Monday, June 21, 2004
Hitachi Global Storage Technologies, the disk drive manufacturing arm of Hitachi Ltd., plans to invest up to US$500 million, to create "mega manufacturing center" in Shenzhen, China.
The facility would perform disk drive final assembly using existing Shenzhen-based component manufacturing, the company said, but did not indicate a time period over which the money would be spent.
Hitachi already employs approximately 4,500 people at its two existing Shenzhen manufacturing companies, which produce magnetic recording heads and storage media.
Hitachi expects the manufacturing center to employ nearly 7,000 people in its first phase to meet the growing demand for hard disk drives. The project, which initially includes construction of a 35,000-square-meter manufacturing facility, is expected to begin in Q4 2004.
The new facility is expected to start production of 3.5" disk drives in Q4 2005 and, ultimately, will be capable of producing disk drives of varying form factors.
By: DocMemory
Copyright © 2023 CST, Inc. All Rights Reserved
|
