(Nikkei BP Group)
(No.1 High Tech News Site in Japanese)
| Lucent Tech to Invest in Beijing Software Center
July 29, 1998 (BEIJING) -- Lucent Technologies Inc. of the United States
will invest RMB200 million (US$23.8 million) in Beijing's Asia Pacific
Communications Software Regional Technology Center over the next three
years, said Carl Hsu, president of Lucent's Communications Software
|The center is part of China's effort to utilize foreign expertise to
improve its software industry, and it will hire 200 local experts to
develop large software systems.
Hsu said that China needs management technology and expertise to develop
large-scale software systems.
He noted that although the country has some of the world's top software
writers, most Chinese software companies have failed to develop large
China has more than 5,000 software companies, and most of them are small.
Software sales in China amounted to RMB11 billion in 1997, with foreign
products accounting for 70 percent.
Software developers like Microsoft Corp., IBM Corp. and Lucent are suppliers
of system software to the country's transport, telecommunications, banking
and education sectors.
China has designated the software industry as a major pillar of its economy
and directed resources into a Chinese operating system, support systems
and various software applications. The country also is sponsoring the
first copyright software engineering system to provide state-of-the-art
tools for Chinese software developers.
(Xinhua News Agency)