Century interconnection and the establishment of Foxconn joint venture company

this April.

October 10, Century interconnection and the establishment of Foxconn joint venture company--Xingtai Technology Co., Ltd. Its cooperation aims to jointly create an Internet Data center (IDC) and cloud computing infrastructure services supply chain.

The signing of the joint venture is based on the implementation of the strategic agreement signed by both sides in April this year. After the establishment of Xingtai science and technology, we will carry out data center planning, design, construction, project financing and operation and maintenance business in China and abroad, and provide one-stop service including IDC supporting and customization products, technical support and consulting. To enhance the overall energy efficiency and reliability of the data center business, and to enhance the network infrastructure and value-added services capabilities, the JV company intends to carry out investment operations in the areas of power facilities and network facilities.

With the development of Internet technology and the arrival of large data era, the demand of IDC in China and overseas market is soaring. According to statistics, 2013 China IDC market size of 26.25 billion yuan, 5 years of growth of nearly 6 times times, annual growth rate of more than 30%, 2013 global IDC Market size reached 28.44 billion U.S. dollars, the annual growth of 11.4%.

Foxconn, with the century interconnection, is optimistic about the growth of IDC, cloud computing and other business in China, the two sides quickly layout and cooperate at the capital level, which embodies the full trust and support of Foxconn, the global Top 500 enterprises, to the century interconnection, The other side reflects the current good operating conditions and broad prospects for the development of the interconnected century.

Century Interconnection group President Mengpo pointed out that Foxconn in the cloud server, storage equipment, network equipment manufacturing and other aspects of world-class research and development design and engineering and technical services, with the century interconnection in the IDC field of technology and resources, will lead the data center industry to "industrialization", "factory" and "modular" trend. Both sides are moving towards the construction of greener, more efficient, large-scale cloud computing data centers to provide customers with first-class products and services, China's IDC services into the international market, to meet the growing domestic and foreign cloud service market demand.

Wu Huifeng, vice president of Foxconn Group, said Foxconn has set up a number of industrial parks around the world and is the world's leading provider of cloud computing solutions and manufacturers of servers, storage, and machine cabinets. Century interconnection in IDC has a wealth of operational management experience, network basic resources and vast resources, the joint venture company will realize the vertical integration of industrial chain, build a complete cloud computing services ecosystem. This cooperation is not only an important part of the development model of Foxconn, but also will further enhance the global deployment speed and scale of the data center of the Internet, and realize the advantages of cross-strait enterprises.

It is understood that Xingtai technology will take the lead in Tianjin, Shenzhen and Guiyang, such as IDC and other Internet infrastructure projects launched, and thus gradually to Singapore, Hong Kong, the United States and other global regional expansion. Tianjin, Shenzhen, two large-scale high-end data centers, will be supported by more than 30,000, 450,000 servers, is expected to be operational in the first half of 2015, to meet the needs of major customer customization. In addition, the joint venture will work with Guiyang and local governments to plan and construct a data center and a large data city infrastructure and support platform. At the same time, Foxconn in Guizhou, Taiwan, Kaohsiung and other regions have built energy-saving innovative data center, century interconnection in these areas with the Foxconn resources to share, and jointly expand the business map of IDC.