Business Loongson, ARM, Intel eye up IoT
2013/12/02ARM Nandan Nayampally
China needs an ecosystem to support IoT, the chief architect of China’s Loongson microprocessor, Hu Weiwu, told a conference in Suzhou, China last week, reports Digitimes.
“The IT industry of China is big but very weak,” said Hu Weieu, “the 10 trillion RMB ($1.6trn) IT industry revenue only produces 3%~5% profit, and the total profit of the top 100 IT companies in China has only 40% of the profit of one company in the US (Apple).”
The answer for China, said Hu Weiwu, is building an ecosystem. China, he said, needs to build “a unified technology platform and commercial ecosystem for IoT in China.”
ARM’s Nandan Nayampally, told the conference: “Enabling ecosystems that drive innovation is a critical part of what ARM does.”
Nayampally pointed out: “8.7 billion ARM processors were shipped in 2012. As sensors will be pervasive in the new IoT era, it is estimated the cumulative shipment of ARM processors will reach 150 billion by 2020. We are just at the beginning of the revolution.”
Intel’s Jim Robertson told the conference that Intel had established an “IoT Solutions Group”.
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