IBM will actively share technology with Chinese companies to help build IT industry in China

NetEase technology News March 24, according to foreign media reports, IBM CEO Virginia Rometty in Beijing in Monday, will actively share technology with Chinese companies and help build China's own IT industry. At present, because of China's technology transfer policy, all foreign companies have been hit by a small blow.

At the China Development Summit in Beijing, IBM said the company must help China build its IT industry, not just as a sales market or a production base. "If you have 1.3 billion people in a country, you will certainly want to build your IT industry," says Rometty. Some companies may feel terrible. However, we IBM feel that this is a good opportunity. ”

Rometty is by far the most explicit of all foreign executives. If we are to survive the political pressures of China's continued growth, we must adopt different strategies. IBM's current decline in performance is perhaps an important reason for IBM to embrace China's thighs. At present, IBM's revenue in China has become more stable, after the prism door burst in the third quarter of 2013, IBM's sales in China have fallen sharply. IBM's earnings in the fourth quarter of 2014 showed that while net profits in China continued to slide, fourth-quarter revenues remained flat only 1% per cent year-on-year.

Many of the U.S. technology companies operating in China have teamed up with Chinese technology companies, hoping to work with local companies to ease the growing living environment. China has been promoting the localization of High-tech products and reducing the use of foreign technology, as the former NSA employee, Edward Snowden, leaked information about the US's network monitoring.

IBM's new strategy will be to share with Chinese companies including semiconductor chips, IBM-based servers, and software systems that run on these machines. Last week, IBM said that Suzhou's Zhongsheng Technology Co., Ltd. will start producing IBM's Power8 chips to serve Chinese-made servers. Its power processor products are often used in computing-intensive financial services. At present, new government regulations require Chinese banks to use more domestic manufacturers ' products.

In addition, the US company has announced a series of partnerships with Chinese manufacturers. This includes working with the wave on the database software and reaching a cooperation agreement with a beijing-based software company.

However, similar efforts are being made by other manufacturers. Guibing, president of SAP's Greater China region, said in October that the company was committed to becoming a "complementary enterprise in the Chinese market". Through Lenovo and Huawei's hardware to sell its software products. (John)