Quanta Cloud Technology (QCT, 雲達) has reached a strategic cooperation deal with Chinac.com (華雲資料), a Wuxi, China-based provider of cloud-computing services, as it eyes more business opportunities in China.
Quanta Computer Inc’s (廣達) data center solution subsidiary on Monday said it plans to team up with the Chinese firm to codevelop next-generation information technology and hyper-converged products.
QCT, established in 2007, provides data center solutions including servers, storage equipment, network switches, integrated rack systems and cloud solutions, while Chinac was founded in 2010 to offer information technology solutions and outsourcing services.
The Chinese-language Economic Daily News quoted QCT president Mike Yang (楊晴華), who is also a Quanta senior vice president, as saying that QCT has a positive outlook for its server business, which is expected to maintain double-digit percentage growth this year.
QCT over the past few years mostly paid attention to the US market and global tier-one enterprise clients, but it would this year start to also focus on Europe and China, as well as tier-two enterprise clients, Yang was quoted as saying.
Facebook Inc, Alphabet Inc’s Google and Microsoft Corp are among the company’s hyperscale infrastructure clients.
Quanta’s shipments of cloud-connected products, including wearables, are forecast to increase by double-digit percentage points this year to become one of the firm’s major growth drivers, Jih Sun Securities Investment Consulting Co (日盛投顧) analyst Simon Lu (呂金源) said in a note on Tuesday.
Quanta’s sales for the whole of this year are forecast to grow 0.6 percent year-on-year to NT$1.27 trillion (US$43.29 billion), with net profit rising 8.8 percent to NT$15.65 billion, or earnings per share of NT$4.05, Lu said.
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”
Thousands of parents in Singapore are furious after a Cordlife Group Ltd (康盛人生集團), a major operator of cord blood banks in Asia, irreparably damaged their children’s samples through improper handling, with some now pursuing legal action. The ongoing case, one of the worst to hit the largely untested industry, has renewed concerns over companies marketing themselves to anxious parents with mostly unproven assurances. This has implications across the region, given Cordlife’s operations in Hong Kong, Macau, Indonesia, the Philippines and India. The parents paid for years to have their infants’ cord blood stored, with the understanding that the stem cells they contained
Sales in the retail, and food and beverage sectors last month continued to rise, increasing 0.7 percent and 13.6 percent respectively from a year earlier, setting record highs for the month of March, the Ministry of Economic Affairs said yesterday. Sales in the wholesale sector also grew last month by 4.6 annually, mainly due to the business opportunities for emerging applications related to artificial intelligence (AI) and high-performance computing technologies, the ministry said in a report. The ministry forecast that retail, and food and beverage sales this month would retain their growth momentum as the former would benefit from Tomb Sweeping Day