Apple supplier Foxconn partners with industrial motor maker Teco to build AI data centres
Apple 's main
iPhone assembler, as it taps opportunities in the
artificial intelligence infrastructure market, from supplying AI server racks to data centre businesses.
Under the deal, Foxconn will hold a 10 per cent stake in Teco, which will hold about 0.519 per cent of Foxconn, the firms said.
At a press conference, they said the partnership's target market extends beyond Taiwan and Asia to the
US and the
Middle East
The companies aim to accelerate global data centre development by combining Foxconn's expertise in servers, cooling systems and uninterruptible power supplies with Teco's experience in data centre power infrastructure, they said.
02:38
Apple supplier Foxconn to build 'AI factories' using US hardware leader Nvidia's chips and software
Apple supplier Foxconn to build 'AI factories' using US hardware leader Nvidia's chips and software
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