Infineon Technologies has expanded its innovation ecosystem with the inking of collaborations with CapitaLand Investment and Hyundai Motor Group.
Having already nurtured 11 start-ups in its Co-Innovation Space, the semiconductor giant will now partner the two Asian industry leaders to empower startups to develop innovations in sustainability, future mobility, smart cities, and smart factory.
“We welcome CapitaLand Investment and Hyundai Motor Group into our Asia Pacific innovation ecosystem. Together, we aim to inspire new electrification and digitalization solutions that address real world challenges and make the world a better place for all,” said Chua Chee Seong, President and Managing Director of Infineon Technologies Asia Pacific.
Infineon will collaborate with CapitaLand Investment’s Smart Urban Co-Innovation Lab on startups creating innovations for sustainability such as energy management and urban farming. The partnership with Hyundai will focus on startups with innovations in future mobility, smart cities and smart factory.
The moves were warmly welcomed by Singapore’s Minister for Trade and Industry Gan Kim Yong, who was the guest-of-honour at Infineon’s OktoberTech event today.
“I encourage our semiconductor companies and industry partners to actively partner us, as well as with each other, to develop and test-bed new solutions, and leverage innovation to achieve our sustainability goals,” said Gan.