HONG KONG, July 9, 2017 /PRNewswire/ -- Cogobuy Group
("Cogobuy" or the "Company," stock code: 400.HK), the largest
e-commerce platform serving the electronics manufacturing industry
in China, is pleased to announce
that INGDAN.com, has achieved a milestone in its collaboration with
Intel (NASDAQ: INTC) to build a robotics innovation ecosystem.
INGDAN.com's supply chain ecosystem has allowed it to consolidate
core module suppliers for the robotics industry, and by providing
one-stop support to robotics companies, especially in intelligent
modeling and core components, the Company has created a complete
robotics ecosystem. In the past twelve months, the Company has
engaged and supported 136 AI and robotics companies, assisting them
from concept-to-manufacturing, and even identifying a number of
promising ventures among them.
Last July, INGDAN.com and Intel teamed up to create a robotics
innovation ecosystem, aimed at promoting technological advancement
of the industry, incubation, and professional operations. Founding
the first ever "Robotics Innovation Center" in Shanghai, as well as INGDAN.com's new closed
ecosystem for resource matching and sharing, strengthened the
Company's leading position in the robotics industry -- namely
product design, manufacturing, and financing. The ecosystem
currently accommodates more than 1,000 robotics companies and 300
upstream suppliers, reached the Company's expectations.
Cogobuy's partnership with Intel was also formed to boost
development in the industry. The Company hosted the Intel AI and
Robotics Innovative Ecosystem Forum, and a robotics competition, on
July 6. The event focused on the
future of AI and robotics boom, and showcased Cogobuy's leading
position in the robotics ecosystem alliance. Many AI and robotics
industry experts, promising company founders, government officials,
market leaders, and investors participated in the event. We also
witnessed the rise of promising teams in the competition securing
growth momentum for the industry.
Mr. Jeffrey Kang, CEO of
Cogobuy Group, said: "After recent
calls by Chinese government for a robotics revolution,
China's
robotics industry is booming. According to the latest
forecast from the International Data Corporation (IDC),
China will more than double its
spending on robotics and related services, from $24.6 billion in 2016 to $59.4 billion in 2020.
Our partnership with Intel to promote robotics innovation will
facilitate the industry's overall efficiency and help more
companies manufacture their designs. We are proud to have achieved
the establishment of the new robotics ecosystem, and together with
Intel, we plan to make it the most cost-effective one in
China."
About Cogobuy Group
Cogobuy Group is the
largest e-commerce service platform serving the electronics
manufacturing industry in China.
Through the e-commerce platform, which includes a direct sales
platform, an online marketplace, and a dedicated team of technical
consultants and professional sales representatives, the Company
provides customers with comprehensive online and offline services
across pre-sale, sale and post-sale stages. The Company serves
mainly SME electronics manufacturers.
For further information, please refer to the Company's website
at http://www.cogobuy.com/
About INGDAN.com
INGDAN.com is a platform dedicated to
connecting global intelligent hardware entrepreneurs and
China-based supply chain
resources. The platform provides information on hardware
innovation, supply chain data and supply chain demand docking for
global IoT innovators and entrepreneurs. It is a one-stop hardware
innovation business platform with its core being the "supply
chain."
For further information, please refer to the Company's website
at http://www.ingdan.com/
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SOURCE Cogobuy Group