Startup 'Nucode', which provides Internet of Things (IoT) modules and services, announced on the 20th that it will collaborate with TE Connectivity to develop and research ultra-compact, low-power IoT modules and engage in strategic sales cooperation. TE Connectivity is a U.S.-based global company headquartered in Switzerland, with its Korean subsidiary named Tyco AMP.
The signing ceremony for the Non-Disclosure Agreement (NDA) and Memorandum of Understanding (MOU) held by the two companies was attended by Lee Gyu-cheol, Executive Director of Tyco AMP, Moon In-hyuk, Director, and Lee Kwan-hyung, CEO of Nucode.
Through this agreement, the two companies expect to develop various modules tailored to market demand and provide materials, components, and design environments to bridge the technology and infrastructure gap in the global hardware market.
CEO Lee stated, "Based on this agreement, we will build a fine-tuning AI-based workspace through ongoing research," adding, "We also plan to provide a development environment for modules that are easy to develop, even for junior developers."
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