Tag: competition

ICBC tiptoes into Spain

icbc.jpgICBC, the world’s largest bank by market value, is out to win the hearts — and pocketbooks — of Spanish investors.
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Coming to your screen soon

Remember when the Japanese dominated the TV industry?Japan’s once unbeatable consumer electronics industry is going through tough times and South Korea’s Samsung has now built an indominable lead over its Nippon rivals in the TV market.
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Chinese car market stalls

byd-e6-610.jpgCould electric vehicles help recharge China’s sluggish car market? BYD hopes so as it announces Denza, the new marque for electric vehicles produced by its 50:50 JV with Germany’s Mercedes-Benz.

BYD is making a lot of noise about its electric vehicles and clearly hopes a prestigious western partner will win Chinese buyers over to EVs. (continue reading…)


The End of Cheap China

156539736.JPG It’s not just Apple that has a lot to thank for China’s abundant supply of low-cost and pliant labor (for more on Apple read yesterday’s story).

Virtually every western manufacturer that has facilities or suppliers in China has been drawn there by one overriding goal– to make things cheaper.

But how much longer can Low Cost China continue to gain height as a business model?
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Foxconn expands and shrugs

69151325.jpgBusiness is booming for Foxconn, the controversial hi-tech contract manufacturer that supplies Apple.

It plans to expand its facilities in China by opening a high-tech manufacturing facility in south China’s island province of Hainan. The Taiwanese firm’s existing facilities in China are all on the mainland in cities such as Shenzhen and Chengdu.
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New twist to Apple’s Chinese workers scandal

This story will run and run. Allegations of poor working conditions at the Chinese factories that build Apple’s iPads and iPhones have been made on a number of ocasions. But the latest set of acusations, broadcast on US public radio show This American Life in January, have been questioned and the show has retracted the episode, called “Mr Daisey and the Apple Factory”. (continue reading…)


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