日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service


Hot Links
China Development Gateway
Chinese Embassies

NEC Takes 6% Stake in SinoCom for Software Development
Japanese IT giant NEC strategically lined-up with fledgling Chinese counterpart SinoCom Wednesday by investing HK$12 million (US$1.5 million) in the software developer.

NEC's move, which also involved its wholly owned subsidiary NEC Soft Ltd, is an encouraging sign for China's software developers in the aftermath of the global software market downturn.

According to the deal, NEC and NEC Soft both injected HK$6 million (US$769,280) for an aggregate 6 percent stake in SinoCom.

The fund will be mainly used to finance SinoCom's business expansion in software outsourcing development in the Japanese market.

More than 90 percent of the company's software outsourcing business floods to Japan, a country that has strong cultural links with China, which is billed as one of the advantages for the Chinese software developers.

NEC will overweight on Chinese companies like SinoCom, which are low in cost but high and stable in quality, said Toshio Morita, general manager of NEC's overseas System Integration Department.

"After the tie-up, our outsourcing turnover from our Beijing branch to the Japanese market will jump to more than 1 billion yen (US$8.04 million) from 700 million yen (US$5.63 million) in 2001, and the total turnover will be between 1.2 to 1.3 billion yen (US$9.65 to US$10.46 million)," company Chairman Wang Zhiqiang said yesterday.

The seven-year-old Beijing-based software developer is also planning an overseas listing within a year.

"We hope we could file an initial public offering on a market that has a Chinese cultural background," said Wang, when answering whether the company will select Tokyo or Hong Kong as the overseas listing venue.

But he said the amount of funds the company wants to raise and the total amount of shares that are to be issued are still being reviewed by its foreign underwriters.

Apart from the Japanese market, the company is planning to further extend its reach into the European and US markets, which is mostly monopolized by Indian software developers.

Prior to yesterday's move, NEC and NEC Soft had already injected 18 million yen (US$144,851) in 2000 into SinoCom's Japan operations to acquire a 49 per cent stake.

"Our major concern today is to expand our business to a higher platform to major markets in the world," said Wang Xubing, president of the company, whose major business arena ranges from software development to system integrations for banking, securities and telecom companies.

(China Daily October 10, 2002)

Software Growth Forecast
Foreign Software Companies Move Into Shanghai
Software Industry to Reach 250 Billion Yuan by 2005
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 怀安县| 安义县| 乐山市| 徐州市| 米泉市| 鹤山市| 长治县| 蓬安县| 榕江县| 阜新| 柘荣县| 余庆县| 岱山县| 兴安县| 黎川县| 大兴区| 新乡市| 台南县| 潮安县| 天峻县| 林甸县| 叶城县| 瓮安县| 清苑县| 苍南县| 济阳县| 林西县| 同心县| 旺苍县| 隆回县| 瓦房店市| 临猗县| 麟游县| 定安县| 威海市| 红河县| 淮北市| 永城市| 定边县| 大田县| 潞西市|