Sunday, February 26, 2006

Lenovo's Outsourcing Volume From Microsoft Will Reach RMB10 Billion

Via ChinaTechNews.com.

Yang Yuanqing, chairman of the board of Lenovo Group, estimates that Lenovo will purchase RMB1.2 billion [US$149.2M] worth of operating system from Microsoft for its China market, and a total of RMB10 billion [US$1.24B] for the global market this year.

Yang said the large outsourcing volume was a milestone in the China-US economic cooperation and it also showed Chinese enterprises' strong determination in respecting and protecting intellectual property rights.

Right -- whatever. More here.

posted by Fergie @ 2/26/2006 02:39:00 PM

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