Foxconn Electronics (Hon Hai Precision Industry) and Hewlett-Packard (HP) will establish a joint venture specifically for producing servers for cloud computing and offering related supporting services, according to Foxconn.
The partnership reflects innovation in HP's server business model through combining Foxconn's R&D capability and manufacturing expertise, with HP's market leadership in cloud computing products and related services to enable both companies to offer cloud computing solutions which will change existing market game-playing rules, HP CEO Meg Whitman said.
Development of cloud computing has thoroughly changed the global server supply chain, for suppliers should be able to provide total solutions with design capability to respond to clients' demand and ability for global production, shipment and complete after-sale services, Foxconn president Terry Guo indicated.
The partnership came into effect on May 1, but Foxconn did not reveal details about the joint venture.