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Avnet and Infineon decide to support startups and incubators

Avnet has recently signed a Memorandum of Understanding (MOU) with Infineon Technologies Asia Pacific to jointly support startups and incubators from technology-related sectors in Southeast Asia.

Startups and incubators will now be able to access Avnet and Infineon’s expertise, ecosystem, and technological facilities to accelerate the process of bringing their products to market.

The cooperation will give startups access to laboratory facilities, technical support, and guidance in areas of solution design, testing and certification based on Infineon’s products and manufacturing services. To further develop the innovation ecosystem, Avnet and Infineon will also collaborate with incubators to jointly organize workshops, seminars, and events for stakeholders to discuss current and emerging technology trends.

Tan Aik Hoon, Regional President, South Asia, Korea and Avnet United said, “Avnet has been at the forefront of enabling innovation in the region. Our partnership with Infineon will allow us to further enhance our innovation-enabling capabilities for startups at every stage of the product lifecycle so they can get to market faster. We see great potential in Southeast Asia as a region for the development of innovative technologies with its thriving and vibrant entrepreneurial ecosystem.”

Lim King Soon, Vice President, Distribution Management, Infineon Technologies Asia Pacific Pte Ltd said, “We welcome Avnet in bringing onboard their expertise including IoT, design and supply chain that greatly complements Infineon’s extensive portfolio of sensors, microcontrollers, actuators and embedded security to develop the next generation of intelligent applications and IoT solutions linking the real and the digital world.”

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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