Lenovo expects the new plant to enable the company faster shipping time, as well as more flexibility when serving its EMEA region customers and partners, the press release noted.
Flex and Lenovo have been strategic partners for seven years and are due to turn out their six millionth PC this December. Apart from manufacturing x86 servers, the Sárvár plant will also be responsible for assembling systems, such as integrated racks ordered for customized usage.
As well as allowing for decreased shipping times, the Hungarian set up also features lower operational costs, which can push down the prices offered for customers and partners, the press statement noted.
“The Hungarian government finds the ICT sector plays an elevated role in the Hungarian economy,” Minister for National Economy Mihály Varga said at the inauguration. “The sector provides jobs for 400,000 people in Hungary, with an indirect contribution of 13% to the overall GDP, the third highest in the European Union,” he added. The minister also noted that the new plant is expected to create 250 jobs.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
