Frontier Journal
Exclusive Frontier Coverage on System Design
Vol. 1 No. 9 Nov 2004
Editorial: Local Globalization and Global Localization
EDITORIAL Local Globalization and Global
Localization Editor in Chief
Just back from Suzhou in attending eMEX
China 2004. Suzhou, a city neighboring Shanghai with only about two-hour
driving distance, is well known for its excellent investment infrastructure in
attracting many Fortune 500, Taiwanese companies and local industry leaders.
During past ten years, Suzhou has been evolving from a small town renown for
its well-kept Chinese style garden to a main high-tech hub in China. Now back
to Shanghai, China's
first-ever Formula One event, was held here in last month, and the F1 event gonna be held
annually from now on. Another recent fascinating event in Shanghai is NBA
pre-season game between Huston Rockets and Sacramento Kings in this month. Both
F1 and NBA attempt to harness racing
car¡¯s and basketball's
surging popularity in China.
Of course
neither Suzhou nor Shanghai is an exception. In China, there are several dozens
of cities like Suzhou and Shanghai that are benefited by a wave we call Global
Localization. In recognizing the fact that, China's foreign direct investment (FDI) inflows surpassed those of the
United States since 2002, making China the world's leading destination for
foreign funds, it is inevitable that Global Localization in China gonna be pushed
further. For those oversea companies regardless their size, and regardless
where they are headquartered, there are many ways in implementation Global
Localization in China, ranging from direct investment, joint venturing, and
market outreaching through third-parties in China like us. On the other hand, more and more Chinese companies are starting to set
up R & D arms, manufacture facilities oversea, and even perform merge and
acquire operations with oversea companies. Huawei among many other local
dominators have R & D centers in Silicon Valley, India and Russia, TCL
acquires Alcatel¡¯s mobile phone operations, and Haier operates its freezer
manufacture facilities in South Carolina. Such phenomena we call it Local Globalization.
Opposite to those eight-hundred-pound gorillas, for those small to media size companies in
China, it is indeed unrealistic to do the similar things. However, there are
alternative solutions for them not to be left behind by Local Globalization,
and we are here to help That is
why the mission of System Design Frontier is to Enable Your Local
Globalization and Global Localization
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