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Old 06-18-2007, 10:45 PM   #1
dialog_gvf dialog_gvf is offline
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Default Microsoft to buy stake in Chinese electronics/appliances company
Microsoft to buy stake in China's Sichuan Changhong

Quote:
Microsoft Corp has agreed to pay 94 million yuan ($12.3 million) for a stake in Sichuan Changhong Electric Co., a major maker of televisions and electrical appliances, the Chinese company said on Monday.

The two companies will cooperate to develop, make and market TVs, computers and other digital home-entertainment products, Sichuan Changhong said.
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