IBM to set up development centres in India, China (Reuters)

[OhioChick]

Tue Oct 31, 2006 1:49am ET

MUMBAI, Oct 31 (Reuters) - IBM (IBM.N: Quote, Profile, Research), the world's largest computer services company, said on Tuesday it would set up two new IT solutions centres in India and China, underscoring the Asian countries' growing importance as a hub for outsourcing.

The new centres, in the Chinese capital of Beijing and Pune in western India, will each employ 500 people, Jeby Cherian, director of IBM's global business solutions centre, told Reuters in a phone interview from Bangalore.

Earlier in October, IBM relocated its global procurement headquarters to Shenzhen in southern China. The company has also made India a global delivery hub for software needs and client services.

http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-10-31T064909Z_01_BMA000151_RTRIDST_0_TECH-INDIA-IBM-URGENT.XML&rpc=66&type=qcna

[MannyGoldstein]

1. Thanks Big Dawg!!! You're The Greatest!!

HW Bush got the "free" trade with China ball rolling, but it was the Big Dawg that really blew the doors open on all fronts!!! On behalf of all of the engineers that will be sodomized by IBM's moves, I'd like to thank the Big Dawg!!! A huge batch of fucked engineers is a small, small price to pay to help your high-finance buddies, no?

[antigop]

2. Precisely why I am not a Clinton fan

Too many jobs lost through outsourcing.........

[Javaman]

3. India Business Machine...nt