Microsoft to invest US$100m in China over five years
(Xinhua)
Updated: 2006-09-29 14:40
U.S. computer giant Microsoft plans to invest 100 million U.S. dollars in
China over the next five years, said Microsoft China chief executive Chen
Yongzheng on Wednesday.
The investment plan was widely regarded as a reward for China's anti-piracy
efforts. The U.S. company has already invested 65 million dollars in three
Chinese software enterprises this year.
China Business News reported sales of personal computers installed with
authorized software systems rose from 25 percent in the last quarter of 2005 to
48 percent in the first quarter of this year in China.
This was partly due to Microsoft's two-billion-dollar purchasing contract
with Chinese PC producers Lenovo, Tsinghua Tongfang, Fangzheng and TCL early
this year.
The banning of sales of PCs installed with non-authorized operating systems
by China in April also played an important role in this regard.
Microsoft awarded Microsoft China the title of "best subsidiary company" this
year, the report said.
Microsoft China has 1,000 staff engaged in research and development and the
figure will rise to 3,000 in five years. (For more biz stories, please visit Industry Updates)
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