The world leading Smart Home and Internet of Things (IoT) semiconductor company commits to Indian market to better support service providers and developers of Smart Home solutions
Utrecht, Netherlands – GreenPeak Technologies, the leading low power RF-semiconductor company, today announced that, as part of its ongoing expansion into international markets and following a period of significant growth in India, it opened a new office in Mumbai. GreenPeak has established the Indian office in response to the growing demand for its innovative RF chips for the operator/service provider and Smart Home market. GreenPeak’s Asia Pacific presence already includes offices in Hong Kong, Beijing, and Seoul.
The market report from Deloitte on Technology, Media & Telecommunications India Predictions, states that “India has a large base of 500 million internet capable devices and also has a large and growing market for home appliances and devices which are or could be web-enabled. Deloitte believes that India could be a test market for many relevant IoT applications.”
This offers tremendous market potential for consumer electronics goods manufacturers who are developing exciting new Smart Home and electronic life style solutions in a highly competitive marketplace. Because of its expertise, GreenPeak is a key partner in building those Smart Home, IoT and life style solutions. GreenPeak is currently already rolling out a Senior Life style System in China, which enables seniors to feel safe and live at home independently longer.
“This new office reflects GreenPeak’s continued commitment to the Indian market and ensures that we have local resources in place for our planned growth over the next few years. India is a key market in our global strategy. The new India office strengthens our commitment to support our fast growing customer base in that region,” says Cees Links, Founder and CEO of GreenPeak Technologies. “Having our expertise and resources locally available in India also enables us to better support our customers to leverage Smart Home, Senior and Family Life Style solutions and will also help the IoT to become more widespread and economical to implement.”