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After a five-month negotiation, HP has signed a memorandum of understanding with China's Chongqing Municipality to build a computer manufacturing plant — the company's second computer plant in China following the plant in Shanghai. Wang Hongju, mayor of Chongqing; Xi Guohua, director of the Ministry of Industry and Information Technology; Todd Bradley, HP's executive vice president; and Fu Biaobang, president of HP China attended the signing ceremony held in Beijing. The new plant, which will reportedly cover an area of about 20,000 square meters, is expected to complete construction at the beginning of 2010, manufacturing desktop and notebook PCs with advanced production lines. On its completion, HP's Chongqing computer plant will satisfy the unique demand of the western... [read full story]
