HP to expand in China
US computer maker Hewlett Packard (HP) on yesterday announced
wide-ranging plans to expand in China, with a string of research centres
and manufacturing facilities in several Chinese cities.
By the end of this year, the company will open a new centre in
Beijing dedicated to "networking and information analytics research",
increasing the number of HP's research bases in China to three, it said
in a statement.
It will add new manufacturing facilities in Shanghai and establish a
China regional headquarters there for the Personal Systems Group, an HP
division, the statement said.
The company will also collaborate with major cities, including
Shanghai, the northern port city of Tianjin and Chongqing in the
southwest, to work on infrastructure, energy and healthcare issues, it
"China's vibrant economy, explosive growth in social and mobile
connectivity, and strong commitment to innovation present tremendous
opportunities for HP," CEO Leo Apotheker said in the statement. No
financial details of the expansion plans were disclosed. AFP