China’s Tencent Invests $1.57 Billion In Cloud Computing - HPC ASIA

China’s Tencent Invests $1.57 Billion In Cloud Computing


Chinese Internet company Tencent Holdings Ltd. said Tuesday it will invest 10 billion yuan ($1.57 billion) over the next five years in its cloud-computing business, including construction and operation of data centers in China, Hong Kong and North America.

Tencent operates data centres that house servers and other equipment, allowing various clients to take advantage of its computing resources. And now, it is boosting investments to beef up its cloud-computing capabilities domestically as well as overseas.

Cloud computing has become a buzz word in China; at the recent China-Arab States Expo in Zhongwei City in Ningxia, it was the main topic of discussion among leading entrepreneurs.



Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

HPC ASIA is Asia’s #1 source of information, update and analysis on HPC scene coupled with developments in cloud , big data, smart cities & IoT.

Popular Articles

Reach us

India: Office no. 12, Level-3, Varun Towers,
Sector 20B, Faridabad (Delhi NCR)-121001, Haryana, India.
Te: +91-129-4066870 | 9560366870

For editorial:
For ads & sponsorships:
For press-releases:

Copyright © 2017 HPC ASIA.

To Top