RunCore to Build SSD Production Facility in Changsha, China
Investment estimated at RMB 200 million
This is a Press Release edited by StorageNewsletter.com on August 9, 2012 at 2:58 pmRunCore Innovation Technology Co., Ltd., supplier of SSDs, announces the latest move in its growth strategy.
The Hunan-based SSDs developer and manufacturer recently began construction of a new SSD production facility in Changsha’s Jinzhou New District in Hunan province.
The investment is estimated at RMB 200 million.
The new production facility will comprise of more the 360,000 square meters.
According to schedule, the first construction phase will be completed by the end of 2012 and then offer room for the first four new SSD production lines.
In this first phase RunCore will gain production capacity increase of 400,000 units a year, worth RMB 320 million.
Within three years, total annual production will be valuing a RMB 1 billion.