Hon Hai Group to obtain stake in mainland’s first big data exchange

The China Post
Date: April 13, 2015
By: CNA

TAIPEI — Hon Hai Group of Taiwan, also known as Foxconn, is poised to become a stakeholder in the China’s first big data exchange operation, which will be launched soon, according to media reports there.

Hon Hai is expected to hold a 21.5 percent stake in the Global Big Data Exchange (GBDEx), which will be established in Guiyang in China’s southwestern province of Guizhou with registered capital of 50 million yuan (US$8.05 million)

The exchange will provide various services, including data cleaning, modeling, and data platform development.     [FULL  STORY]

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