Mar. 05, 2001

Arima Co. Ltd. remains confident of achieving its goal of selling two million notebook computers in 2001, despite insiders assessments of this being unrealistic, since Compaq, the company's long standing partner, handed a 30,000 unit order for new models to Quanta.

According to local sources, Arima's notebook computer shipment's in February surpassed 80,000 pieces and will reach 100,000 in March. In addition a new contract with NEC of Japan is expected to begin in April. Arima produced 50,000 units for Compaq and 20,000 for NEC in February.

Las October Panasonic handed orders for its all-in-one model to Arima. The partnership is still in an early stage and thus the OEM is manufacturing only a few thousand units of this model a month.

Arima shipped 1.5 million notebook computers last year. Construction of its Wujiang, Jiangsu province (China) notebook factory should be completed by June or July and operations start in August