Microsoft to spend $1b to stimulate R&D
November 19th, 2008
Microsoft, the software giant, said it will spend $1 billion on research and development (R&D) in China over the next three years, which is to ensure its long-term investment after the company’s anti-piracy policy that made many users in the country angry.
According to Zhang Yaqin, chairman of China Research and Development for Microsoft, the spending is mainly focused on staffing and resources for R&D, not including the $300 million spent on its new Read more…
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