Hardware - Monday, June 18, 2007
Microsoft Invests in Chinese TV Maker
Microsoft has bought a 1% stake in Sichuan Changhong Electric Co., a Chinese major maker of TVs and electrical appliances, fr $12.3M.
The two companies say they will cooperate to develop, make and market TVs, computers and other digital home-entertainment. It's not unusual for Microsoft to get into hardware but why chose the Changhong horse? Microsoft has yet to explain that.
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Read - Reuters report
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