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Teco and Foxconn partner for data center business
Teco Electric and Machinery specializes in the manufacture of electric motors. It has also delivered over 700MW of data center projects in Southeast Asia. Foxconn, officially known as Hon Hai Technology Group, is a contract manufacturer specializing in electronics and IT products. It is a major manufacturer of servers.
TECO Electric & Machinery and Hon Hai Technology Group (Foxconn) Announce Strategic Alliance Targeting AI Data Center Capabilities
TECO Electric & Machinery Co Ltd ("TECO") (TWSE:1504) and Hon Hai Technology Group ("Foxconn") held a major press conference today (30th) at the Taiwan Stock Exchange to announce a strategic alliance through a board-approved share exchange.
Foxconn and Teco Electric and Machinery unveiled a strategic alliance on July 30 via a share swap, combining their expertise ...
Foxconn said it will take a 10% stake in TECO as part of a share swap and will focus on building data centers around the ...
Foxconn has entered into a strategic alliance with TECO to accelerate development of global artificial intelligence data ...
Foxconn has formed a strategic alliance with Teco Electric and Machinery via a share swap, merging capabilities in ICT and electromechanical engineering. The collaboration targets the fast-growing ...
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