The Wall Street Journal is reporting that Google (NASDAQ:GOOG) intends to hire more engineers, sales staff and product managers in China and intends to introduce new services for Chinese consumers, citing Daniel Alegre, Google’s Asia President.Alegre added that one goal is to introduce Android Market, which will offer apps for smartphones in China.Chinese officials weren’t available for comment, the report said.Google (NASDAQ:GOOG) has potential upside of 16.3% based on a current price of $628.14 and an average consensus analyst price target of $730.3.
