The People’s Republic has seen a lot of foreign companies find success in recent years, but a shift is happening in the market. It involves less foreign expansion into China and more innovation coming out of the country. Technology is at the forefront of the shift, with Chinese tech companies beginning to outperform their foreign counterparts. […]
Less than three decades ago, China produced about 3% of global goods; today, it is the world’s largest manufacturing nation, with its economic output accounting for nearly 25% of global GDP. Dubbed the “factory of the world,” China is now ready to take its next step, transforming its economic infrastructure from a manufacturer of mass quantity, to one of high quality.
Last week we heard the story of our very own Chiara Conte, her experiences with CSOFT, and her journey that in turn led to Huawei. This week, we have her views on working with the networking and telecommunications giant, as well as some telling insights into the globalization and localization industry.
To give you an inside peek into CSOFT’s Global Language department, we’d like to introduce you to Chiara Conte, our Assistant Site Manager and Director of Global Languages. Chiara has been working with CSOFT since 2009 and was recently transferred to our branch in Shenzhen, a city full of entrepreneurs and aspiring startups. In this […]
Hollywood, Silicon Valley, and Wall Street: these three places have their own distinct subcultures, and all three are famously dominated by their own distinct industries. Wall Street is dominated by banking, Silicon Valley by IT and internet, and Hollywood by films and entertainment.
Jack Ma once likened his company Alibaba to “a crocodile in the Yangtze”: strong in China, but once outside familiar waters, not in a position to take on the “shark in the ocean,” eBay. China’s huge domestic market has meant that previously, enormous business successes could be found without taking the risks of venturing abroad. […]
Chinese manufacturer of computer networking products TP-Link is one of the few examples of a Chinese company that has successfully gone global. The Shenzhen-based company has become one of the world’s leading providers of SOHO & SMB networking products and is still growing and striving to become one of the top 3 networking providers in the world.
But how did TP-Link manage to become this successful on a global level?
If you’ve been following our blog recently, you know that we’ve been covering the southern Chinese city of Shenzhen. The city’s perpetual growth and entrepreneurial spirit have inspired CSOFT to embark upon a new project called the Globalization • Shenzhen 100, a unique mutual effort between the government, professional services, and private enterprises that provides […]
Some rules were made to be broken, but sometimes following the rules is crucial to achieve success. Companies going global need to not only look at applicable regulations in their domestic market but also the regulatory systems of markets into which they want to expand. This sounds pretty straightforward, but inconsistencies in implementation, ambiguities in […]