Infineon Signs MoU With Alibaba To Promote IoT

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Infineon, the Munich-based semiconductor and microelectronics company, has signed a memorandum of understanding (MoU) with Alibaba Cloud Computing to promote Chinese IoT.

Infineon
Image for representational purpose only

The MoU focuses on increasing uses and speeding adoption of IoT for smart life and smart industry applications in China. Infineon will collaborate with Alibaba Cloud to expand and promote AliOS Things, the Alibaba Cloud IoT operating system, reported The Stack.

The two companies will also work together on IoT security solutions, particularly low-cost IoT security for SMEs. In addition to working on low-cost, high-impact IoT and IoT security solutions, Infineon and Alibaba Cloud intend to explore eCommerce collaboration opportunities.

Wei Ku, vice president of Alibaba Group and general manager of Alibaba Cloud IoT noted that partnerships are invaluable to the progress of IoT solutions. “This partnership combines Alibaba Cloud’s capabilities in operating systems with Infineon’s semiconductor technology solutions,” he said. “We believe that this will effectively promote the deployment of IoT in smart industries.”

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This sentiment was echoed by Infineon’s vice president of power management and multimarket, David Poon, who said that the partnership will support the development and promotion of enterprise IoT throughout the country.

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