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Microsoft to invest $1 Billion in China


Friday, November 14, 2008

Microsoft said it will spend more than $1 billion in China over the next three years on research and development.

The research spending does not include the $300 million the company has already committed to build a new research and development facility in Beijing, said Zhang Yaqin, chairman of China Research and Development for Microsoft.

Even before the new investment China represented one of Microsoft's largest research and development areas, trailing only the United States.

Previously Microsoft had said it would invest $100 million in Chinese software companies and provide another $100 million in software development services and projects.

By: DocMemory
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