the chinese housing market

the chinese housing market
高分悬赏以此为题的三百字英语作文.
要不the LATEST IT INDUSTRY也行

In the wake of the full-scale financial crisis, global economy has entered an unprecedented recession. Large numbers of successful enterprises failed to pull through it, some of them escaped the fortune of closing down, but still sank into government purchasing, such as AIG. However, not only banks, securities or insurance companies suffered a lot in this circumstance, even IT industry is struggling to survive.
In order to pass through the “winter”, Huawei company constantly “reduce weight”, sell its non-core business continuously. According to report, huawei will sell its mobile business recently to save itself from financial crisis.
Lenovo, successful to become 500 tops of the world first time, hope to pass through the crisis by cost squeeze. Because of the worldwide serious economic crisis, the majority of companies in America lessen their cost in IT industry, the phenomenon first influence HP and DELL—the first 2 PC company in global IT industry. Fortunately, lenovo’s focal point isn’t in America, its winter can’t be that hard.
Besides PC market, mobile market is in the same winter, net profits are decreasing dramatically, even international top brands like nokia and sony are no exception.
What is interesting is that exception still exist, sohu and netease seem to out of effect. The reason maybe that website development cycle is opposite, isn’t it strange?
By holding their own line and continue developing, different companies of IT industry use different method to pull through their winter, but all of them are undaunted by the crisis, we have reason to believe their futures full of light. Along with these companies, we may have a strong confidence in Japanese automobile industry, right?