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Azerbaijan’s IT company resumes talks on assembly of Lenovo computers

ICT Materials 8 February 2018 17:38 (UTC +04:00)

Baku, Azerbaijan, Feb. 8

By Huseyn Valiyev - Trend:

H-Tech, a resident company in the Mingachevir branch of Azerbaijan’s High Tech Park LLC, has resumed talks with management of Lenovo company in Russia on assembly of the vendor’s computers in the Mingachevir branch of the High Tech Park, H-Tech company told Trend.

Lenovo management in Russia has recently changed and the negotiations are being held with the company’s new management, H-Tech company noted.

Earlier, the sides were unable to agree because of Lenovo’s pricing policy, which did not suit H-Tech.

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 started with the help of a loan from Azerbaijan’s State Fund for Development of Information Technologies. A preferential loan worth 1.2 million manats was allocated by PASHA Bank, which acts as an authorized agent of the Fund.

(1.7001 manats = $1 on Feb. 8)

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