Intel invests another $ 39 million in Shanghai
Shanghai: The world's leading chip maker Intel has announced that it will set up a research and development centre in Shanghai with an investment of $ 39 million. The 301,280 square feet facility will supplement Intel's existing production plant in Shanghai. Intel had said, earlier last week, that it had begun building a $ 375 million facility in China's south western Sichuan province.
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New licensing pact for Sun and Microsoft
San Fransisco: Sun Microsystems has said that it has given Microsoft a 10-year option to license its products for as much as $450 million. Under the agreement, Sun will not sue Microsoft for damages as long as Microsoft renews the deal and makes annual payments, according to a Sun spokesperson. Sun and Microsoft had issued a statement last week declaring that the companies had settled all outstanding litigation. Microsoft had said it would pay $700 million to resolve pending anti-trust issues and $900 million for patent issues.
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