One-line news
June 17, 2011 Category One-line news
• Capgemini, Europe’s biggest IT and consulting service provider, is seeking merger and acquisition opportunities in China. Capgemini’s revenue in China will grow at least 20% year-on-year this year, Gilles Taldu, Capgemini’s head of new business, told Shanghai Daily. The company aims to expand in the Chinese market to compete with rivals like IBM and McKinsey. Capgemini entered China in 1997.
• Shanghai has established a complete radio frequency identification (RFID) industry chain, from chips to assembly and testing. RFID is widely used in urban infrastructure construction, transport, logistics, retail and other sectors. The city has established a special industry base in Zhangjiang and is offering favorable policies, according to Wang Dong, Director of the Shanghai Zhangjiang RFID Test Center and Professor at Shanghai Jiao Tong University.
• The Ministry of Industry and Information Technology (MIIT) issued a top-100 list of Chinese electronics and information technology companies, with Huawei in first place, followed by Legend Holding and Haier Group. The list is based on the companies’ revenue. The combined business revenues of the 100 companies totaled CNY1.5354 trillion in the past year, up more than 20% from the previous year.
• U.S.-based information technology research and advisory company Gartner aims to triple its revenue in the Chinese market to USD30 million by 2013, according to the company’s China President Daniel Shieh. The company aims to double sales in China this year and hopes the market will contribute more than 60% of its revenue in the Asia-Pacific region by 2013, up from the present 20%. Gartner expects to have up to 30 salespeople in China by the end of this year — a sevenfold increase over last year.
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