NCR expected to invest more in China operations

NCR expected to invest more in China operations
Tags: Bank / Credit Union, Manufacturers, NCR Financial Solutions, Other, Public Companies, Security, Software
December 14, 2005

China View: NCR Corp. is expected to invest further in China to tap into a growth opportunity. President and chief executive Bill Nuti said the company has "high expectations for the Chinese market." Specific details about the investment were not disclosed. "China and India are two major potential growth-markets for us in Asia, and we plan to invest in both those important countries," Nuti said. Earlier this year, NCR founded the China Currency Incident Management Centre in Beijing to help combat fraud, as the deposit of counterfeit currency at ATMs is on the rise.