On March 1st, it was learned from IBM that IBM China Investment Company has officially suspended production and production, which is a continuation of IBM’s announcement of the closure of its research and development department last year. IBM China Investment Corporation is one of IBM’s main entities in China, established for 32 years and dedicated to managing local research and development business. But the operation of IBM (China) Co., Ltd. is not affected by this change, which is currently IBM’s main operating entity in China. IBM China told reporters: “IBM integrates product development functions globally. After the adjustment of the Chinese laboratory last autumn, IBM China (Investment) Co., Ltd., which was originally intended to carry out IBM product development functions, has completed its main mission and therefore plans to close. The closure process will be executed in accordance with relevant national laws and regulations (First Financial)
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