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Infineon And JD Sign Strategic Partnership Agreement

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Infineon Technologies 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."


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