What does RCS concept stock mean?

With the popularity of various communication apps and the improvement of network speed, our demand for making phone calls and sending text messages is far less than before. In this case, in order to cope with Internet competition, RCS is very important for communication operators. What does RCS concept stock mean?

1, the so-called RCS, full name is Rich Communication Suite, Chinese name is Unified Communication, which is to integrate the three basic functions of calling, contacting and messaging in a mobile phone, and then add some new functions.

2, such as video calls, voice messages, etc. In general, it is to integrate the basic communication functions of mobile phones like WeChat, which makes it more convenient for us to use.

3. It can be seen that this technology still meets the needs of users and has a relatively large market prospect. We can look for relevant constituent stocks to invest in the concept index of RCS Rich Media Communication (885889), but we should invest rationally and be alert to the risk of speculation.

This is the information I found for you about RCS concept stocks. I hope I can help you.