HP to knock flourishing Chinese Market
Hewlett-Packard Co. plans to develop cloud computing products in China to sell globally as global tech companies eagerly tap the booming Chinese market. A dispute with Oracle Corp over Intel Corp's Itanium microprocessor for servers would have little impact on its partnerships.
HP and Oracle became intense rivals after Oracle's purchase of Sun Microsystems pushed it firmly into the server hardware market, in which it previously cooperated with HP.
Both Intel and HP are committed to customers who have invested in HP-Itanium systems. Oracle claimed it will end development of database software for those systems, and HP has filed a lawsuit to try to force Oracle to continue developing such products. HP has unveiled that its Personal Systems Group will establish a China headquarters in Shanghai, to develop hardware and Internet products to allow people to access cloud computing more easily and cheaply.
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