17th December, China Electronics Technology Group Corporation and Microsoft announced that the two parties will establish a joint venture to develop local operating systems in China.
After the signing of the JV memorandum of understanding, Microsoft will support the JV's development of customized operating systems and help existing Windows clients, including government and professional users, move to future customized solutions. In the future, the JV will be committed to establishing local operating system development and service capacities and provide Chinese government and state-owned enterprise users with secure and controllable operating system products and services based on Microsoft's OS technologies.
Wang Xiujun, Deputy Director of the state Internet information office, Lin Nianxiu, the vice chairman of the NDRC, Chen Zhaoxiong, the vice minister, Fan Youshan, CETC president, Zuo Qunsheng, CETC vice president, Wu Manqing, CETC Chief engineer, He Lebin, Microsoft Senior vice President of the Greater China CEO and Chen Shi, Microsoft vice President, all is as the witness this historic moment to sign the JV by Chen Ximing, CETC director with Microsoft Mr David Kaefer.
From April in 2015, two parties open the several meetings to corporate each other. In September, during the U.S. –China Internet Industry Forum, CETC Chairman, Xiong Qunli meets with Spyglass Mosaic, Microsoft CEO. Open the new corporation page, signing the JV officially.
With registered capital of USD40 million, the new joint venture is 51% owned by CETC and 49% owned by Microsoft.
In addition, China also becomes the first country in the world to cooperate with Microsoft in promoting the use of Windows 10 operating system technologies in key sectors of local markets.
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