Hon Hai: The cloud network products in the second quarter will maintain a growth trend, but it is still the traditional off-season, and the main products are entering a phase of transition between old and new products.

On June 4th, Jinshi Data announced that Hon Hai will announce at Computex 2024 that it will join hands with NVIDIA to build an advanced computing power center in Kaohsiung, Taiwan, with the super chip GB200 server as the core. A total of 64 cabinets and 4608 GPUs are expected to be completed in 2026. The two parties will also continue to deepen cooperation in AI, electric vehicles, smart factories, robots, smart cities and other fields.

In response to the public consultation paper jointly issued by the Treasury Bureau and the HKMA yesterday, Ho Hon-kit, Executive Director (Monetary Management) of the Hong Kong Monetary Authority, said that stable coins do not have to be pegged to the Hong Kong dollar, but the existing Stable Coin issuers in the market need to obtain a license in Hong Kong, otherwise the relevant platforms will only be able to sell relevant Stable Coins to professional investors. The Stable Coin licensing regime is for issuers, and if there is more than one Stable Coin, Sega will be restricted according to the licensing activity and conditions. Ho also said that there is a six-month transition period in this document, and after the ordinance comes into effect, existing issuers need to submit license applications within the first three months, and if they do not submit applications within the period, they will end their business in an orderly manner by the end of the fourth month.

According to a report by the webmaster's home on October 16, Hon Hai Precision Industry Co., Ltd. (Hon Hai Precision) said in a statement a few days ago that as part of Hon Hai's "3+3" transformation plan, Hon Hai Precision Research Institute launched the ion trap quantum computing laboratory yesterday. The lab focuses on providing the efficient computing power needed for a new generation of AI and automotive-related technologies. It is reported that the "3+3" plan refers to the development of three emerging fields - electric vehicles, robotics and digital health - through the use of artificial intelligence, semiconductors and communication technologies.

According to a report from the "Science and Technology Innovation Board Daily" on August 14, Hon Hai lowered its operating target for this year, from the original goal of maintaining the same level as last year, to a slight decline. Liu Yangwei, chairman of Hon Hai, pointed out that the second half of the year will enter the traditional peak season, and the strength of market recovery remains to be seen. The recovery of the personal computer industry is slow, and it is expected to start to recover in the second half of the year. However, artificial intelligence (AI) servers can still grow strongly, and demand from cloud service providers can still grow, but other types of products in the cloud have not seen any improvement.

According to Jinshi’s report on May 23, the official website of Hon Hai Technology Group announced that the Artificial Intelligence Research Institute of its subsidiary Hon Hai Research Institute and the City University of Hong Kong jointly launched a new generation of deep learning model “QCNet” for trajectory prediction of autonomous driving for the first time. According to reports, QCNet can capture multiple potential intentions of vehicles in complex road environments, predict the trajectory of motion within 6 to 8 seconds in the future over a long distance, and accurately predict multiple targets in the scene at the same time, and can encode The computing efficiency of the processor is increased by more than 85%.

PANews, May 12, according to local media Pobjeda in Montenegro, after the court agreed to pay 400,000 euros ($436,000) in bail, Terraform Labs co-founder Do Kwon will be released from prison pending trial. His accomplice Hon Chand Jun will also be released on bail of 400,000 euros. The defendants also promised that, if released on bail, they will not go into hiding until the criminal proceedings are concluded, that they will respond to court summonses on a regular basis, and that they will be contacted at the address provided by their defense attorneys.