IBM is the latest American company to downsize its presence in China amid heightened tensions between Washington and Beijing.
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Narrator: They didn’t.
They all learn? IBM basically got pushed out by China. This is good for China and bad for IBM.
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I’m more suprised that IBM is still around. They are irrelevant by now.
Sorry to disappoint, but with revenue of $61.9 billions in 2023 they are very much relevant.