Gloomy Global Tech Sector Gets Boost From China
Posted by Kheldar on 19 October 2001 - 14:58 · no comments & 76 views
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The axe has swung on about 140,000 tech jobs around the world this year as a sickly global economy has compounded brutal price competition, forcing firms to find ways to slash costs.
But the huge potential of China's domestic market -- not to mention its low cost base -- attracted both HP and Microsoft, which unveiled plans to expand their software operations during a high-profile international business conference in Shanghai.
"We continue to increase our resources here in China," Microsoft Chairman Bill Gates told a news conference after the world's dominant software firm said it would create 300 new jobs at its Shanghai technical center and set up a new joint venture.
"I'm very pleased with how Microsoft China is developing... our commitment to the market and our confidence in the market is clearer today than it's ever been," he said.
"The market's going to grow, has shown nice growth every year, but it's really based on the 10-year picture that explains a lot of our attention (to China)," Gates added.
"Customer satisfaction is a fundamental priority for us as we pursue the Xbox business," said Bill Norman, vice president, Microsoft Worldwide Operations. "We are pleased to be working with a world-class partner such as Solectron to meet the repair and refurbishment needs of our Xbox customers. I have been impressed with the talent and level of commitment that Solectron has displayed as we have designed our supply-chain and information-related requirements. I look forward to a strong and mutually beneficial relationship as we build the Xbox business."
Solectron Global Services provides a full range of after-sales services, including: product repair, upgrades, re-manufacturing and maintenance through factory and fast-depot repair service centers located around the world; help-desk support through end-user call-in centers; logistics and parts management; asset recovery; returns processing; warehousing; engineering change management and end-of-life manufacturing. Solectron Global Services has 14 sites on five continents.