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Toshiba's New PC Factory in China Starts its Operation

1 April, 2003

Toshiba Information Equipment (Hangzhou) Co., Ltd.

Tokyo--Toshiba Corporation today announced the start of operations at Toshiba Information Equipment (Hangzhou) Co., Ltd., the company's new portable PC manufacturing facility in China.

Established in June 2002, Toshiba Information Equipment (Hangzhou) Co., Ltd. is expected to manufacture 750,000 portable PCs in fiscal year 2003, and to boost its annual capacity into the 2-million-unit range in future. The company will also extend its activities to embrace development and design and technical support.

The opening of the new Chinese facility puts in place the last element of Toshiba's global manufacturing and logistics system for portable PCs. Within this, Ome Complex in Tokyo is positioned as the core facility, the main development center for products and manufacturing technology, and for procurement, while facilities in China the Philippines, the U.S. and Germany handle production.

This integrated global organization will support Toshiba in its strategy of delivering competitive, differentiated products to market ahead of its competitors.

Outlines of New Factory in China

Company Name Toshiba Information Equipment (Hangzhou) Co., Ltd.
Capital approximately 1,350 million yen (Toshiba Corporation 90%; Toshiba China Co., Ltd. 10%)
Address Hangzhou, Zhejiang, China
Established June 2002
President Manabu Saito
Site area approximately 60,000m2
Capacity 750,000 units in FY2003
Employees approximately 1,700 at the end of FY2003
Business production, sales, development and design, and technical support of computers, peripheral equipment and components

Information in the press releases, including product prices and specifications, content of services and contact information, is current on the date of the press announcement,but is subject to change without prior notice.

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