News

Nautilus Hyosung considering new plant in China

October 25, 2011

According to the Korea Herald, Nautilus Hyosung Inc. is considering building a new plant in China.

The company's Chinese subsidiary, Beijing Hyosung Computer Technology Co., is looking at an industrial zone in Weihai, a city in eastern Shandong Province.

Moon Ji-hyuk, head of the Beijing operations, visited Weihai Torch Hi-Tech Science Park, one of the three industrial zones in the city, along with the Weihai Economic and Technological Development Zone and the Weihai Export Processing Zone, according to the article.

Beijing Hyosung Computer Technology Co. was established in January 1997 and provides banking equipment in China. Since 2001, it has been operating an ATM manufacturing plant in Beijing.

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