IBM's loss appears to be Huawei, Inspur gain
IBM started losing gound in China well before this week's Chinese Government review of the use of IBM servers in domestic banking. And the Gartner figures show that Chinese server vendors Huawei and Inspur gained significant marketshare in the first quarter of this year. Things look grim for continued sales to China, but banks can't always just swap out servers, as in many cases they're using software that was designed to run on mainframes or Unix boxes.
The bottom line here is that the NSA spying scandal is, once again, turning out to be very bad for U.S.-based tech vendors. No doubt some of that spying was aimed at discovering and thwarting hacking and IP-theft eminating from China. We clearly shouldn't tollerate that kind of hacking, but it's tough for U.S. vendors to thrive without sales to China.