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THE TERRA PHOENIX & CREST STORY
“Our R&D project title is Hybrid Visible Light Communication in the Wireless System for Location-based Services. To simplify, we are prototyping a communications system that allows users to access the Internet at 5G speed, using light as a medium. This technology is existent. Today, we are focusing on the commercialisation of various potential applications in the global marketplace.”
“As the world moves towards 5G mobile telecommunications, there will be higher data demand. So far, only China, Korea and a handful of other countries have managed to install and run 5G systems because of high investment costs and the inherent complications related to 5G infrastructure.”
Today, our prototype has reached a technology level of 8. I truly thank CREST for the continuous support. We look forward to significantly changing the world of telecommunications.”
DR. Tan Ching Seong, Group CEO of the Terra Phoenix Group of Companies
The first breakthrough, Dr. Tan said, was the development of a hybrid li-fi hotspot in which multiple users may tap one light source for data, just like a typical wi-fi hotspot system.
According to Dr. Tan, the market potential is enormous. “We are going into a market wherein mass-market consumers will be using our system. Based on a survey, the total market potential is close to US$500 billion globally,” he said.
“I have been working in many countries and many funding agencies. I would like to highlight two significant features in CREST’s DNA which makes it unique.”
“As a team, we are going into our first commercial funding at the seed stage. With sufficient funding, we will push quickly into a few countries where we wish to be dominant in terms of patents, IP rights and market coverage.”
“We have two existing partners. One is a contract manufacturer in Penang, and the other is a marketing arm in China which is also sourcing raw materials and components for us at affordable costs,” he explained.
