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Monday, October 25, 2004
Quanta Storage adds to investment in China subsidiary

According to DigiTimes, Quanta Storage on October 19 announced additional investment of US$18 million in its China subsidiary, Quanta Storage (Shanghai).

With the investment, the subsidiary?s paid-in capital will increase from US$12 million to US$30 million. Currently, the subsidiary is Quanta Storage?s only production base and only investment project in China. In addition to ODDs, the subsidiary produces optical instruments and related components.

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