Guo implies overheating in the Internet car sector

Terry Guo, president of Hon Hai Precision Industry an d CEO of Foxconn during the Second World Internet Conference on Thursday.

"We are talking a lot about the Internet cars at present, but safety is the most important thing for a car, not entertainment or mobile game,” said Terry Guo, president of Hon Hai Precision Industry and CEO of Foxconn during the Second World Internet Conference on Thursday.

"The sensitivity of the surrounding environment requires mass of basic industrial manufacturing base, rather than the network technologies,” he added.

"More than 100 companies with slight Internet background are engaging in manufacturing Internet cars and asked us to build molds for them. But I am not sure whether they will start production or whether the cars can be driven on the road."

The Second World Internet Conference, the most high-profile Internet related event in China, is taking place in the picturesque water town of Wuzhen, Zhejiang province, Dec 16 to 18.

The conference, with a goal of “building a cyberspace community of shared destiny”, has gathered together more than 2,000 participants, including state leaders, government officials, business leaders, Internet titans, and experts from more than 120 countries and regions.

The guests at 10 forums will exchange views on a wide range of topics such as Internet culture communication, Internet innovation and development, digital economic cooperation, cyber security, Internet plus, cyberspace governance and the digital Silk Road.

Furthermore, the conference will review the achievements of China’s Internet development over the last two decades and look into the future by displaying a treasure house of the latest technical inventions.