[ET Net News Agency, 13 July 2018] Cogobuy Group (00400) said its AIoT (artificial
intelligence and internet of things) business service platform IngDan.com has invested in
GIPP Co. Ltd., a joint venture company of InfoDeliver and globally renounced Japanese
electronics manufacturer - Sony.
The joint venture will be responsible for the overseas management and operation of about
a hundred thousand patents from over ten top-tier Japanese technology companies and
providing business development advisory based on IngDan's ample industry resources.
IngDan has been introducing core AI technologies and chips from China and abroad to
create its robust AloT ecosystem and supporting innovative projects in China.
In recent years, the Japanese government has vigorously promoted AIoT; in March 2017,
Japan's Ministry of Economy, Trade and Industry launched the Connected Industries Concept
to promote the integration of manufacturing, robotics and big data and accelerate the
development of smart industries.
IngDan has also worked with many Japanese companies with cutting-edge technologies.
Through the joint venture, IngDan will introduce those companies' technologies, from
materials, chips, robots and smart cars etc., into the IngDan AIoT business service
platform and to China, and to further enrich ecosystem resources, and promote Chinese
enterprises in emerging industries. (KL)