German industrial giant Siemens opened a digital research institute in Suzhou yesterday to tap into China's smart transport and digital manufacturing markets. The institute will have seven laboratories, two of which are already operational.
One of them, a smart transport lab, develops applications that allow integrated connectivity in traffic systems. Researchers are collaborating with Changchun city government in northeast China to upgrade the city's traffic systems. The other working lab, which is an Internet security lab, provides surveillance against cyber attacks.
The other five labs will cover the fields of data, industrial robotics, Internet of things and smart equipment applications.
China contributed nearly 10 percent of Siemens' global sales last year where the group bid large on digital industrialization. Siemens will also set up an office in Shanghai next month.
