Next-generation AI Processing Solution for Video Analytics at the 'Edge - Electronics-Lab

Foxconn, a global leader in smart manufacturing, is joining Socionext, a major provider of advanced SoC solutions for video and imaging systems, and leading artificial intelligence (AI) chipmaker Hailo to launch the next-generation AI processing solution for video analytics at the edge. Foxconn has combined its high-density, fan-less, and highly efficient edge computing solution, "BOXiedge ", with Socionext's high-efficiency parallel processor "SynQuacer " SC2A11, and the Hailo-8 deep learning processor. The new combination provides market-leading energy efficiency for standalone AI inference nodes, benefiting applications including smart cities, smart medical, smart retail, and industrial IoT. In a global AI market forecasted by research firm IDC to approach $98.4 billion in revenue in 2023, this joint solution helps address the need for cost-effective multiprocessing capabilities required in video analytics, image classifications, and object segmentation. The robust, high-efficiency product is capable of processing and analyzing over 20 streaming camera input feeds in real-time, all at the edge.