3Com Picks Singapore for its First Asia Pacific Rim Manufacturing Operations Center; Asia Pacific Rim's First Networking Plant.SINGAPORE--(BUSINESS WIRE)--Nov. 19, 1996--3Com Corporation (Nasdaq: COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ), the world's leader in manufacturing high volume networking products, today announced plans to invest $70 million in the first phase development of a manufacturing site in Singapore. The new manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. center, due to open in the first half of 1998, will be 3Com's first production site in the fast growing Asia Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. (APR APR See: Annual Percentage Rate ) region where it has already established a strong market presence through its network of 18 sales and support offices in 12 countries. The plant could employ up to 400 people by the year 2000. The plant will be the first in Singapore to manufacture networking equipment and will produce 3Com's full range of high-volume products from network adapter A printed circuit board that plugs into the bus of both user machines (clients) and servers in a local area network (LAN). Also commonly called a "network interface card" (NIC) or "LAN card," the network adapter transmits data onto the network and receives data from the network. cards for desktops through sophisticated enterprise systems. Driving the symbolic first structural beam into place, Eric Benhamou, 3Com's chairman and chief executive officer, said that the new factory was the latest and largest in a series of Asia Pacific Rim investments 3Com had been making since it formally established a regional presence in 1989. "3Com is the only global data networking systems vendor that has grown its manufacturing skills as a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"With more than 350 service, sales and support personnel in the APR region, and this initial manufacturing investment, 3Com is moving closer to its APR customers and demonstrating its strategic commitment to this fast growing region A growing region is an area suited by climate and soil conditions to the cultivation of a certain type of crop. Most crops are cultivated not in one place only, but in several distinct regions in diverse parts of the world. ," said Benhamou. Because the new facility will include approximately 30,000 square feet of space for materials and logistics management, 3Com will be well-positioned for rapidly fulfilling customer orders from the APR region when the new manufacturing operations center is complete. 3Com's long term customer support strategy includes further investment in hardware support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services , an interoperability and product testing laboratory and training facility. 3Com chose Singapore as the site for its new plant because of the country's superior infrastructure, including excellent transport and telecommunication facilities, an educated work force trained in advanced technologies, and its pro-business regulatory environment. 3Com Corporation has helped more than 40 million people gain access to critical information through high-speed networks. Designed to serve large enterprises, service providers, small offices and homes, 3Com products provide a scalable architecture to meet the present and future connectivity needs of today's users. With research and development on three continents, 3Com is one of the data networking industry's largest and fastest growing companies. 3Com's innovative manufacturing, marketing, sales and support simplify communication, optimize network reliability and protect customer investments. -0- Note to Editors: 3Com is a registered trademark of 3Com Corporation. CONTACT: 3Com Corporation David J. Abramson, 408/764-6621 Leslie Davis, 408/764-7187 |
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