Microsoft is also luring startups through more direct incentives.
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Mobile phones have recently transformed from durable goods to fast moving goods. Next year's phone will be a main trend, Chen Liteng, an analyst of CIECC said.
Mid - & high-end products will likely gain more market share
Microsoft offers a broader mix of technologies overall, including Office 365 and software for hosted and on-premises servers, so a direct comparison is difficult, but Microsoft’s Commercial Cloud revenue has reached an annualized run rate of .3 billion, according to the company.
Mobile-based innovations are changing people's behavior. Mobile payments, news apps and instant messaging are having a profound impact. The combination of digital technology and human interaction is also a remarkable innovation in the Chinese internet. China is stressing people-to-people exchange based on the digital economy. I believe that this will be a key trend in future.
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Microsoft is separately challenging Apple’s trademark registration in a case before the U.S. Patent and Trademark Office, and in Europe.
Michael Wong was appointed Secretary for Development.
Monica Lin, chairwoman of Hywin Capital UK, said, "We recognize that Chinese clients are not just investing in the UK, but are becoming familiar with a very different ecosystem than the one to which they are accustomed.
Models showcase qipao on the catwalk during a fashion show in Nanjing, Jiangsu province, on June 21. YANG BO/CHINA NEWS SERVICE