Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced an alliance with ShanghaiTech University to bring enhanced Wi-Fi infrastructure to Shanghai and to accelerate product development for the rapidly growing Internet of Things (IoT) market. The Alliance Signing Ceremony was held at the Broadcom Asia Media Summit in Shanghai on March 19.
Based on a combined interest, Broadcom and ShanghaiTech University will collaborate on a joint "Wi-Fi City" program and establish an IoT Joint Innovation Center (JIC).