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Stock impact report

Focus Universal Inc. Announces an Update on Universal Smart IoT Platforms [Yahoo! Finance]

Focus Universal Inc. (FCUV) 
NASDAQ:AMEX Investor Relations: investor.universalcorp.com
Company Research Source: Yahoo! Finance
patented hardware and software design technologies for Internet of Things (IoT) and 5G, today announced an update on its universal smart IoT developments. Over a period of over 15 years, the company has continued to develop five disruptive patented technology platforms with 28 patents and patents pending in various phases and 8 trademarks pending in various phases to solve the major problems facing hardware and software design and production within the industry today. Currently, Focus Universal is in the process of testing these universal smart IoT platforms. Focus Universal is simulating 100,000 IoT devices running on Focus platforms, and the company expects to complete this large simulation at the end of March. Focus Universal also expects to complete an even larger simulation of 100 million IoT devices running on the platforms by the end of 2024. Focus Universal also expects to start commercializing this technology in 2025. The initial, simplified version of universal smart IoT Show less Read more
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