MoU on Internet of Things (IoT) signed

As an active promoter and practitioner of Industry 4.0, Infineon will rely 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, and provide technical services. Additionally, with the acceleration of the IoT application process, new requirements are also placed on system security. As part of this collaboration, the two parties will further explore the planning, implementation and security standards of the IoT, enabling SMEs and individuals to deploy and access Alibaba Cloud in a low-cost, highly reliable manner. This will enable the participants to share in the development dividend of the IoT, while protecting them from losses caused by security risks. The two companies also plan to collaborate on e-commerce channels.

Based on this, both parties will make use of Alibaba Cloud's integration capabilities and successful experiences in IoT and work together to create advanced and secure IoT solutions. This will help upgrade and transform the smart digitalisation of SMEs, allowing them to manage the entire production process through digital means.

Wei Ku, Vice President of Alibaba Group and General Manager of Alibaba Cloud IoT, stated: “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.”

Andreas Urschitz, President of the Power Management & Multimarket Division at Infineon, added: “As the world's leading semiconductor manufacturer, Infineon is committed to combining our advanced IoT semiconductor solutions with local experience. This partnership with Alibaba marks our efforts in this field.”

David Poon, Vice President of Power Management and Multimarket, Infineon Greater China, concluded: “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. 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.”