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SCMP Reporter

Hewlett-Packard of the United States, the world's largest personal computer supplier, is expanding its manufacturing operations on the mainland with a new factory in Chongqing.
The planned 20,000 square metre facility will start production of desktop and laptop computers for the domestic market early in 2010.
It is expected to help spur information technology development in the country's poorer western region and bolster HP's efforts to generate growth in emerging markets amid the growing economic crisis.
Financial terms were not given.
'We look forward to expanding opportunities for local talent in the heart of China to help us better serve the Chinese market for computing products and services,' said Todd Bradley, an executive vice-president of HP's Personal Systems Group.
HP, which does business in more than 680 cities across the mainland,  said the Chongqing  government offered development conditions that made it attractive to locate the   factory in the city.
It said Chongqing also provided a robust educated workforce and had more than 1,000 research and development institutions, and about 500,000 university students.
One of the fastest-growing cities in the country, Chongqing last year saw its gross domestic product  grow 15.6 per cent year on year to 410 billion yuan (HK$468 billion), according to the National Bureau of Statistics.
On the potential of  HP's investment, city mayor Wang Hongju said: 'Our vision of transforming Chongqing into China's West IT centre requires strong participation from the world's most innovative and respected companies.'
The expansion  is likely to bolster HP's position as the leading foreign manufacturer of personal computers on the mainland.
The computer and printer giant has an existing factory and design centre in Shanghai.
The company is  the mainland's No2  computer vendor behind  Lenovo Group,  the world's fourth-largest  computer supplier.
JP Morgan analyst Charles Guo noted that competition in the  computer markets on the mainland and other emerging markets  would intensify as leading  global vendors led by HP, Dell and Acer seek  new growth opportunities outside  the slumping economies of the US and Europe.
Antonio Wang Jiping, a research manager at  International Data Corp, said preliminary  estimates showed Dell and HP grew the most among the mainland's top-five  computer suppliers in the second quarter.
HP sales were up 18 per cent year on year to 1.1 million units, while Dell posted a 51 per cent  increase to about 900,000 units.



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Hewlett-Packard

HP pushes growth on mainland with plans for Chongqing factory