Infineon Technologies : and JD sign strategic partnership agreement, joining efforts to build smart IoT ecosystem
August 13, 2018 at 04:35 am EDT
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Munich, Germany and Shanghai, China - 13 August 2018 - Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and JD group (JD) have signed a strategic partnership agreement aimed at creating an efficient and secured smart IoT (Internet of Things) ecosystem accelerating towards the vision of smart life. The two companies will combine Infineon's leading technology expertise in the semiconductor solution field and the local market insight and network of JD, China´s largest online retailer.
'Infineon is committed to empowering a wide range of industries with secured and efficient technologies, with a special focus on building strong alliances with local market partners,' said Adam White, Senior Vice President Global Sales of the Power Management & Multimarket Division at Infineon. 'We are very delighted with the strategic partnership with JD, since it means a win-win situation.' As an underlying technology provider, Infineon provides effective technical support for various aspects such as the creation of IoT devices, data connectivity, storage and analysis. The aim of this partnership is to speed up applications in scenarios such as smart homes and assist in the continuous improvement of JD's cloud service platform.
'Partnering with leading global semiconductor companies such as Infineon is of great strategic importance to JD,' said Xianglong Su, General Manager of Intelligent Manufacturing Department, Electronics and Entertainment Group, JD. 'Whether it is the electronic component solution platform, or the overall IoT ecosystem that we are committed to building, breakthroughs depend on the innovation and support of the underlying technology, ultimately translating to a more intelligent, more convenient, and more secure user experience.'
About Jingdong (JD)
JD.com is China's leading technology-driven e-commerce company. Its cutting-edge retail infrastructure enables consumers to buy whatever they want, whenever and wherever they want it. The company has opened its technology and infrastructure to partners, brands and other sectors, as part of its Retail as a Service offering to help drive productivity and innovation across a range of industries. JD.com is the largest online retailer in China, a member of the NASDAQ100 and a Fortune Global 500 company.
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Infineon Technologies AG published this content on 13 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 August 2018 08:34:03 UTC
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).