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, firstname.lastname@example.org)
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