VIA, Skycloud to Jointly Venture Into Cloud Computing

CENS Taiwan Economic News | by Ken Liu | December 17, 2010
Taipei, Dec. 17, 2010 (CENS)–VIA Technology Inc. and Skycloud Technology (China) Inc. will set up a joint venture in March in 2011 to develop and manufacture cloud-computing equipment for end users, according to Skycloud Chairman Tian Sounin.
Tian yesterday said that the joint venture will begin to produce cloud-computing equipment after making tablet PCs in the initial stage. The joint venture, he added, will be the first manufacturer of cloud computing equipment co-founded by industries on the two sides of the Taiwan Straits.
Tian noted that mainland China has included cloud-computing development in its 12th Five-Year Plan, setting to push for one mega cloud computing plan each in Beijing, Shanghai, Shenzhen, Wuxi and Nanjing in five years.
Of the five mega programs, the one for Beijing will cost at least RMB50 billion (US$7.5 billion at US$1:RMB6.6) in investment and create an industry revenue four times the investment costs. The one for Shanghai is also expected to create revenue the same size of the Beijing plan.
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