HTC Corporation is continuing its investment in mobile communications service and technologies. Lately, the company announced to invest USD 5.5 million in Shanghai F-road Commercial Services Co., Ltd., a mobile payment service provider in Mainland China. HTC will have a seat in the board of Shanghai F-road. Earlier, in November 2010, the company put USD 2.5 million in NetQin Mobile Inc., a leading provider of mobile security services.
Since Web sites of banks are easy to be attacked by hackers, Shanghai F-road develops mobile bankcards in combination with SIM cards and chips, which will be connected with the data centers of banks and avoid security risks. Currently, the company’s customers include rural commercial banks in Jiangsu and Chongqing.