BUDAPEST, Hungary, June 15, 2022-(BUSINESS WIRE)-Lenovo (HKSE: 992) (ADR: LNVGY) officially opened today the doors of its first in-house manufacturing facility in Europe. Based in Ullo, Hungary, the factory is primarily focused on developing high-end server infrastructure, storage systems and PC workstations, used by customers throughout Europe, the Middle East and Africa.
This investment to expand Lenovo’s international manufacturing operations represents huge economic potential for the private and public sectors in Hungary, with higher production capacity, greater potential for collaboration with local suppliers and the creation of new product offers. The site already employs more than 1,000 full-time people in a variety of engineering, management and operational roles, and the number will continue to grow as the facility reaches full capacity.
Due to its strong infrastructure, a skilled workforce and a location in central Europe, it made Hungary the natural location for Lenovo’s first manufacturing facility within Europe. Additionally, part of Lenovo’s investment is supported by local government incentives, through the Hungarian Investment Promotion Agency (HIPA).
Francois Bornibus, Senior Vice President and President EMEA, Lenovo, commented, “With the official opening of our manufacturing facility in Hungary, we have taken an important step in optimizing and developing our global manufacturing network. Hungary’s connected location brings us closer to our customers in Europe, so that we can meet and support their needs, while staying ahead of change.As our business continues to grow around the world, the incredible new This facility will play an important role in our plans to ensure future success and bring smarter technology to everyone in Europe, more sustainably, quickly and efficiently. ” .
Róbert Ésik, CEO of the Hungarian Investment Promotion Agency (HIPA), added: “We are pleased that Lenovo, an industry leader with a long history in global manufacturing, has chosen to work with us and set up a new its factory in Hungary. With the official opening of the site, we look forward to new cooperation opportunities for local suppliers to contribute to Hungary’s prosperous business environment. “
Covering nearly 50,000 square meters spread over two buildings and three floors, the new site is one of Lenovo’s largest manufacturing facilities. The production line can produce more than 1,000 servers and 4,000 workstations per day, each specifically designed to meet customer requirements. The entire facility is equipped with innovative automation capabilities, including a first-class building management system running in the workshop and logistics area to monitor temperature, humidity, asset conditions and the DIMM robotic labeling. This allows Lenovo to maintain optimal quality control of its products.
The new building made for the purpose is equipped with solar panels with a capacity of 0.5 megawatts – enough energy for power equivalent to a small village. Local manufacture of the devices also significantly reduces the miles traveled by these products, providing more efficient and sustainable transportation options. This, combined with innovative manufacturing processes, such as Lenovo’s patented low -temperature soldering process, will help Lenovo achieve its science -based climate goals.
The Hungarian factory is part of Lenovo’s global manufacturing strategy and supply chain, serving customers in 180 markets from more than 35 manufacturing locations around the world, including Argentina, Brazil, China, Germany, Hungary, India, Japan, Mexico and the United States. Lenovo is widely recognized for its global hybrid manufacturing model, which includes a mix of in-house and contract manufacturing. The main source of competitive advantage for the company, it provides greater efficiency and control over product development and supply chain operations, helping to meet customer needs more effectively.
In May 2022, Lenovo jumped seven spots annually and is now at No. 9 in Gartner’s Global Supply Chain Top 25 for 2022. This recognition underscores Lenovo’s leadership as a people-driven organization. purpose and center of operational excellence within the global supply chain community.
In addition to creating new job opportunities in Ullo and surrounding areas, Lenovo continues its commitment to supporting the local community, through philanthropic activities such as technology donations for local schools. and charity.
Lenovo (HKSE: 992) (ADR: LNVGY) is a $ 70 billion global technology powerhouse, ranked no. 159 in the Fortune Global 500, which employs 75,000 people worldwide, serving millions of customers each year in 180 markets. Driven by a bold vision to deliver smarter technology for everyone, Lenovo built its success as the world’s number one PC industry by expanding into new areas of infrastructure, mobile, and services. This change, along with Lenovo’s extraordinary innovation, is creating a more inclusive, trusted, and sustainable digital society for everyone, everywhere. To learn more, visit https://www.lenovo.com, and check out our latest stories on our StoryHub.
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