TAIPEI, Taiwan - US computer giant Hewlett-Packard Co. and Taiwan's Foxconn Group will jointly build a plant in China to make laptops and related equipment, a report said Wednesday. The companie
s signed agreements on Tuesday with the Chinese authorities to invest US$1 billion for a plant in the southwestern city of Chongqing, the Commercial Times reported. Operations are expected to begin in 2012 with an annual capacity of 20 million laptops, or an annual value of 200 billion yuan ($42 billion), the report said. Foxconn, also known as the Hon Hai group, is the world's top maker of outsourced electronics, making a wide range of products for companies such as Dell, Nokia and Sony. Taiwanese businesses have funnelled US$77 billion to the mainland in various investment projects since 1991, government figures show. China still regards Taiwan as part of its territory awaiting reunification - by force if necessary - although the island has governed itself since 1949 at the end of a civil war.
For further details visit as : http://digital.asiaone.com/Digital/News/Story/A1Story20090806-159547.html
s signed agreements on Tuesday with the Chinese authorities to invest US$1 billion for a plant in the southwestern city of Chongqing, the Commercial Times reported. Operations are expected to begin in 2012 with an annual capacity of 20 million laptops, or an annual value of 200 billion yuan ($42 billion), the report said. Foxconn, also known as the Hon Hai group, is the world's top maker of outsourced electronics, making a wide range of products for companies such as Dell, Nokia and Sony. Taiwanese businesses have funnelled US$77 billion to the mainland in various investment projects since 1991, government figures show. China still regards Taiwan as part of its territory awaiting reunification - by force if necessary - although the island has governed itself since 1949 at the end of a civil war.For further details visit as : http://digital.asiaone.com/Digital/News/Story/A1Story20090806-159547.html
