Microsoft and Lenovo to Set Up R&D Center

The China Economic Review reports:

Software producer Microsoft said on Wednesday that it would set up a multimillion-dollar research and development center in Beijing in partnership with Lenovo, the domestic computer manufacturer. The announcement came as Bill Gates, company chairman, arrived in the Chinese capital on a four-day visit, the Wall Street Journal reported. Each company will hold a 50% share in the center, which will be located at Lenovo's corporate base.

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http://www.chinaeconomicreview.com/dailybriefing/info/Microsoft_Lenovo_to_partner_in_RandD_center.html