SHANGHAI (Reuters) - Oracle Corp. is looking to increase its research capacity in China, its fastest-growing market, and hopes to plug the software developed here into its global network, an executive said on Friday.
California-based Oracle, the world's second most valuable software company after Microsoft Corp., runs two research facilities in China, one in the capital and another in the southern boomtown of Shenzhen.
It is now considering establishing new research bases in the less prosperous regions of western and northeastern China as well as the booming Yangtze delta region around Shanghai, said Kevin Walsh, Oracle's vice president of Internet technology and head of its China R&D centers.