China's computer maker giant Lenovo Group Ltd. has invested 30 million dollars in India and Mexico, a move to take on rivals Hewlett-Packard Co. and Dell Inc. in key markets outside its home turf of China, The Wall Street Journal reported on Friday.
The report said Lenovo's investment in Mexico was aimed to assemble computers in a market closer to customers in the U.S., the world's largest PC market.
The plant in Mexico is Lenovo's largest manufacturing investment to date outside of China, and will employ 750 people to assemble desktop and notebook computers for key markets in the Americas region, including the U.S., Canada, and Brazil, according to the report.
A smaller facility planned for the northern Indian state of Himachal Pradesh will give the company better access to customers in India, one of the PC industry's fastest-growing markets.
Lenovo, the world's third-largest computer maker by shipments, controls more than 8 percent of the global PC market, its U.S. market share is much smaller, and the company doesn't rank in the top five U.S. PC companies, said the report.
Source: Xinhua
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