OEM major Foxconn, graphics and ARM processor major NVIDIA, in coordination with the local government, plan to set up a new research and development center in the city of Tianjin, northern China. The three signed for establishment of the joint venture today. Heads of Foxconn and NVIDIA, Terry Guo and Jen-Hsun Huang, were present at the ceremony.

The center is slated to be dedicated for research and development in the fields of mobile terminal devices and cloud computing-based applications, and we can already see the right ingredients going into setting it up: an investment-friendly local government that provides a fertile platform and human resources, the vast expertise of Foxconn in design and manufacture of consumer electronics, and the expertise of NVIDIA in ultra-high performance application processors for portable computing devices.