HP to Strengthen Presence in Shanghai
Shanghai, China, June 26, 2011 – HP today announced it would deepen its investment in Shanghai, the home of its largest employee base in China. At a gathering with Shanghai government leaders, Léo Apotheker, HP President and Chief Executive Officer, outlined the importance of Shanghai to HP’s strategy for growth in China and committed to expanding HP’s presence and investments in this significant and fast-growing city.
Other HP executives visiting Shanghai today to witness the signing of a Memorandum of Understanding include Piau-Phang (PP) Foo, managing director and senior vice president of Global Sales for HP Asia Pacific and Japan and Steve Gill, managing director and vice president of Global Sales for China HP.
HP intends to expand its manufacturing base in the city; consolidate its existing sites into one multi-purpose, state-of-the-art campus; establish Shanghai as a regional China headquarters for HP’s Personal Systems Group and collaborate with the Shanghai government to apply technology to tackle complex infrastructure, energy and healthcare transformations.
“The transformation Shanghai has undergone over the past 25 years is truly remarkable,” said Apotheker. “HP’s success in this city would not have been made possible without Shanghai’s vision and commitment to embracing the spirit of innovation and establishing itself as a vibrant and internationally-savvy technology hub. Shanghai will be an important part of HP’s next phase of growth and innovation in China, and we look forward to expanding our close partnership with this city.”
HP was one of the first international technology companies to establish a major presence in Shanghai in 1985 with its opening of a sales office. Since then it has grown its operation to six sites, spanning manufacturing to product design, and is home to one of HP’s two PC manufacturing hubs in China, a global Best Shore Enterprise Services delivery hub and its largest employee base.
“Shanghai is undergoing significant transformation, driving technology development and facilitating new investment opportunities,” said Han Zheng, Mayor of Shanghai. “In its twelfth five year plan, Shanghai is rigorously driving the development of strategic emerging industries, which includes technology. Increased investments from global technology leaders like HP are key to realising these ambitions and will strengthen the city’s position both in China and internationally.”
HP in Shanghai facts
- HP established a presence in Shanghai in 1985.
- Shanghai is home to HP’s largest employee population in China and one of its two PC manufacturing hubs.
- HP has six sites in Shanghai spanning all of its Business Groups and including PC manufacturing, PC and printing research and design operations and a global Best Shore Enterprise Services facility.
- HP opened a Development Center in Shanghai in 2004 to design PC products that match the needs of Chinese consumers.
- In 2006 HP opened its Imaging and Printing Group Shanghai research and development (R&D) center to work on inkjet, laser and large-format printing. Over 80 percent of HP LaserJets sold in China are developed by this center.
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