SHANGHAI, China, June 06, 2018 (GLOBE NEWSWIRE) -- NXP Semiconductors (NASDAQ:NXPI), a leading provider of IoT (Internet-of-Things) security solutions, today announced a strategic partnership agreement with Baidu Cloud. The two companies will collaborate to promote industry innovation and support developers and ecosystem partners in building safe and smart IoT applications.

As part of the partnership, NXP will support Baidu’s smart IoT platform, “Tiangong,” from cloud to IoT device security with its industry-leading Secure Element (SE) solution. With NXP SE embedded in each IoT device, Tiangong will secure edge node connections and protect data across a broad spectrum of markets including smart logistics, smart home, and smart cities. This optimized solution already has been implemented successfully in numerous applications, such as smart locks, intelligent gateways, blockchain and RFID logistics.

The two leaders will also collaborate on edge computing. NXP has already integrated Baidu Cloud’s smart edge with its EdgeScale edge computing framework running on edge compute gateways to provide integrated solutions for management on the cloud and computing on the device and gateway.

“Baidu Cloud has made great advances in AI, big data and cloud computing over the past several years in our effort to build the leading smart IoT platform and ecosystem,” said NXP Global Senior Vice President and President of Greater China, Li Zheng. “As a world-leading AI and IoT IC provider, NXP is happy to support Baidu with our well-established smart IoT solutions. We look forward to working with partners like Baidu Cloud to build a new digital, smart and secure future.”

Baidu has been at the forefront of innovation and development and collaborates with leading companies across multiple industries. Baidu chose to work with NXP for its broad end-to-end IoT solution portfolio, its strong application insights and NXP’s ability to fully meet the demanding requirements of IoT on performance, security, and efficiency.

With the rapid development of AI, everything will be connected and smart. Forward Industry Research Institute forecasts that the revenue of the AI technology industry in China will exceed RMB 150 billion by 2020, with an additional RMB 1 trillion generated in upstream and downstream industries. With its comprehensive, safe, smart and connected solutions, NXP is enabling new applications and establishing ecosystem relationships, to allow all individuals, companies, and governments to be more digital and smart. NXP’s innovations in AI and IoT have been recognized around the world, and most recently Compass Intelligence ranked NXP 3rd among global AI chipset companies.

About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has over 30,000 employees in more than 30 countries and posted revenue of $9.26 billion in 2017. Find out more at www.nxp.com.

NXP and the NXP logo are trademarks of NXP B.V. All other product or service names are the property of their respective owners. All rights reserved. © 2018 NXP B.V.

For more information, please contact: Americas Europe Greater China / Asia Tate Tran Martijn van der Linden Esther Chang Tel: +1 408-802-0602 Tel: +31 6 10914896 Tel: +886 2 8170 9990 Email:tate.tran@nxp.com Email: martijn.van.der.linden@nxp.com Email: esther.chang@nxp.com