Infineon, Alibaba sign IoT deal

August 02, 2018 // By Peter Clarke
Infineon Technologies AG (Munich, Germany) and Alibaba Cloud Computing Company (Shanghai, China) have signed a memorandum of understanding (MoU) for the joint promotion of IoT applications within Chinese cities and industry.

Infineon, a pioneer of Industry 4.0, will provide semiconductor technology and combine it with the Alibaba Cloud and Alibaba IoT operating system, AliOS Things, and provide technical services.

As part of the collaboration, the two parties the planning, implementation and security standards of the IoT. The two companies also plan to collaborate on e-commerce channels.

"Sustainable growth in mainland China is one of Infineon's most important development strategies, and is also our long-term goal in the Chinese market," said David Poon, vice president of power management and multimarket for Infineon in Greater China.

Related links and articles:

www.infineon.com

www.aliyun.com

News articles:

Industrial, automotive to drive IoT sales

Scheme lowers cost of IoT Security Foundation membership

China's Espressif ships 100 million IoT chips

Microsoft to invest $5 billion in IoT

Infineon eclipses ST in industrial chip vendor ranking


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