Sat 17 May 2008

RSS Feed

Edited by Paul Hales

Published by Incisive Media Investments Ltd.

Terms and Conditions of use.

To advertise in Europe e-mail here

To advertise in Asia email here.

To advertise in North America email here.

Join the INQbot Mail List for a weekly guide to our news stories:

Subscribe

Microsoft's spends $280 million on an R&D facility in China

Eastern promise

THE VOLE HAS DECIDED to splash out $280 million on an R &D facility in mainland China, which will be the company’s biggest outside the US, to date.

Mighty-Soft purportedly wants to bring the number of full time Volish boffins to 3000 by 2010, adding to the current 1500 project based researchers already working in China.

The new research and development centre will be situated in Beijing's high-tech region of Zhongguancun, and according to Chinese news agency Xinhua, will encompass 101,000 square meters, enough space to eventually accommodate About 5,000 employees.

Zhang Yaqin, the Vole's mainland China chairman noted that "through investments such as this, we are building on our capabilities as one of Microsoft's key global R&D centers".

China is a fast growing market for Microsoft who’s founder and chairman, Bill Gates, had decided to build the new research center when he realised that overseas revenues had topped 60 per cent of the Vole’s total revenues in 2006, according to Yaqin

Analysts reckon that the fact the Vole is shelling out for such a big R& D facility in China, shows just how much confidence they have in the country’s developing software market.

Zhongguancun, where the research centre will be located has already been dubbed Beijing's "Silicon Valley," and was already approved as China’s first national level high-tech industrial development zone by the Communist government back in 1988.

There are already thousands of high tech companies, hundreds of scientific institutes and some 40 universities scattered around the area, so the Vole will find itself in good company. µ

L’Inq
Xinhua

Comments

Correction

Micr0$uck's China R&D center has NOTHING to do with market penetration in China, it has everything to do with CHEAP LABOR. China is quite anti-Vole, and that won't change any time soon.

Don't you remember ol' Slick Willy's pissing and moaning about how much the S/W developers in the US made? He scolded them and told them that they deserved MUCH less of his damn $$$, thank you very.

Jim
posted by : Jim, 08 May 2008
IThound
Search for solutions, reports & analysis

Newsletter signup