As part of the partnership, NXP will support Baidu’s smart IoT platform, Tiangong, from cloud to IoT device security with its 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.
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.