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Nikkei BP AsiaBizTech
was formerly called

  • Founder Eyes Int'l PC Market in 1998
  • January 13, 1998 (BEIJING) -- The Beijing University Founder Group Corp., one of China's major manufacturers of computer hardware and software, plans to take bigger strides into the global market during 1998.

    According to Founder President Wang Xuan, the company scored notable success in exploring foreign markets in 1997, with its product line, including printing software and computer monitors, selling well overseas.

    In 1997, Founder sold software valued at US$3 million to Japanese printing companies, with its graphics processors being sold to Hong Kong, Taiwan, Malaysia and Japan.

    Some 60 percent of two million monitors that it made in 1997 were exported to foreign countries.

    Wang said in 1998 the company will try to increase exports of graphic processors to North America.

    The company achieved a 1997 sales volume of close to RMB6 billion (US$723 million), up 50 percent over the previous year. He said his company will spend 4-5 percent of its annual earnings on new product development.

    (Xinhua News Agency)

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    Updated: Mon Jan 12 19:15:52 1998