system compatibility. To address embodied AI and autonomous systems, Neoway established a dedicated robotics solution line providing wireless modules, core computing boards, and integrated communication-and-compute platforms for commercial service, inspection, and humanoid robots. Through its subsidiary Neoway Data, the company entered into strategic alliances with Reach Information and DapuStor to co-develop localized ARM storage servers, AI inference servers, and enterprise data storage systems. Furthermore, Neoway expanded its overseas manufacturing footprint by partnering with manufacturing platform Zetwerk to establish localized IoT communication module production in India, while deepening its deployment in municipal digital twin infrastructure through the Shenzhen IoT Perception Platform project.