Taipei Taiwanese manufacturing giant Hon Hai Precision Industry Co. said Wednesday it has established a research institute to focus on the development of new technology.
The institute has five areas of research, namely artificial intelligence, semiconductors, new generation communications, cyber security and Quantum computing, and it develops “3 plus 3” applications for robots, medical care, electric vehicles, AI, semiconductors and 5G, Hon Hai said.
The institute aims to organize a team of 200 experts who will be working on the five emerging technologies, as the company, also known as Foxconn in the global market, seeks to grow beyond contract electronics manufacturing to hardware and software development, Hon Hai said.
The institute also has an advisory committee, which includes Kuo Tei-wei, Dean of the College of Engineering at City University of Hong Kong; Chang Mau-chung, chair professor at the School of Engineering, University of California, Los Angeles; and Lee Kai-fu, a Taiwanese-American AI expert, the company said.
Due to the COVID-19 pandemic, the institute’s diverse team of experts based around the world has been holding meetings through video conferencing.
The research institute is the final phase in a three-part plan laid out by Hon Hai Chairman Liu Young-way for the company’s development in the short, mid and long term, which encompasses optimization of its operations, digital technology development, and new technology development, in that order.
Liu took over the chairmanship of the company last year, after Terry Gou stepped down to make a presidential bid in the primary of the opposition Kuomintang.
Source: Focus Taiwan News Channel