Jinan Yinquan Technology has announced that its data center virtualization technology project has received 500,000 yuan from Shandong Economic and Information Technology Committee.
Following the award, the wholly owned subsidiary of China VoIP & Digital Telecom said it is well positioned to take full advantage of the tremendous economic growth currently being experienced in China.

More than four out of five companies surveyed are planning datacentre expansions within the next two years, according to Digital Realty Trust.
The wholesale datacentre provider also found that more than a quarter of surveyed companies are actively planning immediate datacentre expansion projects that are commencing in 2009.

Intel is bucking current trends and investing USD $7 billion in upgrading three of its US factories over the next two years.
The computer chipmaker said the investment is its largest on new manufacturing and represents 7,000 high-wage jobs.

Spending on storage is the only area of IT hardware that will avoid a drop-off in 2009 as a result of the global financial crisis.
A newly revised forecast from IDC suggests worldwide investment in information technology will slow significantly next year.