Company Overview - Taoping Inc. is a developer of innovative smart cloud platform services, new media, and artificial intelligence solutions [4] - The company has established a city partner ecosystem and a comprehensive portfolio of high-value areas for its products [4] Recent Developments - Taoping announced a new order for enhanced AI-powered Smart Terminals valued at approximately US$600,000 from Lu'an Wanjiang Advertising Media Co., Ltd. [2] - The Smart Terminals will be installed in various locations including supermarkets, office buildings, and residential communities in Lu'an City [2] Market Trends - The advertising terminal market in China is projected to exceed 10 billion RMB by 2026, driven by the upgrading of advertising terminals and the construction of smart cities [3] - Applications utilizing big data and AI technologies, such as touch, voice, and face recognition, are becoming increasingly prevalent in retail environments [3] Strategic Initiatives - Taoping plans to deepen its cooperative relationship with Lu'an Media by leveraging its national city-partner network to expand the implementation of Smart Terminals [3] - The company aims to pursue new large-scale opportunities driven by technology trends to enhance revenue growth and shareholder value [2]
Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals