Apple to Build China Data Center to Meet New Cybersecurity Law
To comply with tough new cybersecurity rules, Apple Inc. will begin storing all cloud data for its China customers with a government-owned company — a move that means relinquishing some control over its Chinese data. "It's clear that this is now being enforced across the board," said Chris DeAngelis, general manager of Alliance Development Group. "Any cloud-based company coming into China has to have a local operating partner." - Fox Business
Xiaomi Proving They are Not a Has Been with Remarkable Growth
Give credit where it due. Xiaomi has achieved a rare feat in today's dynamic race for smartphone dominance. With shipments up over 300% from its previously dismal performance last year. Combined with 60+ investments in their ecosystem their light is shining again. But please stop calling them the "Apple of China". - Read More
Foxconn to Build $10 Billion Factory in U.S.
Foxconn Technology Group, which helped turn China into the center of electronics manufacturing, said it would build a $10 billion plant in Wisconsin to make display panels used in televisions and other products. "However, with the cost of resources in China rising, labor shortages mounting and automation increasing, now could be the right time for such an ambitious effort, said David Sullivan, a partner with Alliance Development Group, a Chinese-focused strategy firm that advises technology firms." - Wall Street Journal
