H-P: New PC Hub Not a Foxconn JV
Published: 06 August 2009
by Mike Buetow
PALO ALTO, CA -- Hewlett-Packard denied reports it would partner with Foxconn (Hon Hai) to develop a laptop PC manufacturing hub in Chongqing, China.
The world's largest computer maker said it was collaborating with the Chongqing government, not Foxconn, but declined further details.
Earlier this week, the South China Morning Post had reported the two companies would invest $3 billion in the hub.
