Microsoft to Buy $700 Million of Chinese Hardware
A Reuters newswire article, via eWeek, report sthat:
Microsoft Corp. signed a deal with China on Wednesday to purchase $700 million of Chinese electronic hardware over the next five years, the latest move by the software giant in the fast-growing mainland market.More here.
Microsoft also agreed with the powerful National Development and Reform Commission (NDRC) to invest $200 million in Chinese software companies through joint ventures and partnerships, it said in a statement.
posted by Fergie @ 4/26/2006 08:24:00 AM
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