Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Technology & Telecom Tools: Save | Print | E-mail | Most Read | Comment
Intel software support center kicks off
Adjust font size:

Intel Corporation, the top global chipmaker, opened a software innovation and support center in this capital city of East China's Zhejiang Province yesterday as part of its efforts to tap the nation's fast expanding software industry.


With IT expenditure of $43.9 billion and an annual growth rate of 27 percent in software spending, China's PC industry is a prime market for the chipmaker.


Intel Capital, its global investment arm, announced yesterday an investment of $10.5 million in a local industrial automation technology provider.


The investment will help Zhejiang Supcon Technology Co, a subsidiary of Hangzhou-based Supcon Group, further penetrate the market and enhance its ability to provide automation solutions worldwide.


Announcing its plan to build a $2.5 billion semiconductor plant in the northeastern city of Dalian, earlier this year, Intel became one of the largest foreign investors in China and raised its total investment in the country to nearly $4 billion.


"Being close to customers and partners in China is one of our top priorities," said the company's global CEO Paul Otellini in Hangzhou yesterday.


Zhejiang Province, which produces 10,000 software graduates every year and is home to approximately 1,000 software companies, is an example of a perfect software innovation hub, he said.


The innovation and support center is expected to become one of the largest software testing and validating centers in Asia.


(China Daily November 1, 2007)


Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- Intel Begins Work on $2.5b Chip Factory
- Intel to Upgrade Dalian Plant
- Intel Announces US$2.5 Bln Project in China
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号