World's Leading PC Producer Operational in ShanghaiThe world's largest portable computer manufacturer, the Taiwan-based Quanta Computer Corp., saw its first joint venture become operational recently in Shanghai.So far, all five major PC producers in Taiwan have established production bases in China's mainland. Costing a total of 200 million US dollars in the first phase investment, the solely-funded joint venture, Tech-front Computer Corp., is located in the state-level Songjiang Export Processing Zone. A million computers are expected to be produced by the corporation by the end of this year, bringing foreign exchange revenue from exports 1 billion U.S. dollars. With the second phase investment of 400 million US dollars coming up, the company will reach an annual capacity of five million computers with a total added-value of 10 billion US dollars by the year 2003. Quanta has been providing processing business for well-known brands like Dell, Compaq and IBM. |
| People's Daily Online --- http://english.peopledaily.com.cn/ |