“China is setting the pace for technologies and solutions in many areas that address future trends, and we see tremendous potential here
to engage with different innovation partners,” said Holly Lei, President
of Covestro China. “With the Open Innovation concept we take a step
forward in implementing our ‘in China, for the world’ innovation
strategy.”
The Open Innovation concept will support experts and partners with an infrastructure to work on five important pillars, for example in
engaging with designers, start-ups and established customers to explore
potential aesthetic and circular design of products.
The new approach enables experts to reach out into the ecosystems to find partners for sustainability topics and circular economy, and helps
to build networks for industries and applications where Chinese
developments take a leading role such as mobility, robotics,
bio-materials and drones.
“We will bundle our open innovation activities under one umbrella now,” said Dr Michael Schmidt, Head of Innovation, Covestro, Asia
Pacific. “We strive for a close and intense collaboration with our
partners from all kind of industries with the goal to build a leading
innovation ecosystem for our customers.”
Covestro has been active in connecting with start-ups, academia such as Tongji University and cross-industry partners even before
implementing a branded open innovation concept in China.Covestro showed
its materials for 5G at this year’s K Fair from October 16–23 in
Düsseldorf, Germany. The materials are in fact a teamwork fruit, which
is benefiting from Covestro’s open innovation concept.
As 5G is going to become the basis for a fully mobile and networked society, it is a key technology for the digitalization of all areas of
life and the economy.The new technology enables close networking of
devices such as cell phones, tablets, vehicles, household appliances,
industrial plants and many others to form an Internet of Things (IoT).
With the installation of 5G, the demand for base stations, active antenna units (AAU) and other equipment will increase dramatically.
Covestro is developing innovative and sustainable material solutions and
contributing to a smart infrastructure, including sensor technologies
and a digital communication environment.China is leading in 5G network
deployment. Covestro’s global 5G team is working with Southeast
University of China on the optimization of radio frequency data
transmittance.
