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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

by Anas Siddiqui
Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted …

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Equinix to spend US$124 million on 6th Hong Kong data centre to serve Greater Bay Area

by Anas Siddiqui
Equinix to spend US4 million on 6th Hong Kong data centre to serve Greater Bay Area

Equinix plans to spend US$124 million to build its sixth data centre in Hong Kong, expanding its storage capacity to cater to the growing demand in the Greater Bay Area …

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Global data centres to drive demand for liquid cooling systems as AI boom heats up servers, energy consumption

by Anas Siddiqui
Global data centres to drive demand for liquid cooling systems as AI boom heats up servers, energy consumption

A ChatGPT-led boom in artificial intelligence (AI) is expected to fuel an exponential growth in demand for liquid cooling technology from cooling module suppliers and data centre operators, given the …

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Apple supplier Foxconn misses March quarter estimates amid iPhone sales downturn in China

by Anas Siddiqui
Apple supplier Foxconn misses March quarter estimates amid iPhone sales downturn in China

The world’s largest electronics contract manufacturer reported a net profit of NT$22 billion (US$679 million) in the first quarter. While that was up more than 70 per cent, it missed …

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Microsoft CEO unveils US$1.7 billion outlay over four years in Indonesia to build major AI and cloud computing infrastructure

by Walter Watson
Microsoft CEO unveils US.7 billion outlay over four years in Indonesia to build major AI and cloud computing infrastructure

Company chief executive Satya Nadella announced the outlay, to be made over four years, after meeting with President Joko Widodo in Jakarta on Tuesday. The US software giant also pledged …

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Alibaba’s cloud computing unit cuts prices on 100 core products in China to capture more users involved in AI development projects

by Anas Siddiqui
Alibaba’s cloud computing unit cuts prices on 100 core products in China to capture more users involved in AI development projects

Alibaba Group Holding’s cloud computing unit has cut prices by up to 55 per cent on more than 100 core products – the largest discount offering in the company’s history …

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With its health infrastructure devastated and Israel’s offensive widening, Gaza is losing track of its dead

by Walter Watson
With its health infrastructure devastated and Israel’s offensive widening, Gaza is losing track of its dead

WARNING: This story contains disturbing images of death and violence. Gaza’s Health Ministry says more than 18,600 Palestinians have been killed and nearly 50,600 injured since Israel responded with a punishing bombing …

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