Africa Gates: Investing in China requires extra care

Source: Internet
Author: User
Keywords Entrepreneurship venture capital entrepreneurial information digging the shell net
Ubuntu and Haier strategic cooperation NetEase Technology June 22 The founder of Ubuntu, "Africa gates," said Shuttleworth today announced the hand of China Haier, officially launched its Linux OEM project in China. In the future, Haier exports overseas PCs will be part of the product pre-installed Ubuntu system. For this and Ubuntu strategic cooperation, Haier Product Development Center General Manager Mr. Ma Jiangwei said: "In the export of Haier Computer pre-installed Linux system, is due to the overseas market demand, and now more and more countries in our PC pre-installed open source software, This is why Haier chose Ubuntu strategic cooperation. Linux has grown rapidly in China in recent years, with more and more government agencies and industry organizations becoming users of Linux. IDC's "China Linux market 2005-2009 Forecast and analysis" pointed out that by 2009 China's Linux market size will be 23.9% of the combined growth rate of high-speed growth. But the Ubuntu China OEM project seems to have no intention of China's domestic market, mainly focused on the Chinese PC manufacturer's export products to cooperate. Shuttleworth said, "China has enough Linux manufacturers to provide services to local users, Ubuntu will only take the form of local Linux manufacturers to enter into China in the short term." "Compared to Ubuntu, China's Linux manufacturers have more localization advantages, they know more about Chinese users, Haier is more closely related to domestic users and local suppliers," said Ma Jiangwei. Instead, Ubuntu is a global open-source software that better grasps the international market. In the original plan, the participation in the Ubuntu China OEM Project's seven-happy did not appear at the conference site, causing the industry about the seven-happy halfway out of the OEM project speculation. Canonical company responded, "Because seven pleased general manager travels outside, therefore cannot participate in today's media conference." "The 33-Year-old South African millionaire, Shuttleworth, has earned 700 million dollars by starting IT companies at the age of 26, known as Bill Gates in Africa," he said. At the same time, Shuttleworth is the founder of South Africa's renowned venture capital firm Hbd, who sits on a 1 billion-dollar venture capital fund, which currently covers software, pharmaceutical services, electronics and mobile phone services. Shuttleworth to NetEase technology, "HBD is currently focusing on the Asian-African market, and has been commissioned by China's investment agencies to China's led, gold, lighting and other projects to carry out more than tens of millions of dollars in investment, but China's current rapid economic growth situation has lasted too long, there are greater risks, So make investment decisions with extra caution and caution.
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.