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Toshiba's New PC Factory in China Starts Operation
Apr 2, 2003
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Toshiba Corporation today announced the start of operations at Toshiba Information Equipment (Hangzhou) Co., Ltd., the company's new portable PC manufacturing facility in China. Established in June 2002, Toshiba Information Equipment (Hangzhou) Co., Ltd. is expected to manufacture 750,000 portable PCs in fiscal year 2003, and to boost its annual capacity into the 2-million-unit range in future. The company will also extend its activities to embrace development and design and technical support. Toshiba said the opening of the new Chinese facility puts in place the last element of its global manufacturing and logistics system for portable PCs. Within this, Ome Complex in Tokyo is positioned as the core facility, the main development center for products and manufacturing technology, and for procurement, while facilities in China, the Philippines, the U.S., and Germany handle production. Outlines of New Factory in China Company Name: Toshiba Information Equipment (Hangzhou) Co., Ltd. Capital: approximately 1,350 million yen (Toshiba Corporation 90 percent; Toshiba China Co., Ltd. 10 percent) Address: Hangzhou, Zhejiang, China Established: June 2002 President: Manabu Saito Site area: approximately 60,000 sq m Capacity: 750,000 units in FY2003 Employees: approximately 1,700 at the end of FY2003 Business: production, sales, development and design, and technical support of computers, peripheral equipment, and components

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