Tag: Information Technology

Extending Your Web Business Into China

The explosive growth of Chinese online consumers provide tremendous market potential, however companies must learn to navigate the country’s spotty network inter-connectivity, dispersion of consumers across vast geographies, and daunting rules and regulations for delivering online content into China.

/ April 29, 2016

Chinese Conglomerate Acquires Ingram Micro for $6 Billion

Shuang Shan In the largest Chinese acquisition of a US IT company ever, aviation and logistics conglomerate HNA Group bought technology distributor Ingram Micro Inc. for $6 billion in cash on Wednesday. Tianjin Tianhai Investment Co Ltd, a unit of...

/ February 19, 2016

Chinese Buyers Acquire Opera Software for $1.2 Billion

Shuang Shan A group of Chinese companies, led by Internet security firm Qihoo 360 Technology, offered to acquire Norwegian company Opera Software ASA for a total of $1.2 billion on Wednesday. Opera Software produces Opera Web Browser, the sixth most...

/ February 12, 2016

Alibaba Opens Second US Data Center in Billion Dollar Cloud Investment

Shuang Shan Alibaba Group Holding Limited’s cloud computing arm AliCloud opened its second Silicon Valley data center on October 9 as part of the e-commerce giant’s billion-dollar investment in its cloud computing business. The data center will help Chinese companies...

/ October 16, 2015

Tsinghua Buys 15 Percent Stake in Western Digital for $3.78 Billion

Shuang Shan Tsinghua Unisplendour Co Ltd (Unis) announced on Wednesday that it invested $3.78 billion in Western Digital Corp, purchasing a 15 percent stake (which it must hold for five years) at a premium price of $92.50—33 percent higher than...

/ October 2, 2015

IBM Teams up with Beijing to Map Air Pollution

By Andrew Gong International Business Machines (IBM) Corp. announced Monday that it has signed a contract with the Beijing Municipal government to help curb the capital’s air pollution. The agreement is part of IBM’s “Green Horizon” initiative, a 10-year program...

/ July 9, 2014

Smart City Development in China

Officials are turning to technology to improve efficiency and tackle problems in urban China. By Don Johnson The next time you visit Zhenjiang, Jiangsu, don’t forget to visit the app store first. In this historic Yangtze River city near Suzhou,...

/ June 17, 2014

Government Provides Clues into China’s Foreign Investment Plans for Strategic Industries

by Kyle Sullivan PRC leaders recently shed light on how China intends to incorporate foreign investment into its goals for developing strategic emerging industries. A mix of seven high-tech sectors, the strategic emerging industries (SEIs) will account for roughly eight...

/ January 1, 2012