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Microsoft Sued for RMB 70M for Contract Violation
Microsoft (Nasdaq:MSFT) has been asked to pay compensation of more than RMB 70 million by Shenzhen-based quality certification service provider Mowom for Microsoft's failure to fulfill a 2005 contract, reports Sanxiang City Express quoting Mowom Chief Designer Matt Zhou. Microsoft and Mowom signed a contract to provide information management systems to Changsha cigarette company Baisha, but Microsoft failed to provide the service, Zhou claimed. Mowom has appealed to the China International Economic and Trade Arbitration Commission for a settlement, said Zhou.
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