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Infineon doubles Co-Innovation Space to accommodate more startups

✦ And welcomes Korea SMEs and Startups Agency as new ecosystem partner in Infineon global startup co-innovation program


Global semiconductor company Infineon Technologies has expanded its Co-Innovation Space in Singapore, the company announced at OktoberTech™ Asia Pacific. The expansion aims to accommodate more startups from Singapore and the Asia Pacific region.


In addition, Infineon has partnered with Korea SMEs and Startups Agency (KOSME) to foster innovation in decarbonization and digitalization solutions in Asia. KOSME will introduce Korean startups with innovative solutions to Infineon for evaluation and assessment of their engineering needs. Selected startups will have the opportunity to join Infineon's global startup co-innovation program in Korea or become a resident partner at the Co-Innovation Space in Singapore. This will allow them to develop and test their solutions in Singapore and Southeast Asia.



“We are facing a future dependent on game-changing solutions for green and efficient energy, smart and secure IoT, and clean and safe mobility. Today’s announcement of a larger Co-Innovation Space and our partnership with KOSME reaffirms our commitment to shaping a sustainable future with our ecosystem.” - CS Chua, President and Managing Director, Infineon Technologies Asia Pacific.

Infineon Co-Innovation Space was launched in 2018 and is an integral component of Infineon's worldwide startup co-innovation initiative. Its primary objective is to assist startups in their product development endeavors by offering semiconductor technology assistance, guidance, and mentorship.


The Singapore-based Co-innovation Space is the sole location equipped with a dedicated workspace, enabling startups to participate in a comprehensive 12-month program in collaboration with Infineon. Through this program, startups gain access to Infineon's extensive ecosystem, comprising customers and business partners across various countries where Infineon operates.



Infineon has made Singapore its Asia Pacific base for more than 50 years, investing S$700 million over the past decade. Singapore is 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.


About OktoberTech™

OktoberTech™ is Infineon’s global event format, aimed at demonstrating how

future technology can drive decarbonization and digitalization. Hosted in areas

with vibrant innovation ecosystems, OktoberTech™ brings together customers,

startups, business leaders and experts.


About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and

IoT. Infineon drives decarbonization and digitalization with its products and

solutions. The company has around 56,200 employees worldwide and generated

revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September).

Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the

USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Further information is available at www.infineon.com.


Contact

Infineon Technologies Asia Pacific

 

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