HP to develop cloud products in China

BEIJING — Hewlett-Packard Co, the world's No.1 PC maker, plans to develop cloud computing products in China to sell globally, Chief Executive Leo Apotheker said on Wednesday, as global tech companies eagerly tap the booming Chinese market.

China headquarters in Shanghai

HP this week announced that its Personal Systems Group will establish a China headquarters in Shanghai, to develop hardware and Internet products to allow people to access cloud computing more easily and cheaply.