Foxconn, world’s leading manufacturer of computer components and systems is establishing joint venture with Hewlett-Packard (HP) exclusively to manufacture servers for cloud computing and offering related supporting services.The partnership came into effect on May 1, 2014.
Terry Guo, President at Foxconn 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 client’s demand and ability for global production, shipment and complete after-sale services.”
Meg Whitman, CEO at HP said, “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.”
