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April 11, 1997updated 05 Sep 2016 12:38pm

IBM CONSIDERS FURTHER CHINESE INVESTMENT

By CBR Staff Writer

IBM Corp’s biggest venture in China, Shenzhen Hailiang Storage Product Co Ltd, started making parts for disk drives for IBM’s plants across the world, this week. The company says it is considering $40m of new investment in the company, which has already absorbed $42.5m; IBM has an 80% stake in it.

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