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Apr 26, 2006, 04:00 PM
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hunter of tablets
Join Date: Apr 2005
Location: spread all over my keyboard..
Posts: 6,875
Rep Power: 304   
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Microsoft lays out $900 million in Chinese investments
Read more / source: CNET News
__________ Microsoft signed a deal with China on Wednesday to purchase $700 million of Chinese electronics hardware over the next five years, the latest move by the software giant in the fast-growing mainland market. The software giant also agreed with the powerful National Development and Reform Commission to invest $200 million in Chinese software companies through joint ventures and partnerships, it said in a statement. “NDRC will support Microsoft in expanding investments in China’s software companies and enhancing technical cooperation, training, software outsourcing and hardware procurement over the next five years,” the statement said.
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