In the early years, the upgrading of electronic products mainly rely on technological progress, and competitiveness of enterprises has to a certain extent, reflected in the business of new technology and mastery of core technologies, such as, from the development of television from black and white to color, digital cameras from the developed to the million pixels megapixels, the development of mobile phones to smart phones from Mobile, Fast frequency of the Pentium computer from development to multicore. When the product and technology development to todays high degree of consumer demand has been greatly satisfied, and similar to the "CRT" to "TFT-LCD" the development of disruptive technologies that rely on innovation, brought about by the whole industrial upgrading of the situation is not much, in such circumstances, most companies are more mature market environment, the use of a relatively mature technology to produce products, which has been the homogenization of severe market competition, stand out is particularly difficult. In recent years, from more than one market performance, Toshiba was having difficulty in this regard.
Shi Peixing said Alcatel first telecom industry with the cooperation of China, the first transfer of communications technology to China, and Shanghai late last year created a merger of Bell holding large foreign telecommunications joint venture precedent, and this risk is the establishment of the Fund Alcatel made in China "important additional step" for those who believe in the Chinese market prospects and following a high stakes foreign investors, the U.S. Embassy Commercial Counselor Thomas Bohm had used a word, they are suffering from a "hidden squint. " "Many companies are ecstatic that this is the worlds largest market," Boehm said, "but, of course, Chinas huge market potential, its GDP is still only about Italy, about half of Japan than California, but also less. "