Hon Hai Precision Industry (Foxconn)
Canvas Category OEM : Computer and Electronic
Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) (TWSE: 2317) is the world’s largest electronics manufacturer. Foxconn is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. The Group has expanded not only its capabilities into the development of electric vehicles, digital health and robotics, but also three key technologies –AI, semiconductors and new-generation communications technology – which are key to driving its long-term growth strategy and the four core product pillars: Smart Consumer Electronics, Cloud and Networking, Computing Products and Components and Others. In 2021, Hon Hai‘s annual revenue reached USD 206 billion.
Assembly Line
NVIDIA Partners With Foxconn to Build Factories and Systems for the AI Industrial Revolution
Foxconn will integrate NVIDIA technology to develop a new class of data centers powering a wide range of applications — including digitalization of manufacturing and inspection workflows, development of AI-powered electric vehicle and robotics platforms, and a growing number of language-based generative AI services.
Working closely with NVIDIA, Foxconn is expected to build a large number of systems based on NVIDIA CPUs, GPUs and networking for its global customer base, which is looking to create and operate their own AI factories, optimized with NVIDIA AI Enterprise software. Among the key NVIDIA technologies Foxconn is using to create these custom designs are NVIDIA HGX™ reference designs featuring eight NVIDIA H100 Tensor Core GPUs per system, NVIDIA GH200 Superchips, NVIDIA OVX™ reference designs and NVIDIA networking. With these systems, Foxconn customers can leverage NVIDIA accelerated computing to deliver generative AI services as well as use simulation to speed up the training of autonomous machines, including industrial robots and self-driving cars.
🚀 Ramon.Space Raises $26M to Fuel the New Era of Space Computing Infrastructure
Ramon.Space, a leader in space-resilient computing infrastructure, announced that it has raised $26M in funding from Ingrasys, a subsidiary of Foxconn Technology Group and the world’s largest manufacturer of server and storage platforms, and the Strategic Development Fund (SDF), an Abu Dhabi-based strategic investment firm, with additional participation from existing investors, Grove Ventures, Deep Insight and UMC Capital. The investment from Ingrasys follows the recently announced strategic agreement to manufacture Ramon.Space’s computing products globally. The newly secured funding will enable Ramon.Space to grow the organization and continue to commercialize its space-resilient computing platform, reach new markets, and solidify its global presence in response to the surge in demand for advanced computing solutions in space.
World’s Leading Electronics Manufacturers Adopt NVIDIA Generative AI and Omniverse to Digitalize State-of-the-Art Factories
More than 50 manufacturing giants and industrial automation providers — including Foxconn Industrial Internet, Pegatron, Quanta, Siemens and Wistron — are implementing Metropolis for Factories, NVIDIA founder and CEO Jensen Huang announced during his keynote address at the COMPUTEX technology conference in Taipei.
Supported by an expansive partner network, the workflow helps manufacturers plan, build, operate and optimize their factories with an array of NVIDIA technologies. These include NVIDIA Omniverse™, which connects top computer-aided design apps, as well as APIs and cutting-edge frameworks for generative AI; the NVIDIA Isaac Sim™ application for simulating and testing robots; and the NVIDIA Metropolis vision AI framework, now enabled for automated optical inspection. NVIDIA Metropolis for Factories is a collection of factory automation workflows that enables industrial technology companies and manufacturers to develop, deploy and manage customized quality-control systems that offer a competitive advantage.
Foxconn aims to supply nearly half of world’s EVs
The world’s largest contract electronics manufacturer has cornered 40-45 per cent of the world’s information and communications technology market, especially in personal computers and mobile phones, Foxconn chief executive Liu Young-way told reporters. “Hopefully we can achieve the same […] as in the ICT industry,” Liu said of the EV market.
Global Lighthouse Network: Unlocking Sustainability through Fourth Industrial Revolution Technologies
The Global Lighthouse Network is a community of production sites and other facilities that are world leaders in the adoption and integration of the cutting-edge technologies of the Fourth Industrial Revolution (4IR). Lighthouses apply 4IR technologies such as artificial intelligence, 3D-printing and big data analytics to maximize efficiency and competitiveness at scale, transform business models and drive economic growth, while augmenting the workforce, protecting the environment and contributing to a learning journey for all-sized manufacturers across all geographies and industries.
From apple juice to antibiotics: Coronavirus epidemic could cause U.S. shortages
The toll of the ongoing coronavirus epidemic in human life is already devastating enough. But as quarantines continue in China, it looks like the global economic impact of the virus could be incredibly destructive too.
China is a manufacturing superpower, supplying both critical equipment and items of convenience. With some of the country’s citizens unable to report to work and exports curtailed, there are already shortages that have some companies worried.