Complete cloud-based ecosystem removes development obstacles for IoT device OEMs through trusted partners and state-of-the-art building blocks
Avnet Asia Pte Ltd today 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 companies announced the alliance, which brings together two established sources of technology innovation, on stage today during Alibaba’s Apsara Conference in Hangzhou’s Cloud Town. One of the first products offered through the new Chinese Super Store will be the Alibaba Cloud-enabled Raspberry Pi 3 Model B/B+ computer.
Fiscal year sales rose 3%, SG&A expenses were reduced by $117 million, or 6%, and cash flow from continuing operations totaled $591 million