Rock Hsu, chairman of Taiwan's Kinpo Group, has announced that the group's Compal Electronics will set up a new notebook computer manufacturing base in Chongqing by 2011.
According to reports in Taiwanese local media, with the entry of Compal, Chongqing has already attracted four Taiwanese leading notebook foundries, including Hon Hai, Quanta, Inventec, and Compal, making the city the second-largest notebook manufacturing base on the Chinese mainland, second to the East China area.
Hsu also revealed that the scale of its new manufacturing base in Chongqing will be smaller than its existing plant in Kunshan, which will still be Compal's manufacturing base camp.
He said that Kinpo Group will stick to its strategy to decentralize its production capacity and to distribute in Europe, Central and South America, and Southeast Asia. In addition, its subsidiary in Thailand, Cal-Comp Electronics and Communications Company Limited, will double its production capacity; Kinpo also plans to establish plants in Brazil and the U.S.; and the group's power supply subsidiary Acbel Polytec Inc. will set up branch in Europe.