China's mega-telcos are spending billions on AI servers
China Mobile alone wants almost 8,000 machines
Systems
24 Apr 2024 | 8
The world's largest tech distributor, Ingram Micro, is set to be acquired by the Chinese conglomerate HNA Group for approximately $6bn. Ingram Micro has announced that it has accepted the terms of a merger agreement with Chinese shipping company, Tianjin Tianhai, and will become part of the Chinese mega-firm HNA Group – an …
Said well before Lenovo purchased chunks of IBM that Chinese mega companies would begin to swallow up more of the traditionally larger western Tech companies. It won't end with Ingram and expect some really big mergers/acquisitions in the next three years, even within western behemoths.