China's leading cyber security company Qihoo 360 Technology Co., Ltd. (QIHU.NASDAQ) is working with other automakers to establish China's telematics security alliance, expecting to solve the information system security problem of automobiles.
"We hope to enhance technological cooperation across different industries, promote industrial innovation and solve automobile information system security problem by relying on joint efforts of the alliance," said an insider with Qihoo 360.
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