Broadcom Founds a "SAN Design Center" in Shanghai
ASIAPORT DAILY NEWS, 1/25/2002 11:46:00 AM
CHINA, Jan 25, 2002 (AsiaPort via COMTEX) -- To receive the 3rd tide of IT industry -- network memory, USA Broadcom Corp. cooperates with Shanghai Posts & Telecommunications Equipment Co., Ltd. to found "SAN Design Center". Broadcom Corp. is a global topping provider of network memory infrastructures. Shanghai Posts & Telecommunications Equipment Co., Ltd. is one subcompany of Putian Group.
Network memory is a kind of memory form produced when information times enters the highly developed phase. Traditional information memory technology mainly deposits information in some equipments, such as disk and RAID system. These equipments connect with host computers directly. But "information explosion" makes the traditional memory technology can not match the demand. Then more advanced network memory technology emerges as the times requires. It mainly deposits information in network through additive equipments. It can reduce the running cost of enterprise information management. It possesses a series of advantages, such as guarantying high reliability of data, agility of configuration and extension. The network memory market will develop rapidly and violently. It will reach USD 50 billion in 2004.
Broadcom Corp takes up 61% of the market quotient of SAN. It's the leading enterprise of the global memory industry. The "SAN Design Center" founded by Broadcom Corp. and Shanghai Posts & Telecommunications Equipment Co., Ltd. will be very important for China IT industry to change from traditional memory means into a new operation mode in future.
From Shanghai Economy, Page 5, Wednesday, January 23, 2002
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