Now, Apple Supplier Foxconn Plans Making AI Servers In India

Share via:


SUMMARY

ET reported that Foxconn will likely use its existing manufacturing facilities in Tamil Nadu to manufacture AI servers in the country

It is pertinent to note that Foxconn plays a key role in building AI servers for global technology giants such as Amazon, Google, Microsoft and Nvidia

The development comes at a time when Apple supplier and Foxconn subsidiary Rayprus Technologies is looking to venture into the Indian market with a facility in Bengaluru

Aligning with its broader strategy to diversify beyond phones, Apple supplier Foxconn is now reportedly planning to manufacture artificial intelligence servers at its facilities in India.

Citing people close to the matter, ET reported that Foxconn will likely use its existing manufacturing facilities in Tamil Nadu to manufacture AI servers in the country.

“They (Foxconn) can make pretty much anything since they are contract manufacturers, it could be phones, servers, or EV components. They are very nimble that way and currently servers are what they are bullish about,” a source was quoted as saying by the publication.

It is pertinent to note that Foxconn plays a key role in building AI servers for global technology giants such as Amazon, Google, Microsoft and Nvidia.

The development comes at a time when Apple supplier and Foxconn subsidiary Rayprus Technologies is looking to venture into the Indian market with a facility in Bengaluru.

The Taiwan-based company, responsible for assembling approximately 70% of iPhones and holding the title of the world’s largest contract manufacturer, is strategically shifting its production away from China due to disruptions caused by COVID-19 and geopolitical tensions. 

Over the past year, Foxconn has significantly expanded its footprint in India, making substantial investments in manufacturing facilities in the southern part of the country.

Earlier this week, the Ministry of Labour and Employment sought a detailed report from the Tamil Nadu government after an investigative report alleged that Foxconn has discriminatory hiring practices at its iPhone plant in the state’s facility. 

The ministry noted that the allegations, if true, would be a clear violation of the Section 5 of the Equal Remuneration Act, 1976. The provision stipulates no discrimination in recruitment on the basis of gender. 

Last year, Google also revealed its plan to manufacture Pixel smartphones in partnership with Foxconn’s Indian subsidiary and expects these devices to be out in the market in 2024.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Now, Apple Supplier Foxconn Plans Making AI Servers In India


SUMMARY

ET reported that Foxconn will likely use its existing manufacturing facilities in Tamil Nadu to manufacture AI servers in the country

It is pertinent to note that Foxconn plays a key role in building AI servers for global technology giants such as Amazon, Google, Microsoft and Nvidia

The development comes at a time when Apple supplier and Foxconn subsidiary Rayprus Technologies is looking to venture into the Indian market with a facility in Bengaluru

Aligning with its broader strategy to diversify beyond phones, Apple supplier Foxconn is now reportedly planning to manufacture artificial intelligence servers at its facilities in India.

Citing people close to the matter, ET reported that Foxconn will likely use its existing manufacturing facilities in Tamil Nadu to manufacture AI servers in the country.

“They (Foxconn) can make pretty much anything since they are contract manufacturers, it could be phones, servers, or EV components. They are very nimble that way and currently servers are what they are bullish about,” a source was quoted as saying by the publication.

It is pertinent to note that Foxconn plays a key role in building AI servers for global technology giants such as Amazon, Google, Microsoft and Nvidia.

The development comes at a time when Apple supplier and Foxconn subsidiary Rayprus Technologies is looking to venture into the Indian market with a facility in Bengaluru.

The Taiwan-based company, responsible for assembling approximately 70% of iPhones and holding the title of the world’s largest contract manufacturer, is strategically shifting its production away from China due to disruptions caused by COVID-19 and geopolitical tensions. 

Over the past year, Foxconn has significantly expanded its footprint in India, making substantial investments in manufacturing facilities in the southern part of the country.

Earlier this week, the Ministry of Labour and Employment sought a detailed report from the Tamil Nadu government after an investigative report alleged that Foxconn has discriminatory hiring practices at its iPhone plant in the state’s facility. 

The ministry noted that the allegations, if true, would be a clear violation of the Section 5 of the Equal Remuneration Act, 1976. The provision stipulates no discrimination in recruitment on the basis of gender. 

Last year, Google also revealed its plan to manufacture Pixel smartphones in partnership with Foxconn’s Indian subsidiary and expects these devices to be out in the market in 2024.





Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Premiumisation Emerges As Key Trend

SUMMARY Kishore Thota, director for shopping experience at Amazon...

Venture capitalists continue to play musical chairs

From Keith Rabois to Ethan Kurzweil, a lot...

InsuranceDekho Turns Profitable, Posts INR 86 Cr PAT In...

SUMMARY InsuranceDekho posted a net profit of INR 85.7...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!