White House trade adviser Peter Navarro said Monday that Microsoft might divest its assets in China if it wants to buy TikTok, a short-video app, beijing, afternoon. “So the question is, will Microsoft compromise?” Said Navarro in an interview. Perhaps Microsoft should divest its assets in China first. “
In another earlier interview, Navarro said any potential buyers of TikTok would be a problem if they also had business in China.
At present, Microsoft has more than 6,000 employees in China with offices in Beijing, Shanghai and Suzhou.
Although Microsoft has been operating in China for more than a decade, revenue from its business in China is just over 1 per cent of the company’s total revenue, Brad Smith, Microsoft’s president and chief legal officer, said at a conference in January.
Now, Microsoft is also actively promoting Azure cloud services in China through partnerships with 21Vianet, a local data service provider.
Of course, Microsoft’s research center in Beijing is the focus. The center has produced a large pool of talent, and they are now executives at companies such as Alibaba, Byte Dance, Xiaomi and Facial Recognition Unicorns Sensetime and Megvii. The center is also home to the most cited AI paper, “ResNet”.
President Trump has agreed to a 45-day deadline for Byte Dance to negotiate the sale of The Short Video app TikTok, according to people familiar with the matter. (Little White)