ARMONK, N.Y., Feb. 29, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today announced the opening of the first-ever server remanufacturing center in China. The new center, located in Shenzhen, will help reduce the impact of e-waste on the environment by extending the life of older IT equipment that otherwise would go into landfills. IBM will also buy back select IBM Power Systems from clients as they upgrade to new IBM equipment.
The new facility expands IBM's global remanufacturing and refurbishment operations in Australia, Singapore, Japan, Brazil, Canada, France, Germany and the United States. The Shenzhen facility will initially remanufacture hundreds of mid-range IBM Power Systems, which are reconditioned, tested and certified using rigorous processes and original manufacturing standards, or rebuilt to meet specific customer requirements. The facility will rapidly expand to remanufacture 100,000 PCs and low-end and mid-range IBM and non-IBM servers per year by 2014.
"The demand for IT products in emerging markets is growing; however, not all businesses want to purchase new products," said Richard Dicks, General Manager - IBM Global Asset Recovery Services. "As the first IT provider licensed by the government to remanufacture servers on mainland China, IBM can help clients affordably acquire IBM Certified Pre-owned Equipment locally to supplement and support their IT operations while helping the environment."For nearly 30 years, IBM Global Asset Recovery Services has provided clients with an environmentally responsible approach to managing older and end-of-life IT equipment. IBM takes back IBM and non-IBM equipment at end of lease or when a client decides to upgrade in mid-lease. In addition to remanufacturing and certifying equipment, IBM Global Asset Recovery Services handles complete removal and dismantling of unwanted or end-of-life IT products, preventing on average 97 percent of the weight of equipment it processes from going into landfills.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV