Hitachi GST and Lenovo Sign Agreement

hitechi-lenovoHitachi Global Storage Technologies (Hitachi GST) announced that it has signed a memorandum of understanding (MOU) with Lenovo to continue its long-standing relationship as a supplier of hard disk drives (HDD) for the development of PCs and notebooks on a worldwide basis.

The MOU was signed at the “2009 U.S.-China Trade and Investment Cooperation Forum” taking place during the Chinese Ministry of Commerce’s customary, commercial purchasing delegation visit to the United States, which aims to improve the trade balance between China and the United States.

Hitachi has been shipping hard drives to Lenovo long before IBM’s PC business was taken over by Lenovo in 2004. The announcement today not only recognizes and strengthens the successful partnership between Lenovo and Hitachi GST, but also symbolizes the mutual commitment to China-US trade.

Under the 12-month MOU effective April 1, 2009, Lenovo, its affiliates and authorized third-party purchasers will purchase Hitachi GST’s award-winning 2.5-inch and 3.5-inch HDDs for notebook and desktop PC applications respectively, capturing the business opportunities in the PC industry, especially in China. According to IDC 1, China’s PC market will rebound by 2010 with 16 percent year-over-year growth. Lenovo also leads the Asian PC market, controlling 16.9 percent of the market2.

“Our continuous worldwide partnership with Lenovo proves that Hitachi GST has been delivering reliable, best-in-class quality products and services,” said Mr. Robert Chu, vice president, Asia Pacific, Hitachi GST. “The MOU signifies the tight and strong partnership between Lenovo and Hitachi GST. More importantly it demonstrates our commitment in improving the trade-balance between China and the United States, which we are pleased to see.”

Mr. Wentao Yang, vice president of Global Commodity Procurement, Lenovo said, “Lenovo has a reputation for innovation, reliability and performance, and we require nothing less from our suppliers. We have a successful track record of integrating Hitachi hard disk drives into our award-winning desktops and notebooks, and are confident about our growth plan. We look forward to continuing our strong relationship with Hitachi.”

The signing ceremony in Washington D.C. was attended by Mr. Robert Chu and Mr. Wentao Yang at the “2009 U.S.-China Trade and Investment Cooperation Forum”, which was organized by the US Chamber of Commerce and China Chamber of Commerce for Import and Export of Machinery and Electronics Products.

Source: HitechiGST

Related posts

Motorola to release eight more smartphones until year’s end

Motorola to release eight more smartphones until year’s end

When we talk about smartphones we often mention just a few brands – Samsung, Apple, LG, Huawei, HTC and a few others. Well, we might soon mention one more manufacturer – Motorola – because the company has no fewer than eight smartphone models in the pipeline, set to appear by the end of this...

The MSI takes the Stage!

The MSI takes the Stage!

The world of notebooks is changing – far from being a handy aid for students who didn’t want to haul huge laptops around, today’s notebooks are now being used for gaming, and you won’t find a better gaming notebook than the MSI 3K Laptop. Having just debuted at the Computex Taipei event, the...

World of Warcraft: Cataclysm Closed Beta Launched by Blizzard Entertainment

Blizzard Entertainment announced that the closed-beta testing phase for the highly-anticipated expansion pack, World of Warcraft: Cataclysm, has launched. Issuing of participated players has already started. Accepted beta testers will be able to take a glimpse into the early stage of the game...

Leave a comment