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| Monday, October 06, 2008 22:53:40 |
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June 26, 2007
SAS Institute Inc – the world’s largest closely held software company – has forecast that Asia will account for 25% of its business by 2017, up from 10% today, due largely to demand in China and India, the China Business News reported. The company’s products, which include software that simulates sales patterns, sell well in rapidly-expanding Asian markets such as China, Singapore, India, and the Philippines.
June 25, 2007
China’s third largest portal Sohu.com said it would let its 8 million blog users upload and share videos, the China Business News reported. The portal currently just allows text and audio clips to be uploaded. The company is hoping to emulate Sina.com – China’s top portal and blog site – which has collaborated with China Telecom – China’s largest broadband provider – to create a platform for video sharing called Sina-Vnet Podcast. Over 76 million netizens in China watched or uploaded video clips to video-sharing sites in 2006, the Internet Society of China said. It also predicted the number of video-sharing users will surge 40% each year over the coming three years.
June 22, 2007
The northeastern port city Dalian wants to become an internationally leading software and outsourcing service provider, China Business News reported. “Dalian has a similar environment and infrastructure facilities as some developed countries do,” Xia Deren, the city’s mayor, said. “We believe Intel’s recent announcement it would invest US$2.5 billion in a chip project in the city will further the development of the software and outsourcing sectors and make the city more competitive.” Xia said Dalian’s software industry was worth nearly US$2 billion in 2006, including US$450 million in exports. 230 of the city’s 620 software firms are foreign owned, including 33 listed among the world’s top 500 companies by Fortune magazine. Xia added that the city needed to attract 15,000 new software employees every year to meet demand. |
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