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Business deals

Hitachi and Tencent team up on 'internet of things'

Japanese company seeks partner's help to expand in China

Tencent, the company behind the WeChat messaging app, seeks to expand operations beyond its consumer services. Hitachi, for its part, aims to strengthen its presence in China. (Photo by Akira Kodaka)

TOKYO -- Hitachi and Tencent Holdings have reached a basic agreement to partner in the fast-growing "internet of things" field, seeking to bring together each other's technological prowess to develop new services. 

The tie-up, announced Monday, is meant for the long term and aimed at applying internet of things technologies to manufacturing, logistics and infrastructure, including building "smart cities" across China.

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