HP, Foxconn launch joint venture on cloud servers



TAIPEI — U.S.-based PC maker Hewlett-Packard Co. and Taiwan’s Foxconn (富士康) Technology Group on Wednesday announced a joint venture agreement that is aimed at creating a new line of cloud-optimized servers specifically for service providers.

The new product line will address the computing requirements of the world’s largest service providers by delivering low cost ownership, service and support, Foxconn said in an e-mailed statement.

The line will complement HP’s existing ProLiant server portfolio, including Moonshot, said Foxconn, the world’s largest contract electronics maker.

The non-equity joint venture, in the form of a strategic commercial agreement, will take effect May 1.

Details on pricing and availability of products will be announced at a later date, according to Foxconn.

“Cloud computing is radically changing the entire supply chain for the server market as customers place new demands on the breadth of design capability, value-oriented solutions and large-scale and global manufacturing capabilities,” Terry Gou (郭台銘) said.