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Ask HN: Do US companies regret entering China?

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21–30 of 37 posts

Re: Ask HN: Do US companies regret entering China?

#23
post #2

I know of a Swedish company that made a deal with a Chinese company, the Swedish company no longer exist.

Are you referring to SAAB?

If I recall correctly the company was not going to make it during the Great Recession, and no buyers wanted them. So the Chinese bought them but still couldn’t save them from their ultimate fate.

The Chinese owner tried to revive the brand a couple of years ago with an electric vehicle, but I guess that didn’t work out after all.

Re: Ask HN: Do US companies regret entering China?

#26
post #2

I know of a Swedish company that made a deal with a Chinese company, the Swedish company no longer exist.

Are you referring to SAAB? If I recall correctly the company was not going to make it during the Great Recession, and no buyers wanted them. So the Chinese bought them but still couldn’t save them from their ultimate fate. The Chinese owner tried to revive the brand a couple of years ago with an electric vehicle, but I guess that didn’t work out after all.

No I am referring to Cybaero.

Re: Ask HN: Do US companies regret entering China?

#27
post #26

Earlier quoted context omitted.

Are you referring to SAAB? If I recall correctly the company was not going to make it during the Great Recession, and no buyers wanted them. So the Chinese bought them but still couldn’t save them from their ultimate fate. The Chinese owner tried to revive the brand a couple of years ago with an electric vehicle, but I guess that didn’t work out after all.

No I am referring to Cybaero.

seriously? a company making drones? I am wondering where dji got all its IPs, must be stealing from their partners on mars.

Re: Ask HN: Do US companies regret entering China?

#28
In "AI Superpowers: China, Silicon Valley, and the New World Order", Kai-Fu Lee (former president of Google China) says many US companies don't give enough resources to their Chinese branch and that's why they fail. The Chinese internet ecosystem being so different than the Western one.

For example, Western users are used to refining their search query and clicking a single link among the results. Whereas Chinese users click most of the links and are used to them opening in different tabs.

However, it took months of convincing to get Google to create a new tab when clicking a link in search results.

https://en.wikipedia.org/wiki/AI_Superpowers

Re: Ask HN: Do US companies regret entering China?

#29

Micron regrets it, essentially having a significant amount of their chip IP stolen by Chinese firms they were involved with one way or another.

Please read more recent news before posting out of date info not useful for anyone. Micron is actively seeking more technical cooperation with Chinese companies completing in the NAND business. Source here [1].

[1] http://www.businesskorea.co.kr/news/articleView.html?idxno=3...

Re: Ask HN: Do US companies regret entering China?

#30
post #27
post #26

Earlier quoted context omitted.

No I am referring to Cybaero.

seriously? a company making drones? I am wondering where dji got all its IPs, must be stealing from their partners on mars.

Your condescending tone is not very nice. DJI is great but they make small drones flying on battery, this is a bit different with the missions being completely different.
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