Three Tips For Chinese Hardware Companies Going Global

Instead of focusing only on domestic growth, Chinese hardware companies are clearly more mindful of overseas markets in line with the globalization initiative. While smartphone heavyweights like Huawei are constantly hitting milestones in this regard, Chinese hardware startups are following their footsteps in sought of a broader market.

Over the past few years, crowdfunding has become a popular if not a must step for Chinese hardware projects to kick off their global plan. Chinese projects account for more than 10% of the funds being raised on Indiegogo, Sandy Diao, head of China operation at the crowdfunding platform said at TechCrunch Beijing this Monday.

It’s true that Chinese hardware companies enjoy certain benefits given their vicinity to the world’s manufacturing center in China’s Guangdong Province, where Shenzhen is seated, low labor costs, among others. But the challenges are still daunting and the speakers at event have shared some tips for Chinese hardware startups with a global vision.

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