website statistics

Recently Lenovo has announced that they goes to establish a new manufacturer plant in Wuhan, China. For this work, Lenovo is investing 800 million US dollar.
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...

Lenovo,one of the world’s biggest computer manufacturers, recently announced that they are going to establish a new manufactureing plant in Wuhan, China. Lenovo is investing $800 million on this project. The investment will be used step by step over the next five years. However, the facility will begin operations in October 2013. The company hopes that they will be able to deliver new mobile internet products and bring them to its customers faster through the new plant.

Lenovo, Image Credit; Flickr

Press Release

Beijing – May 7, 2012: Lenovo Group and the Wuhan government today held a groundbreaking ceremony for the establishment of the Lenovo (Wuhan) Industrial Base. The site will include integrated facilities for mobile Internet product R&D, production and sales. The new facility will help drive Lenovo’s innovation capability in the field of mobile Internet and optimize its global supply chain, helping the Company to develop and deliver new mobile internet products and bring them to its customers even faster. Total investment over the next five years is expected to be approximately RMB5 billion, and the facility will begin operations in October 2013.

“As an industry leader, we are aggressively moving forward into the PC Plus era, and with our Mobile Internet Digital Home group actively engaged, we are accelerating development in smart phones, tablets, and other mobile Internet terminal markets,” said Yang Yuanqing, Lenovo Group chairman and CEO. “We’re determined to firmly seize the tremendous opportunities for innovation in this market, so that Lenovo’s customers have even more opportunities to own our award-winning products, from PCs to mobile Internet devices. “When it begins operations, the Lenovo (Wuhan) Industrial Base will greatly improve our innovative capability and further optimize our supply chain, giving us a solid foundation to win in a broader market.”

The Lenovo (Wuhan) Industrial Base will mainly focus on the R&D, production and sales of smartphones, tablets and other mobile devices that will cover the Chinese and global markets. By 2014 total sales revenue from the industrial base is expected to reach RMB10 billion, increasing to RMB50 billion within the next five years. The facility also has the potential to create nearly 10,000 job opportunities in the coming years, in a variety of related businesses. Included in this number, Lenovo within the next few years expects to employee several thousand R&D and management staff located at Wuhan, focused solely on advancing R&D in mobile Internet devices and application. The Lenovo (Wuhan) Industrial Base will help improve Lenovo’s entire supply chain as well as its R&D and marketing systems, by building even more end-to-end product capability.

As the central city supported by China’s strategy of promoting the development of central regions, Wuhan hosts the nation’s second independent innovation demonstration area after Beijing’s Zhongguancun. Wuhan has benefitted from the government’s efforts to promote the development of China’s central and western regions and has great growth potential, having already attracted investment from many Fortune 500 companies.

At the end of 2011, Lenovo became the world’s second-largest PC maker after being the world’s fastest growing PC maker for nine consecutive quarters. At the same time, Lenovo’s mobile Internet business made significant progress. The company is now a top-three smart phone maker in China with double-digit market share, and the second-place tablet maker with a market share of 16.5%, far ahead of its competitors in the android market.

ABOUT LENOVO
Lenovo (HKSE: 992) (ADR: LNVGY) is a $US21 billion personal technology company – and the second largest PC company in the world, serving customers in more than 160 countries. Dedicated to building exceptionally engineered PCs and mobile internet devices, Lenovo’s business is built on product innovation, a highly efficient global supply chain and strong strategic execution. Formed by Lenovo Group’s acquisition of the former IBM Personal Computing Division, the Company develops, manufactures and markets reliable, high-quality, secure and easy-to-use technology products and services. Its product lines include legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well as servers, workstations, and a family of mobile internet devices, including tablets and smart phones. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more information, see www.lenovo.com.

Source: Lenovo

Buy Cheapest Related Product From Amazon.com


Apple Beats IBM To Land At No. 17 On The Fortune 500 List

Microsoft Ends Azure Branding, Replaces With New Name
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On May 9, 2012(4 years, 0 months ago.)

You May Also Like:

What Do You Think?

Leave a Reply




Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

Has your iPhone suddenly turned black & white? Check out this tutorial to know possible reasons & how to fix iPhone screen with few taps.
Check out this tutorial to download FREE movies and TV Shows streaming Showbox app and install it on your Android smartphone or tablet.
Parental Controls allows you to put restrictions on apps or content that can or can not be used by anyone else on your Apple iPhone or iPad.
If you want to print from iPhone without using any computer, check this out to connect and print wirelessly right from the Apple device.
Using Siri, anyone can bypass the Passcode even if iPhone or iPad is locked. Check out this to know how you can disable Siri on lock screen.
Floatify will let you quick reply to the messages or emails through notification bar using your Android Lollipop or Marshmallow.
If you do not know to do face swap, check out this tutorial to learn how the new Snapchat face swapping feature actually works.
Facebook has released the Live video streaming feature and we will show you how to go live using the Facebook app for Android or Apple.
Apple has added some new features along with the releasing of iOS 9.3. Now you can secure your iPhone Notes app with password protection.
Check out the quickest way to enable or disable the Google Chrome notifications for Desktop if you are finding it a bit challenging.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook