Foxconn Technology Group’s (富士康) Singapore unit has sued Creative Technology Ltd for failing to pay US$500,576 for supplies and services that Foxconn, the world’s biggest contract manufacturer of electronics, said it provided.
Foxconn Singapore Pte said Creative, the maker of the Zen music player and Ziio tablet computer, repeatedly failed to make payment and did not give any “substantive” reason for its refusal, according to a Sept. 8 lawsuit filed with the Singapore High Court. A hearing is scheduled for Dec. 3.
Foxconn is not entitled to any payments because there are no contracts with either Foxconn or its flagship Hon Hai Precision Industry Co (鴻海精密), Creative claimed in court papers.
Foxconn refused Creative’s request for a discount on the fees, according to court papers. Foxconn, controlled by Taiwan’s richest man Terry Gou (郭台銘), in September cut its long-term growth target by 50 percent after raising wages and accelerating factory relocation plans in China.
Edmund Ding (丁祈安), spokesman for Taipei-based Hon Hai declined to immediately comment on the lawsuit. Creative spokeswoman Wynne Leong could not immediately be reached for comment.
Shares in Creative Technology fell 0.5 percent to USS$4.01 as of 3:12pm in Singapore trading, extending their decline this year to 38 percent. The company reported a US$3.6 million loss in the fiscal first quarter that ended on Sept. 30, widening from a US$1.04 million deficit a year earlier.
Hon Hai Precision Industry Co (鴻海精密) yesterday said that its research institute has launched its first advanced artificial intelligence (AI) large language model (LLM) using traditional Chinese, with technology assistance from Nvidia Corp. Hon Hai, also known as Foxconn Technology Group (富士康科技集團), said the LLM, FoxBrain, is expected to improve its data analysis capabilities for smart manufacturing, and electric vehicle and smart city development. An LLM is a type of AI trained on vast amounts of text data and uses deep learning techniques, particularly neural networks, to process and generate language. They are essential for building and improving AI-powered servers. Nvidia provided assistance
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