China's Kingsoft a new challenger to global Office monopoly

Kingsoft, a Chinese software firm and currently the nation's largest provider of office software, is seeking to break the long held global monopoly of tech giants such as Microsoft and Google.

The company has drawn upon the rise of mobile internet and dedicated itself to the development of office apps that cater to the needs of smart phones, said Bo Kan, vice president of Kingsoft Office Software.

Its flagship WPS Office Suite for wireless terminals, which is free to use, has currently drawn more than 300 million users, with 120 million from the overseas market. New users are growing by 20 million a month, data from the company shows.

It said that its office software generated 290 million yuan (47.14 million U.S. dollars) of business revenue last year.

The company's office products, which appear in 45 languages, have been used by users in more than 50 countries and regions.