Markets

Schneider Electric Partners With Foxconn To Develop Next-generation AI Data Center Infrastructure

June 15, 2026 — 02:06 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - Schneider Electric SE (SU.PA), an energy technology company, on Monday announced a strategic collaboration with Hon Hai Precision Industry Co., Ltd. (2317.TW, HNHPF) to define and scale next-generation AI data center infrastructure while improving scalability, efficiency, and sustainability.

The production is expected to begin later this year.

The partnership combines Hon Hai Precision Industry or known as Foxconn's expertise in advanced compute platforms, AI rack integration, and manufacturing with Schneider Electric's capabilities in power systems, cooling, and energy management.

The collaboration will focus on developing reference architectures for AI data centers and exploring innovations in energy optimization, modular power and cooling systems, and standardized design frameworks.

On Friday, Schneider Electric closed trading 0.38% higher at EUR 265.30 on the Paris Stock Exchange.

On Friday, Hon Hai Precision Industry closed trading 2.69% higher at TWD 267.50 on the Taiwan Stock Exchange.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets
Stocks Mentioned

Latest Articles
Data is currently not available