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Friday, October 29, 2010

Dagens Industri, also covered in part by International Herald Tribune
China is growing rapidly when it comes to technology and science, and it might soon be the number one country in the world when it comes to patent applications, writes DI, and continues that several Swedish companies, including Ericsson, conduct significant parts of their research and development in China already. In just over ten years, China has increased its R&D investments from 0.6 percent to 1.7 percent of its GNP, which is resulting in the country becoming somewhat of a player in the area of technological innovations. One example is a new supercomputer, developed at Chinese military universities, that is up to 43 percent faster than previous units, its performance equal to that of 175,000 laptops. Another example mentioned in the article is Huawei, which currently has 400 employees in Sweden, of which 300 work within R&D. 

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