Diebold to start local tablet production

- Tuesday, November 15, 2011

Diebold to start local tablet production

Diebold, a US provider of integrated self-service delivery and security systems and services, is planning to start producing tablets in Brazil, local paper Valor Econômico reported.

Local tablet production is set to start in 2012, after an initial 7mn reais (US$3.94mn) investment to adapt the company's premises in the country, according to the paper. Total investment for the first three years is expected to reach 11mn reais, with an estimated output of 145,200 units.

The company is planning to produce tablet in its existing facilities in the Manaus free trade zone, where Diebold is already manufacturing ATMs and safe deposit boxes, as well as other products.

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Diebold's goal is not to compete with companies such as Apple or Samsung in the consumer market, according to the report. Instead, the company is looking to the corporate market, offering tablets as an automation device.

The company's strategy will include developing specific applications and peripherals for each market segment, starting with the banking industry.