Lenovo to establish major PC and server factory in Saudi Arabia with $2 billion investment

What just happened? Lenovo Group has announced plans to establish a major PC and server assembly factory in Saudi Arabia. This decision marks a notable expansion of the company’s production capacity outside of China and into the Middle East, a region experiencing rapid technological growth.
The project, backed by a $2 billion investment from Alat, a subsidiary of Saudi Arabia’s Public Investment Fund, is expected to go into operation by 2026. Once operational, the facility is expected to employ thousands of workers and produce millions of PCs annually, positioning it as one of the largest high-tech manufacturing plants in the region and a significant player in the global computer production landscape.