Quanta Storage adds to investment in China subsidiary

Optical Storage Oct 25,2004 0

According to DigiTimes, Quanta Storage on October 19 announced additional investment of US$18 million in its China subsidiary, Quanta Storage (Shanghai). With the investment, the subsidiarys paid-in capital will increase from US$12 million to US$30 million. Currently, the subsidiary is Quanta Storages only production base and only investment project in China. In addition to ODDs, the subsidiary produces optical instruments and related components.

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