HP plans to build millions of computers in Saudi
Saudi Arabia is investing heavily to develop an electronics manufacturing industry as part of its plan to diversify the economy, create jobs, and boost non-oil exports.One of the key planks of that plan has been the creation of ALAT, a $100 billion PIF-controlled company that has already signed a deal with China’s Lenovo to build PCs in the kingdom. ALAT’s partnership with Lenovo, which included a $2 billion investment in the Chinese technology company, is expected to start production in 2026.Th...
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