NEW DELHI:
The joint venture (JV) called MiPhi, in which Micromax holds a 55% stake, has started manufacturing the storage chips or solid-state drives from Micromax's Greater Noida facility and will train users on integrating the chips with existing infrastructure.
"By combining our local market expertise with Phison's critical technological prowess, we are poised to deliver breakthrough solutions," said Rahul Sharma, co-founder of Micromax Informatics, in a release on Thursday.
"With this venture, we aim to bring down the cost of GPU (graphics processing unit) by one-tenth by bringing the lowest per token cost in the world. This will help us in disrupting the AI landscape not only in India but also in specific agreed-upon regions," said Sharma.
As part of its go-to-market strategy, MiPhi will leverage Micromax's established relationships with Indian clients and Phison's advanced NAND storage solutions (which can retain data even when power is switched off) for collaborations across industries. The companies, however, did not reveal the capacity or scale of manufacturing from the Greater Noida facility.
This story is from the December 20, 2024 edition of Hindustan Times Haryana.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 20, 2024 edition of Hindustan Times Haryana.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Pole Star of India's chess camp, from Anand to Gukesh
Wojtaszek compared his experience of working with Vishy and Gukesh, finding ideas and keeping an eye on Carlsen
LIVERPOOL IN LEAGUE CUP SEMIS, ARSENAL ADVANCE TOO
Liverpool moved into the League Cup semi-finals as the holders won 2-1 against managerless Southampton, while Gabriel Jesus ended his goal drought with a hat-trick in Arsenal's 3-2 victory over Crystal Palace on Wednesday.
Ashwin's call and why retirement can be a fresh start
Ashwin's sudden turn midway through a Test series has shocked everyone. It seems he ended his glorious spell angry/frustrated/disappointed; he wasn't central to the Indian team's plans anymore.
Richa, Smriti take India to series win
Smriti Mandhana (77) and Richa Ghosh (54) led the charge in an emphatic win for India as they defeated West Indies by 60 runs in the third T20I, clinching the series 2-1 at the DY Patil in Navi Mumbai on Thursday.
KOHLI CONFRONTS MEDIA OVER FAMILY PRIVACY IN MELBOURNE
India batter Virat Kohli was involved in a verbal exchange with a media person at the Melbourne Airport, upon arriving in Victoria ahead of the Boxing Day Test at the Melbourne Cricket Ground (MCG).
Under pressure, Rohit needs to let his bat do the talking
Languid and easy. Two words that have often been used to describe Rohit Sharma can so easily, depending on form, come to mean fatigued and lazy. Many would be leaning towards the latter interpretation now.
ICC agrees on hybrid model, India to play CT games at a neutral venue
The International Cricket Council (ICC) on Thursday approved the hybrid model for next year's Champions Trophy, ending a month-long deadlock over the venue for the competition.
Ashwin back home, says zero regrets on retirement
Off-spinner Ravichandran Ashwin returned home to Chennai on Thursday morning one day after his retirement from international cricket midway through India's ongoing Test series against Australia.
Micromax, Phison form JV for storage chips
Indian mobile phone company Micromax Informatics has tied up with Taiwanese NAND storage chip maker Phison Electronics to develop high-end storage products for enterprise, automotive and artificial intelligence (AI) models.
FMCG firms may hike prices by 5% amid rising costs
Your next pack of cookies could be lighter than the one you got for the same price last time.
