Netronix Enters into License Agreement Wuxi DSP for Market Development and Commercialization
January 29, 2018 at 01:00 pm
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Netronix, Inc. & Wuxi DSP Technologies Inc., jointly announced entering into a license agreement pertaining to the market development and commercialization of a first in its kind processor combining IoT + AI to create a more efficient connected world. The collaboration lays the groundwork for new system applications in smart-homes, smart-cities, self-driving cars, and anything connected by the Internet. Unlike microprocessors, each low-cost small form factor chip processor has 3-DSP cores, enabling quicker & heightened computational power in the field and embedded with Netronix’s IoT package, boasts optimized cloud-use, enabling any device to become smarter and part of IoT. The solution addresses the industry-wide need for more affordable IoT solutions with edge-processing, AI and the utmost security throughout all layers of the network. The results are affordable devices and services with more functionality, renewed buyer confidence, & a secure Internet of things market.
NETRONIX, INC. is a Taiwan-based company principally engaged in the design, manufacture, processing and distribution of electronic readers. The Company mainly operates through three business segments. The Consumer Electronics segment is mainly engaged in the manufacture and sales of e-books, networking products and industrial computers. The Loudspeakers segment is mainly engaged in the manufacture and sales of loudspeakers. The Others segment is mainly engaged in the general processing and promotion businesses. The Company is also involved in the trading of industrial personal computers (IPCs), point-of-sale (POS) terminal equipment and advertisement displays. The Company mainly distributes its products to Europe, Asia and the Americas.