HP Turning to Chinese to Develop Products for Emerging Markets
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Hewlett-Packard Co. is turning to China for engineers to develop global storage and networking products, opening a new research center in Beijing this year as it seeks to boost sales in emerging markets.
“It is in China, for China, but also for the world because the R&D capabilities here in China, we want to leverage for other markets as well,” Chief Executive Officer Leo Apotheker said today in Beijing. He declined to say how many employees would be hired or how much the center would cost.