Staff were asked after the week-long May break to turn in foreign PCs for home-made alternatives that run on operating software developed domestically, people familiar with the plan said. On mainland Chinese exchanges, Inspur Electronic Information Industry Co, a server maker, gained 6% while peer Dawning Information Industry Co jumped more than 4%. Inspur Software Co, an affiliate of the Inspur group, and China National Software & Service Co both soared their daily 10% limits. The Ministry of Industry and Information Technology and State Council Information Office didn’t respond to faxed requests for comment. “Lenovo could dramatically boost sales on Beijing’s order that central government agencies and state-backed companies replace foreign-branded computers, as reported by Bloomberg News.

Source: The Star May 06, 2022 07:28 UTC