Venezolana de Industria Tecnológica breaks production record

Friday, July 1, 2011

PC maker Venezolana de Industria Tecnológica (VIT) has broken a production record with more than 60,000 computers assembled during the first half of this year, the science, technology and industry ministry's (MCTI) website reported.

From August, the company's goal will be to assemble 20,000 PCs a month and reach 130,000 by the end of 2011, science and technology minister Ricardo Menéndez said.

The company has an annual production capacity of 150,000 PCs, but the goal is to increase that figure to 170,000, the minister added.

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"We need to increase our production, but this is not to boost profits, rather to stock infocentros [internet centers] and schools... to bring this technology to the Venezuelan people and keep moving in favor of industrial and technological development," Menéndez said.

VIT was formed as a partnership between Venezuela's government and Chinese state-run hardware provider Lang Chao Group to produce computers in Venezuela, included in the "PC Bolivariana" program.

The company, launched in 2005 with an initial investment of US$20mn, assembles desktops and laptops.