SINGAPORE- Media OutReach -October 19, 2018 - Global technologysolutions provider Arrow Electronics, Inc. today signed a memorandum ofunderstanding (MoU) with Infineon Technologies, a German semiconductor andsystem solutions provider, to provide start-upbusinesses in South East Asia, India, Australia and New Zealand with innovativeproducts and engineering support to help them accelerate the idea-to-impactinnovation journey.
Arrow and Infineon MoU Signing Ceremony (from left to right)Natarajan MM (Arrow), Esmond Wong (Arrow), H.E. Dr. Ulrich A. Sante (German Ambassador to Singapore), Dr. Koh Poh Koon (Senior Minister of State, Singapore) Dr. Helmut Gassel (Infineon) and Chua Chee Seong (Infineon)
The MoU was signed at Infineon Technologies' OktoberTech Asia eventtoday where industryplayers showcased solutions around the future of mobility, robotics, smartliving and smart cities. Dr. Koh PohKoon, Senior Minister of State, Ministry of Trade & Industry andNational Development and H.E. Dr. UlrichA. Sante, German Ambassador to Singapore were among the officiating guests atthe event today. The eventfeatured keynote speeches, concurrent technical tracks and an innovationshowcase of nearly 40 mobility, smart living and robotic applications.
"Infineonoffers a wide range of microelectronics that connects the digital world of datawith the real world of things, from sensors to security chips," said Chua Chee Seong, president and managing director,Infineon Technologies Asia Pacific Pte. Ltd. "Infineon's collaboration with Arrow willoffer start-ups the capabilities and innovations to develop the next generationof intelligent and intuitive devices."
"Withtechnologies rapidly evolving in the last few years, startups constantly facechallenges to stay ahead of the game. They are often in need of engineering expertise, especially in areassuch as wireless connectivity, sensing and controlling and system integration. This is where Arrow can come in to bridgethese knowledge gaps and accelerate turning innovative ideas to impactfulinventions/businesses," said NatarajanMM, vice president of sales for South Asiaof Arrow's Asia-Pacific business."We are excited to extend our long-standing collaboration with Infineon and puta wide range of Infineon innovative products in the hands of the innovators andengineers, especially in the areas of autonomous car, electrified low-speed vehicles,robotics, industry 4.0, and smart home and city applications."
Arrowis committed to supporting the start-up ecosystem in Singapore, including announcinga collaboration with AIRmaker, a Singapore-based Internet of Things(IoT) accelerator. Arrow has been helping the AIRmaker program start-ups becomemore effective and productive in their idea-to-impact product journey by overcomingtechnical challenges and gaining critical IoT technology know-how, to turn adesign into a product ready to be manufactured.
"Asa start-up accelerator, we have seen a lot of talented entrepreneurs andpromising startups in Singapore who are ready to take off and thrive. They havegreat business ideas and the vision to contribute to the nation," said Kwai Seng Lee, managing director, AIRmaker. "Globaltechnology companies such as Arrow bring technology know-how andengineering expertise that can help startups throughout their idea-to-impactinnovation journey."
About Arrow Electronics
Arrow Electronics guides innovation forward forover 150,000 of the world's leading manufacturers of technology used in homes,business and daily life. With 2017 sales of $26.6 billion, Arrow aggregateselectronics and enterprise computing solutions for customers and suppliers inindustrial and commercial markets. The company maintains a network of more than345 locations serving over 80 countries. For more information visit www.arrow.com.