The world’s largest supplier of personal computers, Lenovo has knocked Cyber-port in Hong Kong to serve as its research and development base for new “cloud computing” products and services.
Lenovo also plans to set up its Asia-Pacific data centre in Hong Kong to support new enterprise cloud services across the region.Yang Yuanqing, Lenovo’s chairman and chief executive, and Paul Chow Man-yiu, the chairman of landlord Hong Kong Cyberport Management, also signed a memorandum of understanding on Tuesday to collaborate on various cloud development initiatives, including cultivating talented researchers from tech start-ups and universities in the city.
Cloud services allow companies to buy, lease, sell or distribute software and other digital resources online, just like electricity from a power grid. These resources are hosted and managed inside data centres.Lenovo completed a US$2.1 billion acquisition of IBM’s x86 server business last year, which is estimated to bring US$5 billion in additional global revenue to the mainland technology company a year. The server line is designed for deployment in the world’s growing cloud-computing infrastructure.
Cyberport chief executive Herman Lam Heung-yeung said the complex has “a vibrant tech start-up network that Lenovo can leverage”.