Panasonic R&D Center Singapore Renewed MoU with IPI Singapore to Accelerate Open Innovation
Panasonic Holdings Corporation joined as a key partner in driving
AI and digital transformation initiatives
On October 30, 2025, Panasonic R&D Center Singapore and Panasonic Holdings Corporation (its Headquarters in Japan) renewed their Memorandum of Understanding (MoU) with IPI Singapore; to further strengthen their strategic partnership in promoting open innovation, supporting local businesses in their innovation journey and accelerating business development across the Panasonic Group.
The signing ceremony was held at TechInnovation 2025 (October 29-31, Singapore), in the presence of Mr. Alvin Tan, Minister of State for National Development and Trade and Industry, and Mr. Ishikawa Hiroshi, Ambassador Extraordinary and Plenipotentiary of Japan to Singapore - highlighting the significance of the partnership between Japan and Singapore.
Signing ceremony of the Memorandum of Understanding. Back row (left to right): Minister of State for National
Development and Trade and Industry, Mr. Alvin Tan; IPI Chairman, Mr. Tan Soon Kim. Front row (left to right):
Panasonic R&D Center Singapore Managing Director, Mr. Ando Takeshi; IPI CEO, Mr. Michael Goh.
This strategic move came about after Panasonic’s successful engagement with IPI’s open innovation platform, Innovation Marketplace, where the company listed 42 technologies, received 174 inquiries, and conducted 26 proof-of-concept (PoC) projects. Its eventual aim is to further translate these PoCs into real business opportunities and expand the market, as the collaboration aims to create new growth opportunities by connecting Panasonic’s advanced technologies with local startups and SMEs. The focus will spotlight on Artificial Intelligence (AI) and digital transformation, in enabling co-creation of innovative products, services, and solutions.
Dr. Ando Takeshi, Managing Director of Panasonic R&D Center Singapore, said “We are excited to strengthen our collaboration with IPI, leveraging Panasonic’s advanced technologies within Singapore’s vibrant innovation ecosystem. This partnership marks a key milestone in our shared commitment to co-create solutions that tackle real-world challenges and unlock new growth opportunities. By combining Panasonic’s expertise with IPI’s strong network of startups and SMEs, we aim to accelerate open innovation and deliver sustainable value across the region.”
Mr. Ishikawa Hiroshi, Ambassador Extraordinary and Plenipotentiary of Japan to Singapore, at Panasonic booth.
TechInnovation, organized by IPI Singapore, is an event that offers companies access to a global network of technology partners such as industry leaders, enterprising innovators, technology seekers, and solution providers such as Panasonic Group. Our company’s participation in this event also acts as a bridge between Singapore and Japan based enterprises. One of the successful initiatives, Japanese Corporates Technology Innovation Launchpad (JCTI Launchpad), was originally conceptualized through a joint effort under the MoU two years ago, has now evolved with concrete activities progressing steadily.
Related Links:
• IPI Singapore
https://www.ipi-singapore.org/
• Panasonic Holdings Corporation
https://holdings.panasonic/global/
• Panasonic R&D Center Singapore
https://research.sg.panasonic.com/
• Japanese Corporates Technology Innovation(JCTI) Launchpad
https://www.linkedin.com/company/jcti-launchpad/