TechTaffy

tech:

taffy

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

By TechTaffy Desk

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

Around the web

The US Treasury Department was hacked — The Verge

The threat actor stole a key used by BeyondTrust “to secure a cloud-based service used to remotely provide technical support for Treasury Departmental Offices (DO) end users, writes Emma Roth.
IT

Xerox to acquire Lexmark

Xerox has announced plans to acquire Lexmark from Ninestar, PAG Asia Capital, and Shanghai Shouda Investment Centre for $1.5 billion.
Around the web

ChatGPT search tool vulnerable to manipulation and deception, tests show — The Guardian

OpenAI’s ChatGPT search tool may be open to manipulation using hidden content, and can return malicious code from websites it searches, a Guardian investigation has found; writes Nick Evershed. 
Public Sector

SAIC secures $170.9M cybersecurity contract with Texas Department of Information Resources

Science Applications International Corp. (SAIC) has been awarded a $170.9 million contract by the Texas Department of Information Resources (DIR) to provide cybersecurity services.
Series A

Infinant raises $15M

Charlotte, NC-based Infinant, a bank platform provider, has raised $15 million in a Series A funding round.