Lenovo kicks off construction on 2b yuan plant
Chinese tech titan Lenovo Group Ltd kicked off the construction of its 2 billion yuan smart plant on Wednesday in Shenzhen, Guangdong province.
The plant, scheduled to be completed in three years, will cover 280,000 square meters. It will produce personal computers, servers and other smart electronic products, Lenovo said in a statement.
With a total investment of 2 billion yuan ($287.6 million), the factory will be able to produce 15 million PCs a year, which can advance the development of relevant supply chains, Lenovo added.
The world's largest personal computer maker said it aims to build the plant into a model of digital manufacturing and industrial 4.0, so as to inject new vitality to industrial upgrading.
Qiao Song, senior vice-president of Lenovo, said the company will accelerate construction of the plant, while taking measures to prevent infection among employees amid the novel coronavirus outbreak.
