Baku, Azerbaijan, Oct. 9
By Huseyn Valiyev – Trend:
Talks with Lenovo on starting production of computers in the Mingachevir branch of Azerbaijan’s High Tech Park LLC have not been successful, a source in Azerbaijan’s IT market told Trend.
The talks were conducted by H-Tech, a resident company in the Mingachevir branch of the High Tech Park, according to the source.
“The sides were unable to agree because of Lenovo’s pricing policy, which did not suit the local vendor,” the source noted, adding the negotiations were terminated because of this.
H-Tech presently assembles Acer laptops.
Current benefits provided by the High Tech Park – exemption from customs and tax duties – and discounted prices for accessories allow the company supply the market with products at a competitive price.
The assembly of Acer laptops was started with help of a loan from Azerbaijan’s State Fund for Development of Information Technologies. A soft loan in the amount of 1.2 million manats was allocated by PASHA Bank, which acts as an authorized agent of the Fund.
(1.7002 AZN = $1 on Oct. 9)