Lenovo announces plans to establish its new MEA HQ in Saudi Arabia
It will manufacture “millions” of PCs and servers in a new plant
Financial performance is strong with Lenovo revenues rising
Lenovo and Saudi Public Investment Fund company Alat have confirmed the completion of their $2 billion investment to “accelerate [Lenovo’s] ongoing transformation” by “[enhancing] its global presence.”
More specifically, Lenovo will invest across supply chain, technology and manufacturing in Saudi Arabia with the hope of generating 1,000 new jobs in the region.
