Infineon to Collaborate with CapitaLand and Hyundai

Article By : Infineon Technologies

Infineon is collaborating with CapitaLand and Hyundai to empower startups in Asia to develop innovations in sustainability, future mobility, smart cities, and smart factory.

Infineon Technologies is collaborating with CapitaLand Investment and Hyundai Motor Group to empower startups in Asia to develop innovations in sustainability, future mobility, smart cities, and smart factory.

“This is the first time that Infineon is collaborating with the two titans of the industry to empower our communities of startups to deliver innovations that can make life easier, safer and greener,” said Chua Chee Seong, President and Managing Director, Infineon Technologies Asia Pacific. “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.”

Guest-of-Honor Mr. Gan Kim Yong, Minister for Trade and Industry (third from right) and Dr. Helmut Gassel, Chief Marketing Office at Infineon Technologies AG (fourth from right) listening to a demonstration of the autonomous mobile robot and how it can help to streamline work processes and increase process equipment utilization in a smart factory. This solution is among nine innovations showcased onsite while another 22 innovations are presented virtually at the OktoberTech Asia Pacific 2021 hybrid event.

CapitaLand Investment’s Smart Urban Co-Innovation Lab1 will spearhead this collaboration with Infineon. The Lab is Southeast Asia’s first industry-led platform focused on smart cities solutions that brings together leaders across various industries to catalyze co-innovation communities and seed new market opportunities, leveraging Singapore Science Park as a living lab. Infineon will work with startups on innovations for sustainability such as energy management and urban farming. Additionally, Infineon and the Lab are keen to bring communities of startups together to inspire innovations for a better world. These will involve sustainability-themed engagements such as workshops, technology demos or networking sessions.

Giving a thumbs-up to the Infineon-CapitaLand Investment MOU: (from left) Mr. Chua Chee Seong, President and Managing Director, Infineon Technologies Asia Pacific; Mr. Rohit Girdhar, Vice President, Strategy and M&A, Infineon Technologies Asia Pacific; Mr. Gan Kim Yong, Minister for Trade and Industry, Government of Singapore; Mr. Alwyn Tan, Chief customer solutions, CapitaLand Investment; and Dr. Helmut Gassel, Chief Marketing Officer and Member of the management board, Infineon Technologies AG.

With Hyundai, a global corporation with a value chain based on automobiles, steel, construction, logistics, finance, IT and service, Infineon aims to empower startups with innovations in future mobility, smart cities and smart factory. Startups selected by Hyundai and Infineon will be offered the opportunity to be in Infineon’s Co-Innovation Space in Singapore. Subsequently, the collaboration will also be expanded globally.

Infineon has a strong track record of successfully empowering startups at its Co-Innovation Space located where its experts provide insights and guidance to startups on systems engineering, chip and system design, business innovation and design thinking. Infineon experts help startups improve the quality, reliability, performance and value for real-world applications.

Celebrating the signing of the Infineon-Hyundai Motor Group MOU: (from left): Mr Chua Chee Seong, President and Managing Director, Infineon Technologies Asia Pacific; Mr. Lee Seung Soo, Vice President and Managing Director, Infineon Korea; Mr. Gan Kim Yong, Minister for Trade and Industry, Government of Singapore; Dr. Hwang Yun Seong, Vice President, Head of Open Innovation Investment Group, Hyundai Motor Group; and Dr. Helmut Gassel, Chief Marketing Officer and Member of the management board, Infineon Technologies AG.

Startups have “graduated” from the Co-Innovation Space, which was established in 2018, with some showcasing their innovations today at Infineon’s OktoberTech Asia Pacific, an annual symposium for corporate innovators, startups, academics, investors, and policy makers.

Gan Kim Yong, Minister for Trade and Industry of Singapore, was Guest-of-Honor while Dr. Helmut Gassel, Chief Marketing Officer at Infineon delivered the keynote speech at this year’s symposium, a hybrid event with global and regional experts speaking on topics relating to Innovation for Sustainability.

Infineon has made Singapore its Asia Pacific base for more than 50 years, investing S$700 million over the past decade. Singapore has become the lead site for smart factory solutions development and the global test hub for automotive microcontroller units. It is also a key node for Infineon global distribution and one of the major microelectronics R&D centers in Asia.

 

Subscribe to Newsletter

Leave a comment