Capacity Expansion by Cloud Network Technology

As a member of the Foxconn Group, Cloud Network Technology launches warehouse capacity expansion investment of more than EUR 15 million in Komárom, NW Hungary. About 20% of the investment cost is covered by Hungarian taxpayers.

The establishment of a new 17,000-square-meter storage capacity supports the production of high-tech data centers and network communication devices. The development will create 30 new jobs.

The Foxconn multinational company is one of the world's most important electronic manufacturing companies, primarily engaged in the development of electric vehicles, digital health and robotics, and is also present in the market for artificial intelligence (AI), semiconductors and next-generation communication technology.

They place great emphasis on research and development and own over 83,500 patents. The group's clientele includes companies such as HP, Dell, Apple, IBM, Sony, Nintendo, Cisco, Nokia, Motorola, Siemens, Sony Ericsson or Microsoft.

Foxconn has been present in Hungary for almost two decades, and production has been continuous at the Komárom plant ever since. During this period, excellent cooperation was developed with higher education institutions in Hungary, resulting in numerous technological innovations.

There is no shortage of innovative solutions: after six months of testing, the country's first live industrial private 5G network operates in the Komárom factory, by which the load test of server towers and PCs is carried out wirelessly before delivery.

In addition to the development of 5G infrastructure, Foxconn is also considered to be a pioneer in Hungary in other innovative solutions, since the industrial use of the HoloLens and its integration into the 5G environment are also tested at a number of points in both the test hall and the assembly plant.