Notable Companies
The most famous companies that grew up in Zhongguancun are Stone Group, Founder Group, and Lenovo Group. They were all founded in 1984-85. Stone was the first successful technology company to be operated by individuals outside the government in China. Founder is a technology company that spun off Peking University. Lenovo Group spun off from Chinese Academy of Sciences with Liu Chuanzhi, a hero of Zhongguancun and current Chairmain, eventually taking the helm. Lenovo purchased IBM's PC division with $1.75 billion in 2005, making it the world's third-largest PC maker. Both Founder and Lenovo Group maintain strong connections to their academic backers, who are significant shareholders.
According to the 2004 Beijing Statistical Yearbook, there are over 12,000 high-tech enterprises throughout Zhongguancun's seven parks, with 489,000 technicians employed.
Eastdawn Corporation is in the Sinosteel building.
Many world renowned technology companies built their Chinese headquarters and research centers in Zhongguancun Technology Park, such as Google, Intel, AMD, Oracle Corporation, Motorola, Sony, and Ericsson. Microsoft has built its Chinese research headquarters in the park that costs $280 million and can accommodate 5000 employees, which is completed in April, 2011. Microsoft Research Asia is in that building.
The development center of Loongson, which is China's first general-purpose microprocessor design, is also in the Zhongguancun area.
In addition, many conferences are held in this location, including the annual ChinICT conference - which is the largest Information technology Development and Entrepreneurship event in China.
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Near to Tuspark
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Offices of Microsoft, Sohu
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