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Toshiba to establish production site in Hangzhou

Posted: 23 May 2002 ?? ?Print Version ?Bookmark and Share

Keywords:IT? PC?

Toshiba Corp. has acquired 400,000 square meters of land, including future purchase rights in Hangzhou, China. Toshiba will establish a new subsidiary this year to manage the land and support deployment of its infrastructure and production operations.

The new site will be used for the expansion of the company's IT-related businesses and a manufacturing subsidiary for portable PCs. It will start operations on April 2003 as Toshiba's second portable PC production site in China after Toshiba Computer Systems Co. Ltd in Shanghai, which started production in 2000.

Toshiba will also extend use of the new site to cover production of components and product assembly. The company's goal is to gradually create an integrated IT production complex, serving the global IT market.

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