Internet of Things (IOT) and integrated circuits have become one of the key industries in Jiading district of Shanghai, according to Gao Yun, head of the district, at the China International Internet of Things Conference on June 29.
The annual conference is aimed at providing a platform for entrepreneurs, business elites, and experts to exchange their ideas about IOT.
Gao noted that Jiading, with its rich resources in design, research and development and capital, will be dedicated to establishing a world-class research and development center for processor chips and sensors, as well as promoting the application of new information technologies like IOT and cloud computing.
Jiading has recently embarked on a raft of goals to improve its development in advanced IT. The district is building an IOT public service platform, four or more tech incubators, more than six technological innovation strategic alliances and three R&D centers, nurturing ten 10 integrated circuits enterprises, bringing in more than 80 enterprises covering the whole industry chain, and trying to get a sales volume of 8.5 billion yuan ($1.3 billion) for the whole industry chain.