Tony McFadden, Managing Director Stadium United Wireless commented: “The Shanghai RDC is an exciting move for Stadium that both strengthens our wireless capabilities and gives us access into new markets. We have recruited a highly experienced team including design engineers and field application engineers, specialized in wireless, RF and M2M technology. The RDC features a working laboratory with the necessary equipment and processes in place to deliver high quality design and test solutions.”
China is one of the fastest growing markets for IoT applications and is forecast to be the largest growth market over the next 5 years with the country set to invest 5 billion yuan ($800 million) into the IoT by 2015. The Ministry of Information and Technology estimates China’s IoT market will hit 500 billion yuan ($80.3 billion) by 2015, then double to 1 trillion yuan ($166 billion) by 2020.
Tony continued: “Stadium’s presence in China, delivered by the new RDC and the existing established manufacturing facility in Dongguan, positions the company to capitalize on a growing market opportunity and expand further into the Asia Pacific market.”
Zhangjiang Hi-Tech Park has been selected as the location for the RDC office. Zhangjiang Hi-Tech Park covers an area of 120 km² on the Pudong side of the city. It is host to a large number of industries including integrated circuits, software, biopharmaceuticals, bankcards, information security, semi-conductor illumination, cultural originality and modern agriculture etc. A significant number of multinationals also have their research and development centres located on this Hi-Tech park (i.e. Infineon, GE, Honeywell, DUPONT, Lenovo, HP etc.). The talent pool in Zhangjiang Hi-Tech Park for electronics engineering and related skills is the best in Asia with a vast pool of experienced skilled doctorates and graduates.
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