Chengdu Tianfu Software Park Announces Ericsson to Expand its Largest Research Center in West China

Global companies set up China- and Chengdu-based operations in the premier Software Park

Jan 14, 2010, 10:00 ET from Chengdu Tianfu Software Park

CHENGDU, China, Jan. 14 /PRNewswire-Asia/ -- Chengdu Tianfu Software Park, a premier software park and facilities complex in Chengdu, China, announces that Ericsson has become the 100th company moving to the Park to expand its R&D capabilities in Chengdu after other multinational companies such as Alcatel-Lucent, Symantec, Nokia-Siemens, Huawei, Freescale and SAP.

In 2009, 48 companies entered the Park, and the amount of rented/sold office space increased five fold year-on-year to over 180,000m2. The Park mainly caters to software outsourcing and software development enterprises, which make up 61% of companies with presence there. The number of digital entertainment companies and shared services centers has also been increasing sharply, with 12 Fortune 500 companies located in the Park. Foreign enterprises make up half of all enterprises there.

The Park's HR services have also earned a reputation for excellence as companies have utilized them in all aspects of their human resources management. The Park serves the needs of large-scale enterprises at its 12,000-square-meter personnel training base. Over 8,000 new graduates received training, and 5,000 people received on-the-job training in 2009, Tianfu Software Park helps Chengdu's software and services outsourcing enterprises recruit 3,000 employees annually.

Ericsson's decision to rent 5,000m2 of office space in the Park speaks to the company's confidence in Chengdu's continued economic growth and supportive governmental policies.

In recent years, many global companies have sought to relocate to second tier cities in China to lower operation costs. Chengdu, the economic and financial hub of south-western China, has attracted 139 Fortune 500 companies thanks to the city's developed infrastructure, large talent pool, and low operation cost.

About Chengdu Tianfu Software Park

Chengdu Tianfu Software Park, funded by Chengdu Hi-tech Zone Management Committee, has a total planned construction area of 1.2 million m2. As of today, 100 companies including IBM, SAP, Accenture, Nokia-Siemens, NEC, Maersk, have established operations here, employing over 15,000 people. Chengdu Tianfu Software Park is an important partner for the development of the local IT industry and a service industry outsourcing supplier. Services include office facilities, recruitment, HR training, company setup facilitation and outsourcing services.

    For more information, please contact:

     Victor Jansson
     Deputy General Manager
     Chengdu Tianfu Software Park Co., Ltd.
     Phone: +86-28-8533-0062

SOURCE Chengdu Tianfu Software Park