Infineon Technologies to make Singapore a global AI hub

The firm has a budget of around $27m for AI-driven projects.

German semiconductor solutions provider Infineon Technologies has marked its 50th year in Singapore by revealing its plans to make the country its global artificial intelligence (AI) hub by 2023.

Over 1,000 of the firm’s employees will undergo upskilling to be capable of deploying AI solutions for all business functions. Moreover, 25 unique AI projects covering many activities in Singapore will be launched.

Infineon Technologies will also tap on semiconductor, electronics, and innovation ecosystems in Singapore via collaborations with SGInnovate, local startups, institutes of higher learning, as well as research institutions on new AI solutions. Moreover, the firm aims to partner with NUS-ISS and AI Singapore to offer AI courses and certifications.

Meanwhile, “internally, Infineon will focus on inculcating a digital growth mindset among its staff by encouraging behavioural changes through habit changing nudges and enabling leaders to drive augmented performance,” the firm added.

“To help our employees on this digital transformation, we will be helping our staff to develop a digital mindset and driving training programs while creating exciting opportunities and AI solutions with our ecosystem that benefit individuals and industries in Singapore and around the world,” said Chua Chee Seong, president and managing director of Infineon Technologies Asia Pacific.

The company has a budget of more than $27m to prepare for a future driven by AI, to cover infrastructure, AI projects, employee reskilling, as well as collaborations with ecosystem partners.