The Digital Source For China's Tech Innovation Since 2000

Search
Close

EMC Will Increase Investment In China To US$1 Billion

November 5, 2007
Business

EMC says it will increase its investment in the Chinese market to US$1 billion over the next five years.

In June 2006, EMC announced plans to invest US$500 million in the Chinese market. The company plans to use the additional investment on expanding its research and development services in China and supporting its development in Chinese market over the next five years.

EMC has already set up the EMC China R&D Center in Beijing. The Beijing Center is said to be a good complement to the Shanghai Center, which was upgraded to a Center of Excellent in January 2007.

Joe Tucci, EMC's president and CEO, says that the increase of the additional investment shows the company's commitment to China's economic development and this once again emphasizes the importance of Chinese market to EMC's longterm growth.

Tags: Beijing | CEO | China | Chinese | development | Economy | EMC | investment | IT | president | research | research and development | Shanghai

Other Related News:

E-commerce Expansion: Gome Buys Stake In China's Coo8.com

December 14, 2010

UBS says the lows are not in, S&P 500 to fall to 3,200

November 8, 2022

[Doujinshi] [Nishida Megane] Genkaku Tsuma wa Chara Otoko ni Yowai (COMIC Shigekiteki SQUIRT!! Vol. 24) [Chinese] [Digital]

August 16, 2022

In Taiwan, Apple products labeled “made in China”

August 11, 2022

Hong Kong to propose regulating crypto exchanges

February 9, 2022

US Congresswoman deliberately uses name Republic of Taiwan on social media

November 30, 2021

US vows to defend space with Japan, deploy mobile Marines as China worries grow

January 12, 2023

Chongqing Government Shuts Down Internet Bar

April 9, 2004

In China showed dynamic electro a crossover 5 times cheaper than Tesla Motors Cars & Motorcycles

November 21, 2021
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter