Infineon and Alibaba Cloud sign MoU on IoT to facilitate Chinese 'digital upgrade'
Infineon Technologies has signed a Memorandum of Understanding (MoU) with Alibaba Cloud for the joint promotion of Internet of Things (IoT) solutions.
The billion-Euro German semiconductor manufacturer will call on its own core technology and service advantages in the field of IoT to collaborate with Alibaba Cloud on its IoT operating system, AliOS Things.
They are also set to collaborate on the planning, implementation and security standards of the IoT to allow businesses in China the opportunity to access Alibaba Cloud in a reliable manner, facilitating the 'digital upgrade' of Chinese enterprises and cities.
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"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 & Multimarket, Infineon Greater China. "We are very pleased to work with leading companies like Alibaba Cloud, and to join in creating an IoT service platform that meets the needs of the local market, helps companies achieve digitalisation, and provides a driving engine for innovation and the development of smart cities in China."
Wei Ku, Vice President of Alibaba Group and General Manager of Alibaba Cloud IoT, added: "The construction and improvement of the IoT ecosystem requires gathering the advantageous resources and power of all parties. This partnership combines Alibaba Cloud's capabilities in operating systems with Infineon's semiconductor technology solutions. We believe that this will effectively promote the deployment of IoT in smart industries."
Alibaba Cloud, founded in 2009, is one of the leading cloud computing and artificial intelligence technology companies in the world, providing services to enterprises, developers and government agencies in more than 200 countries and regions.