Telangana: Taiwan-Based Foxconn To Set Up Advanced Industrial AI Research and Development Centre At Hyderabad

Foxconn Industrial internet Company Limited (FII), a subsidiary of Taiwan-based Foxconn Technology group, has decided to set up an Advanced Industrial Artificial Intelligence Research and Development Centre in Hyderabad, reports The New Indian Express. The company will setup the centre in collaboration with Telangana state government.

"This research and development platform would provide technological services and smart manufacturing solutions to Foxconn Group with a vision to integrate and incorporate cloud computing, mobile devices, IoT, big data, AI, network transmission, and automated robotics with 8K+5G," an official release said.

The agreement to setup this centre was signed by Michael Yang, Director of Business Development, Chairman’s office, Hon Hai, and Sujai Karampuri, Director of Electronics, Government of Telangana.

Foxconn shall set up the research initiative in collaboration with the academic and industrial ecosystem in India with Hyderabad as its base, the release added.

Welcoming the initiative, Jayesh Ranjan, Principal Secretary to the Government of Telangana, said the city shall now also become the global hub for industrial AI and Industrial IoT with its available academic and technology talent pool together with academia and industry support, Money Control has reported.