Huawei, Alibaba, Xiaomi, Lenovo, Oppo, Vivo, Samsung, LG, Sony, Panasonic, Toshiba, Fujitsu, Acer, Asus… All these giant tech companies from the Far East.

Well, have you ever thought about it? Why does the Far East dominate the technology market? (especially China, South Korea, Japan and Taiwan) dominate?

Education and R&D investments are important factors.

Countries from the Far East; in the fields of science, technology, engineering and mathematics strong education systems owner. Especially China, South Korea and Japan; It attaches great importance to engineering, mathematics and technology education. The interest in technology and the abundance of talented graduates in these countries provide the human resources necessary for the growth of technology companies.

They also make heavy investments in R&D activities. This means technological innovations and emergence of new products it speeds up. For example, Japan is a pioneer in robotics and South Korea is a pioneer in communications technologies.

Government support and policies are another factor.

Many countries from the Far East, Direct and indirect incentives for technology companies to grow offers. Huge government investments in technology in China; It helped create giants like Alibaba and Huawei.

Countries like Japan, South Korea and Taiwan too Domestic production and innovations in technology It implements an encouraging industrial policy.

Production costs are also low.

China is a world-class manufacturing center with low-cost production capacity. Apple and Amazon Western technology giants also ensure cost advantages by carrying out their production processes in countries such as China.

Cultural factors should not be ignored.

Far Eastern values, such as hard work discipline, support success in the technology sector. For example in Japan “Kaizen” philosophy, Although China’s entrepreneurial culture encourages a sense of continuous improvement and innovation, new business models and companies can develop quickly.

Market competition drives continuous improvement.

Countries with large populations, such as China, offer a huge domestic market for technology companies. Fierce competition in the technology sector, companies to continuously innovate and prepare for international competition. offers.

Here are all these reasons we mentioned and more we can’t count: Tech giants are leaving the Far East prepares the ground.

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