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| My experience |
| Monday, July 23, 2007 |
The Shanghai trip is impressive.
This is a business trip of visiting various science parks in Shanghai. In the mean time, we will have several meetings with the local enterpreneurs.
At this moment, most companies are focusing on the "out-source" business similar to the situation of India. The models are quite similar, and I expect the competition will become higher.
Therefore I suggest the local enterpreneurs look at the new model - develop their own products and build a brand.
"Out-sourcing" - it's an ideal model for the country with low labour cost. Since the living standard of China tends to become higher, the profit margin of out sourcing business will be lower.
Local businesses have taken a lot of IT knowledge due to the out-source business. Therefore, it is wise to invest in their own brands and products.Labels: general |
posted by Kelvin Hui @ 12:27 PM  |
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| About Kelvin Hui |
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Name: Kelvin Hui
About Me: I.T. Skinhead
See my complete profile
Name: Apisith Chawla
About Me: Owner of the online
silver jewelry store, &
friend of Kelvin Hui
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