Lenovo Group to invest 100 million dollars to build Western industrial base

October 29, Lenovo Group (00992.　　HK) and the Chengdu municipal Government held the establishment of Lenovo (West) industrial base signing ceremony, according to the agreement, Lenovo will be in Chengdu, including production, research and development, sales and operation of three centers as one of Lenovo (west) industrial base, the initial joint investment of more than 100 million U.S. dollars. The industry base is expected to be put into operation before the end of 2011, the first phase will be the main production of split desktop and integrated desktop, the future will gradually expand to notebook, server and mobile interconnect products.　　In research and development, Lenovo will build a nearly thousand-person research and Development center in the next few years, focus on research and development direction and research areas will involve mobile Internet service and application development, mobile Internet service platform construction, notebook computer and mobile interconnection equipment research and development, high reliable technology research. Lenovo Holdings chairman and president, Lenovo Group, chairman of the Board of directors, said: "The Lenovo Group in Chengdu, can make full use of Chengdu in the Midwest region of China's special location advantages and technical personnel, human settlements, market space, transportation and logistics, and other favorable conditions, actively cooperate with the country's western development policy Accelerate the development of Lenovo's business in western China and even globally. At the same time, Lenovo member enterprises are also highly concerned about Sichuan Province and Chengdu City, and hope to cooperate with the local area in a larger scope. "Lenovo's CEO, Yang said:" Under the guidance of the dual-fist strategy, Lenovo International development smooth, rapid growth of global performance, which brings us a higher demand for overall capacity. Lenovo Investment construction of Lenovo (west) industrial base will be a collection of production, research and marketing operations three functions, with the gradual completion of the base, on the one hand, strengthen our leadership in China and the global market, on the other hand will help us to grasp the growth opportunities in the field of mobile interconnection. "Lenovo (West) industrial base will make Lenovo global supply chain, research and development system and marketing system layout more perfect." At the same time, the base also helps to strengthen sales operations, so that Lenovo can better serve China's booming Midwest market, it is important for Lenovo to further consolidate its leading edge in China and the rapid growth of global markets.