- Valuetronics (SGX:BN2) entered into a joint venture called Trio AI with Beijing Sinnet Technology, 55% and 45% stake respectively, to provide GPU (graphic processing unit) and AI (artificial intelligence)-related value-added cloud services in Hong Kong.
- - Read this at SGinvestors.io -
- We do not expect any material impact on Valuetronics' earnings from this investment. We believe the near-term returns on a GPU as a service will be attractive due to the high demand and constrained supply of GPUs.
Key highlights
Revenue model:
- - Read this at SGinvestors.io -
- Valuetronics will acquire the GPUs (and related equipment) and lease them to the joint venture for 60 months. Revenue from this investment is unlikely to be significant.
Joint Venture:
- Read more at SGinvestors.io.
