tech:

taffy

Lenovo Opens 200,000 Square-Meter R&D Facility In China

lenovo

Lenovo has opened a state-of-the-art research, development, sales operations and production facility for smartphone and tablet products. The facility is located in the central China city of Wuhan. The 200,000 square-meter facility has production lines, as well as sales operations and an R&D center.

Yang Yuanqing (Chairman and CEO, Lenovo): The Wuhan facility is an important addition to our global supply chain, but this is much more than just a manufacturing facility. We can respond more quickly to market trends.

In addition to the Wuhan facility, Lenovo manufactures products at its own facilities in Argentina, India, Mexico, Hungary, Brazil, Japan, the U.S. and multiple China locations. The company has opened five new manufacturing sites around the world since 2011, and acquired two other facilities through joint ventures.

[Image courtesy: Lenovo]

Just in

Biden signs TikTok ‘ban’ bill into law, starting the clock for ByteDance to divest it — The Verge

President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year, writes Lauren Feiner.

IBM to acquire HashiCorp for $6.4B

IBM and HashiCorp have entered into an agreement for IBM to acquire HashiCorp, a provider of infrastructure and security management products, for $6.4 billion.

Oracle is moving its world headquarters to Nashville to be closer to health-care industry — CNBC

Oracle Chairman Larry Ellison said Tuesday that the company is moving its world headquarters to Nashville, Tennessee, to be closer to a major health-care epicenter, writes Ashley Capoot.