Microsoft sees China, India competition in future

Iria · Oct 26, 2005, 11:07 PM

Microsoft Corp. (Nasdaq:MSFT - news) Chairman Bill Gates said on Wednesday the software giant faced growing competition from companies in China and India but, for now, the strength in those countries lies in software services.

Gates, on his first visit to Israel, said Israeli companies would also confront increased competition from China and India.

"There will be competitors for Microsoft and for Israeli companies coming out of those countries although today the success, particularly in India, has mostly been in the software services area, outsourcing work, doing call centers and things like that," Gates told a news conference.

In contrast, Israel, along with the United States, is focused on inventing new, patented products and software, he said.
___________
Read More / Source: SBC Yahoo! News

Oct 26, 2005, 11:07 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Microsoft sees China, India competition in future Microsoft Corp. (Nasdaq:MSFT - news) Chairman Bill Gates said on Wednesday the software giant faced growing competition from companies in China and India but, for now, the strength in those countries lies in software services. Gates, on his first visit to Israel, said Israeli companies would also confront increased competition from China and India. "There will be competitors for Microsoft and for Israeli companies coming out of those countries although today the success, particularly in India, has mostly been in the software services area, outsourcing work, doing call centers and things like that," Gates told a news conference. In contrast, Israel, along with the United States, is focused on inventing new, patented products and software, he said. ___________ Read More / Source: SBC Yahoo! News