Tuesday, 02 January 2024 12:17 GMT

China's Inspur plans USD10m investments in US


Date:

(MENAFN) The major total solution and service provider of cloud computing in China, Inspur, said it plans to set up plans and research centers in California, US, Xinhua reported.

The Jinan-based China-listed IT firm said that it has plans to set up manufacturing plants and research and development centers in California for its server businesses.

The company will set up a fully-controlled subsidiary in British Virgin Islands and another one in the United States, and each investment will not exceed USD10 million, according to a filing.


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