Hon Hai Group to ob­tain stake in main­land’s first big data ex­change

The China Post - - LOCAL -

Hon Hai Group of Tai­wan, also known as Fox­conn, is poised to be­come a stake­holder in the China’s first big data ex­change op­er­a­tion, which will be launched soon, ac­cord­ing to me­dia re­ports there.

Hon Hai is ex­pected to hold a 21.5 per­cent stake in the Global Big Data Ex­change ( GBDEx), which will be es­tab­lished in Guiyang in China’s south­west­ern prov­ince of Guizhou with reg­is­tered cap­i­tal of 50 mil­lion yuan (US$8.05 mil­lion)

The ex­change will pro­vide var­i­ous ser­vices, in­clud­ing data clean­ing, mod­el­ing, and data plat­form devel­op­ment.

Trad­ing of big data ser­vices on the ex­change will be con­ducted elec­tron­i­cally, match­ing clients’ re­quests with of­fers.

Other share­hold­ers in the ex­change in­clude a range of Chi­nese providers of big data and mo­bile fi­nan­cial ser­vices, the Guiyang City gov­ern­ment, and tech­nol­ogy com­pa­nies, the re­ports said.

They also in­di­cated that Hon Hai Chair­man Terry Gou will at­tend Guiyang’s Big Data Expo in late May, an event that is ex­pected to at­tract in­ter­na­tional gi­ants like Google, Alibaba, Hewlett-Packard, Dell and In­tel.

Mean­while, the Guiyang City gov­ern­ment has been ramp­ing up its ef­forts to de­velop the city as a base for China’s big data in­dus­tries, sign­ing 138 devel­op­ment deals to­tal­ing 132.61 bil­lion yuan last year, the re­ports said.

They said an ad­di­tional 61 in­vest­ment deals val­ued at 50.64 bil­lion yuan are set to be fi­nal­ized be­fore 2017.

As a par­tic­i­pant in the city’s big data tech­nol­ogy drive, Hon Hai in­vest­ments there in­clude joint con­struc­tion of tech­nol­ogy and science parks for cloud com­put­ing and semi­con­duc­tor pro­duc­tion, and re­search cen­ters for nan­otech­nol­ogy.

Known as the green tun­nel, a data cen­ter in Guizhou built by Hon Hai uses the re­gion’s ge­o­log­i­cal fea­tures to achieve en­er­gy­ef­fi­cient cool­ing.

The com­pany has also se­cured agree­ments with the lo­cal gov­ern­ments in Guizhou and Guiyang to de­velop new ap­pli­ca­tions for cloud and mo­bile com­pu­ta­tion tech­nolo­gies across the prov­ince in col­lab­o­ra­tion with Alibaba and 21Vianet Group, Inc.

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