Lenovo to build new plant in Shenzhen

Lenovo Group plans to build a “smart factory” in Shenzhen, with an investment of US$300 million. The new plant will be for manufacturing IT equipment and to incubate new products, different than its existing plants in Wuhan and Hefei, which build personal computers and mobile phones, respectively.

Yang Yuanqing, chairman and CEO of Lenovo, said that the group so far has no plans to develop its own chips and operating systems.

Read more (in Chinese).