Russell cited research report pointed out that the Internet of things will drive the next wave of semiconductor market growth, by 2020 the world will have 50 billion IP networking nodes, and growth potential. These networking devices in automotive related applications accounted for the largest, 55%, followed by family/building applications with 29%.

Put that thou gavest them mentally pu semiconductor vice President of greater China marketing AndrewC. Russell Russell. Now, he thought, many hardware technology are already in place, but IoT can really create revenue also depends on the maturity of the ecosystem and popularization, the application can now only have the basic network provides a progress to the IoT cloud services, as well as the ability to independently collect data, analyze and control the complete IoT systems applications.

IoT is now in the bud, the future will be able to permeate from monitoring, medical, positioning and tracking, finance, security, automatic control and service and other areas. For semiconductor and software industry, this will bring many decades of vigorous development prospects, especially in the IoT transceiver module, application boards and development tools, embedded application software, the cloud service and network applications, and data analysis and so on demand, will be very strong.

In the extensive application of Internet of things, NXP will be the first to focus on promoting the development of intelligent lighting. Russell explained that although the energy demand, driven by lighting has been in recent years from incandescent light bulbs to CFLS and leds transfer gradually, but in order to further save energy, must also transfer toward the intelligent lighting is possible.