Infineon led a $15 million funding round in Bristol-based Xmos, which develops sophisticated voice processors and algorithms. The market for voice-controlled devices “is a strategic growth area for Infineon,” Urschitz said in a phone interview. And it’s not just the Amazon Echo, Google Home, or Apple’s yet-to-be released HomePod that will drive demand for these chips. Chips are even set to make their way into furniture – think voice-controlled beds, Xmos Chief Executive Officer Mark Lippett said. Infineon didn’t disclose the size of its Xmos stake, calling it a strategic minority investment.

Source: Indian Express September 08, 2017 12:00 UTC