First Chinese Firm Makes Disk Drives for IBM

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Last updated at: (Beijing Time) Saturday, March 02, 2002

First Chinese Firm Makes Disk Drives for IBM

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IBM and Great Wall Technology Ltd. signed a groundbreaking agreement on Thursday, which will make Great Wall Technology the first Chinese company to manufacture and sell computer hard disk drives to the worldwide market.

According to the deal, Great Wall Technology's subsidiary, ExcelStor Technology, will manufacture the 40 gigabyte version of IBM's newly released Deskstar 120GXP desktop drive, designed to support desktop and multimedia applications, China Daily reported Saturday.

The first ExcelStor-made drive is expected to roll off the assembly line in the second half of this year. The annual production of the new plant is to reach 10 million units.

The three-year deal includes two parts: IBM will sell its 3.5-inch, Deskstar 120GXP drives manufactured by ExcelStor under the IBM brand worldwide. ExcelStor will also develop and market the drives under its own brand through an intellectual property license from IBM.

The agreement makes ExcelStor the first domestic company to manufacture hard disk drives for IBM and to market drives under its own brand.

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