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ChinaSoft, Huawei establish joint venture in Xi'an
[April 08, 2012]

ChinaSoft, Huawei establish joint venture in Xi'an

XI'AN, Apr 08, 2012 (Xinhua via COMTEX) -- ChinaSoft International and Hua wei Technologies established a joint venture for software outsourcing service, and signed an agreement with Xi'an High-Tech Industries Devel opment Zone on Sunday to settle down here.

With a total registration capital of 100 billion yuan, th e joint venture will integrate the outsourcing service experience of C hinaSoft and mature quality and management practice of Huawei to const ruct a first-clase software outsourcing company.

The new firm is expected to rake in 3.6 billion yuan in o perating revenues after three years' operation, and offer 30,000 jobs.


(Edited by Luo Jingjing, luojj@xinhua.org)

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