Lenovo + Dresden

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(1) Loretta Chao, Lenovo's Profit Soars Amid Strength in China; Stronger Chinese currency, lower component costs aid PC maker. Wall Street Journal, Feb 18, 2011.
http://online.wsj.com/article/SB10001424052748704171004576149302982035420.html

Quote:

"Lenovo said 46% of its global sales in the latest quarter came from its home market, where research firm IDC said the company's share of unit shipments reached a record high of 32% in the quarter * * *  Acer Inc. [teamed up last year with] Chinese computer maker Founder Technology Group Corp. According to IDC, the new partners' combined shipments made them Lenovo's biggest competitor in China in the last quarter, with 8% of the market

"Lenovo's revenue from emerging markets excluding China was up 34% from a year earlier, to $1.1 billion—19% of the company total. Still, it remains unclear whether fast growth in those markets will translate to profits. Lenovo lost $13 million in those emerging markets outside of China


(2) Larry Rulison, For insight, German lessons; GlobalFoundries spokesman says Dresden plant is model for impact on Capital Region. Time Union (Albany), Feb 18, 2011.
http://www.timesunion.com/business/article/For-insight-German-lessons-1019039.php
(GlobalFoundries communications director Travis "Bullard said that when AMD was planning its first factory in Dresden, it forecast 1,430 jobs. Now it has 3,000 employees at the site. AMD had originally planned to invest $1.9 billion at Dresden, and today the investment totals more than $7 billion")

Note:
(a) Latham is a hamlet in the town of Colonie, Albany County, New York state.
http://en.wikipedia.org/wiki/Latham,_New_York
(b) The construction site, at Malta, New York, is about 18-mile air distance due north of Albany, New York.
(c) "Dresden is the capital city of the Free State of Saxony in Germany."
http://en.wikipedia.org/wiki/Dresden

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