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Hp, Foxconn Launch Cloud Server Joint Venture | Reuters

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company Credit: Reuters/Pichi Chuang (Reuters) - Hewlett-Packard Co and Taiwanese contract electronics manufacturer Foxconn Technology Group launched a joint venture to make servers aimed at companies which provide cloud computing services. The new cloud-optimized servers will help service providers to cut costs, the companies said in a statement. Foxconn is the parent company for Hon Hai Precision Industry Co Ltd, the world's largest electronics contract manufacturer. (Reporting by Soham Chatterjee; Editing by Joyjeet Das) FILED UNDER:
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2014/04/30/us-hp-foxconn-jv-idUSBREA3T0ED20140430?feedType=RSS

HP joins with Foxconn to build low-cost cloud servers | PCWorld

Traditional server vendors like HP and IBM have had mixed results selling to those companies, who increasingly buy direct from Asian contract manufacturers like Quanta and Wistron, which are better set up for low-cost production. HP hopes to tap into that low-cost model by tightening its partnership with Foxconn, one of the biggest contract manufacturers that already manufactures some of HPs ProLiant servers, as well as TVs, PCs, phones, tablets and servers for numerous vendors. One industry analyst saw the move as way for HP to keep Foxconn as an ally instead of seeing it become a threat. Foxconn is gaining expertise as a server maker in its own right, and it reportedly wants a bigger piece of that business, which could be more profitable for it than consumer electronics.
For the original version including any supplementary images or video, visit http://www.pcworld.com/article/2149800/hp-joins-with-foxconn-to-build-lowcost-cloud-servers.html

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