Comment Chinese Acad of Science: Legend: Lenova (Score 1) 576
This is what "private sector" Legend/Lenova is doing in its spare time. Profitablity in the commercial sector subsidizes its R&D and production for Chinese military.
Wall Street Journal from this summer
"At the same time, PLA modernization got a boost from the rapidly growing free-market economy and increasingly competitive industries. Huge, newly equipped shipyards are churning out so many destroyers, frigates and landing vessels -- as well as 10% of the world's commercial shipping vessels -- that the head of China's leading shipbuilder says he tells managers not to seek out military contracts. "We just can't manage it all," says Chen Xiaojin, president of China State Shipbuilding Corp., a state-owned company.
Legend, a computer maker spun off from the Chinese Academy of Sciences in 1984 -- and now named Lenovo Group Ltd. -- last year unveiled a new supercomputer, DeepComp 6800, for military use, according to a person familiar with the arrangement. A senior executive at leading software maker Neusoft Group Ltd. says it is working with the PLA on a satellite-based navigation system -- the kind the U.S. military uses to track special forces and steer missiles. The PLA is also canvassing leading Chinese mobile-phone makers about building specialized handsets, according to two industry consultants.
Huawei, the maker of communications equipment, is a private company with an overtly militaristic feel. Its founder and current general manager, Ren Zhengfei, spent 10 years in the army. New Huawei employees, mostly recent university graduates, are sent to a month- long boot camp and PLA songs such as "Unity is Strength" are commonly sung at company gatherings."
Wall Street Journal from this summer
"At the same time, PLA modernization got a boost from the rapidly growing free-market economy and increasingly competitive industries. Huge, newly equipped shipyards are churning out so many destroyers, frigates and landing vessels -- as well as 10% of the world's commercial shipping vessels -- that the head of China's leading shipbuilder says he tells managers not to seek out military contracts. "We just can't manage it all," says Chen Xiaojin, president of China State Shipbuilding Corp., a state-owned company.
Legend, a computer maker spun off from the Chinese Academy of Sciences in 1984 -- and now named Lenovo Group Ltd. -- last year unveiled a new supercomputer, DeepComp 6800, for military use, according to a person familiar with the arrangement. A senior executive at leading software maker Neusoft Group Ltd. says it is working with the PLA on a satellite-based navigation system -- the kind the U.S. military uses to track special forces and steer missiles. The PLA is also canvassing leading Chinese mobile-phone makers about building specialized handsets, according to two industry consultants.
Huawei, the maker of communications equipment, is a private company with an overtly militaristic feel. Its founder and current general manager, Ren Zhengfei, spent 10 years in the army. New Huawei employees, mostly recent university graduates, are sent to a month- long boot camp and PLA songs such as "Unity is Strength" are commonly sung at company gatherings."
