Why China Is Tops in Tech Gear – Bruce Einhorn

From BusinessWeek: Critics say it became the world’s No. 1 tech exporter through unfair advantages, but a closer look reveals a far more complex picture.

Beijing-bashers, take note: You now have another reason to rail against China. On Dec. 12, the Organization for Economic Cooperation & Development (OECD) announced that China has surpassed the U.S. to become the world’s No.1 exporter of tech gear. The news rounds out a year when Chinese high-tech companies raised their profile worldwide: Lenovo, China’s top computer brand, took over IBM’s (IBM) PC division. Huawei Technologies, the leading Chinese telecom- and networking-equipment maker, accelerated its overseas expansion. And ZTE, Huawei’s cross-town rival in the southern city of Shenzhen, won new customers in developing markets in Asia and Africa, while also teaming up with Cisco Systems (CSCO).

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The news rounds out a year when Chinese high-tech companies raised their profile worldwide: Lenovo, China’s top computer brand, took over IBM’s (IBM) PC division. Huawei Technologies, the leading Chinese telecom- and networking-equipment maker, accelerated its overseas expansion. And ZTE, Huawei’s cross-town rival in the southern city of Shenzhen, won new customers in developing markets in Asia and Africa, while also teaming up with Cisco Systems (CSCO).

December 13, 2005 3:00 PM
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Categories: Sci-Tech