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The Chinese company’s computer manufacturing plant will be built in Üllő, Pest county, for 8.2 billion HUF. With this investment, a total of 1,000 jobs will be generated in various stages, for which the government will provide two billion forints of non-reimbursable support for the investment, said Péter Szijjártó.
The new production facility will replace the facility operated by contract manufacturer Flex, which has been in existence for many years. Computer production will begin in early 2021 in the roughly 30,000-square-foot manufacturing room.
“This is an important milestone in the optimization and development of our global production capacity. It is a great pleasure for us that, based on our current presence in Hungary, we can now reach out to European consumers with a new production facility in Hungary. “. said Guan Wei, vice president of Lenovo International Supply Chain.
Lenovo in China is one of the world’s leading computer manufacturers. In the second quarter, it was the second-largest player in terms of volume of personal computers sold globally, with more than 24 percent of computers sold worldwide, according to IDC. In addition to desktops and laptops, the company also manufactures tablets, mobile phones, servers, storage devices, and smart TVs.
The launch of the Hungarian manufacturing plant is another milestone in Lenovo’s international manufacturing and supply chain strategy, already serving customers in 180 markets from more than 30 manufacturing locations around the world, including Argentina, Brazil, China. , Germany, Hungary, India, Mexico and the United States. States: Read Lenovo’s announcement.
Lenovo has its own plants in Beijing, Morrisville, North Carolina and Singapore, as well as plants in Chengdu and Hoffei, China and Japan. It operates research centers in Beijing, Morrisville, Shanghai, Shenzhen, Xiamen, Chengdu, Nanjing, Wuhan, and Yamato.
The introduction of the factory in Hungary will also improve the performance of Hungarian exports, and Lenovo’s operations in Hungary will operate with an export share of more than 90%, added Péter Szijjártó.
Cover Image: Tomohiro Ohsumi / Bloomberg via Getty Images
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