Infineon Expands U.S.-based IoT Security Research and Development Programs

Initiatives include new U.S.-based Security Research Group and three-year strategic partnership with Carnegie Mellon University’s CyLab Security and Privacy Institute

Munich, Germany, and Milpitas, USA – 17 September 2018 – With a global need to reinforce the security of connected devices that are designed to work without regular human interaction as part of the Internet of Things (IoT), semiconductor-based security pioneer Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced a new development initiative in Silicon Valley and a corporate partnership with the CyLab Security and Privacy Institute at Carnegie Mellon University. The new Security Research Group, part of the company’s Silicon Valley Innovation Center (SVIC) in Milpitas, California, will help to identify and address requirements for robust, reliable security solutions that users can trust. In its new partnership with Carnegie Mellon, Infineon is a founding sponsor of CyLab’s recently launched “Secure and Private IoT Initiative.” The Security Research Group will focus on next-generation security solutions that deliver ease of use and interoperability to serve a wide range of applications and emerging use cases for all connected devices. This ranges from innovations in smart cards, identity documents and computer security, to methods for securing connected devices used in smart homes, Industry 4.0, smart cities and autonomous transportation. The group will complement existing SVIC teams now working on key projects for the automotive and artificial intelligence (AI) markets. “Securing electronic devices and infrastructures has been a top priority for Infineon for over 30 years. As the U.S. leads the world in IoT innovation, it is important that we support American-driven efforts both with our own regional R&D activities and with partners who share similar commitments,” said Robert LeFort, President of Infineon Americas. Infineon’s three-year strategic partnership with the CyLab Security and Privacy Institute at Carnegie Mellon reflects the value of collaboration in addressing security in the digital age. CyLab, one of the largest university-based cybersecurity research and education centers in the world, launched its “Secure and Private IoT Initiative” as a multi-year project that aims to develop novel software, tools, methods and models to protect networks and devices. The initiative addresses risks associated with attacks on the electronic systems that comprise the IoT, which can expose confidential information such as know-how, intellectual property, customer data and process intelligence. Such attacks also can interrupt operations, compromise business continuity and even endanger a company’s brand image, success and very existence. “We are delighted to welcome Infineon as a valued strategic partner and sponsor of this groundbreaking research initiative here at CMU,” said Professor Douglas Sicker, Interim Director of CyLab. “Infineon is an industry leader in semiconductor-based security solutions and we look forward to their support and collaboration.” One focus area of the Secure and Private IoT initiative will target large, city-scale IoT ecosystems that have heterogeneous, long-lived devices mixed with new infrastructure. Additionally, prototypes will be tested in a living lab that is reflective of system-wide and cross-layer challenges and industry vetted for realism. The work with CyLab is one of several Infineon collaborations in strategic research initiatives with US partners. Others include projects with the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) and North Carolina State University’s PowerAmerica Institute.

About Infineon Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2017 fiscal year (ending 30 September), the Company reported sales of around €7.1 billion with about 37,500 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Follow us: Twitter – Facebook - LinkedIn