Bosch makes Chinese IoT deal
The agreement covers such applications as smart home, wearable devices, smart city, industry 4.0 and robotics. The agreement also covers "new paths to market" for products for the Chinese IoT market.
The companies were not more explicit but this could include support for Chinese startups seeking to address the Chinese market with licensed technology or with subsystems based on Bosch components.
"Bringing together Bosch’s global technology leadership with SITRI’s unique platform for rapid incubation and commercialization of new IoT technologies will enable a fast start on designs that can be commercialized quickly for this fast moving market," said Charles Yang, president of SITRI, in a statement.
SITRI is associated with the Shanghai Institute of Microsystem and Information Technology (SIMIT) and the Chinese Academy of Sciences, and through both with the Chinese government.
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