iPhone maker Foxconn partners with Nvidia on AI-driven factories

South China Morning Post11-19

Foxconn Technology, in collaboration with Nvidia, is leveraging digital twin technology to revolutionise manufacturing and supply chain management. The initiative uses Nvidia's Omniverse to streamline...

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The initiative uses Nvidia's Omniverse to streamline...</p>\n\n<a href=\"https://finance.yahoo.com/news/iphone-maker-foxconn-partners-nvidia-093000062.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://finance.yahoo.com/news/iphone-maker-foxconn-partners-nvidia-093000062.html","article_id":"2484918312","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gdI7emrZWHjTDOdl_dR67g--~B/aD0xMzMzO3c9MTk5OTthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/south_china_morning_post_us_228/f0c702f934f98a5c477592d17a28f509"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484918312","pubTimestamp":1732008600,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Foxconn Technology, in collaboration with Nvidia, is leveraging digital twin technology to revolutionise manufacturing and supply chain management. 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The initiative uses Nvidia's Omniverse to streamline global factory operations, enhance resilience, and ensure consistent quality.\nAccording to a press release on Monday, Foxconn announced a collaboration with Nvidia to develop digital twins aimed at transforming manufacturing processes and supply chain management. The partnership is expected to facilitate the global deployment of advanced facilities and enhance corporate resilience, opening new opportunities for innovation in these domains.\nThis collaboration was first unveiled during Hon Hai Tech Day 2023, where Foxconn showcased its use of Nvidia's Omniverse platform to create a 3D digital twin for simulating automated production lines at its Hsinchu factory in Taiwan. Plans are under way to expand the application of Omniverse to other Foxconn factories worldwide.\nDo you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nConcurrently, progress at the company's Mexico facility highlights the integration of Nvidia Omniverse, Nvidia Isaac for robotics, Nvidia Modulus for artificial intelligence-driven simulations, and OpenUSD for seamless data interoperability.\n\nThe Nvidia headquarters in Santa Clara, California. Photo: AP alt=The Nvidia headquarters in Santa Clara, California. Photo: AP>\nThe adoption of digital twin technology enables Foxconn to scale operations quickly by virtually simulating processes before physical implementation. This capability supports the company's strategy for global deployment, allowing it to replicate and standardise production lines across various regions with exceptional efficiency. By ensuring consistent quality and precision, Foxconn strengthens its competitiveness in strategic global markets.\nIn addition to accelerating global expansion, digital twin technology enhances Foxconn's resilience by enabling rapid responses to supply chain disruptions and shifting market demands. Simulating and adjusting manufacturing processes in real-time allows the company to reallocate resources flexibly across regions, ensuring operational continuity for itself and its clients. This adaptability positions Foxconn to maintain a competitive edge in an increasingly dynamic global economy.\nFoxconn is actively integrating Industry 4.0 technologies into its facilities as part of a strategic response to global supply chain shifts and increasing labour costs in mainland China.\nRecently, the World Economic Forum acknowledged two additional Foxconn facilities as lighthouse factories. These include the Bac Giang province facility operated by Foxconn Industrial Internet in Vietnam and another facility located in Guanlan, Shenzhen in China's southern Guangdong province. With these inclusions, Foxconn now boasts a total of eight lighthouse factories globally, each distinguished for its smart and sustainable operational capabilities.\nThis article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2024 South China Morning Post Publishers Ltd. All rights reserved. \nCopyright (c) 2024. South China Morning Post Publishers Ltd. All rights reserved.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484918312"}