IBM is latest U.S. tech giant to pull back from China

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Submitted ⁨⁨1⁩ ⁨year⁩ ago⁩ by ⁨BrikoX@lemmy.zip⁩ to ⁨technology@lemmy.zip⁩

https://www.axios.com/2024/08/26/ibm-rd-division-china-us-tech-competition

IBM is the latest American company to downsize its presence in China amid heightened tensions between Washington and Beijing.

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YourPrivatHater@ani.social ⁨1⁩ ⁨year⁩ ago
Nice. Hope they all learn.

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- 1984@beehaw.org ⁨1⁩ ⁨year⁩ ago
  Narrator: They didn’t.
  
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- doodledup@lemmy.world ⁨1⁩ ⁨year⁩ ago
  They all learn? IBM basically got pushed out by China. This is good for China and bad for IBM.
  
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  - YourPrivatHater@ani.social ⁨1⁩ ⁨year⁩ ago
    Yes, and i hope the others learn an pull out with less problems.
    
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istanbullu@lemmy.ml ⁨1⁩ ⁨year⁩ ago
I’m more suprised that IBM is still around. They are irrelevant by now.

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- BrikoX@lemmy.zip ⁨1⁩ ⁨year⁩ ago
  Sorry to disappoint, but with revenue of $61.9 billions in 2023 they are very much relevant.
  
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