to the World
In Search of the Next Tech Titan
Hear from the experts who are making it happen
February 13, 2020
Is Three A Crowd?
Israel - China - US
Silicon Dragon asks this timely question
to the pros.
Use partner code:
"the most complete chronicle of China's meteoric rise in
the past decade."
in Tel Aviv
Feb. 12, 11am
Los Angeles: March 19
From Eyeglasses to Backpacks, U.S. Firms Scramble as Cornovirus Closes
U.S.-China trade tensions already pushed some companies to rethink where they manufacture. Now the coronavirus has made this more urgent.
US companies with operations in China are feeling the sting. Zenni Optical, a Bay Area eyewear company aired its first Super Bowl ad this month but faced slowed deliveries to customers of several weeks.
Flights are canceled, travel is stalled and factories in parts of China have shut down as the coronavirus spreads.
Factories and businesses traditionally shut down during the Lunar New Year holiday, but this year Chinese authorities are ordering them to remain closed after the holiday period in an effort to contain the disease.
Palo Alto's Tesla expects a delay of at least a week in Model 3 production at its Shanghai factory because of a government-required shutdown, and other car makers are also grappling with closures. Foxconn Technology, a major Apple supplier, has closed its factories for now.
One major challenge is that operations are interconnected. A factory in Beijing could depend on a small component made in Wuhan, halting the entire process, said David Kaufman, director of global strategies at Nixon Peabody. Car maker Hyundai, for example, recently said it would suspend production in South Korea because the virus had disrupted the supply of parts from China.
In light of the virus, some US companies are assessing whether to bring
manufacturing back to the U.S. while others are considering other low-cost countries in Asia, said Rosemary Coates, executive director of the Reshoring Institute.
Qiming Venture Partners
Life sciences software maker
(SDGR) rocketed in its debut on Nasdaq, closing up 68%. Qiming Venture Partners participated in Schrödinger's Series E funding round in November 2018.
Boustead's Dan McClory Talks China Tariff Cuts and Coronavirus on 'Clearcut with Michelle Makori'
Rebecca Fannin talks about the roll-out of 5G and Huawei's win in the UK
Chinese Abandon Food Delivery Fearing Drivers Will Spread
China's food-delivery industry is
far more pervasive
in than in any other country, serving more than 500 million customers and employing 3 million delivery drivers. But as the virus death toll rises, those delivery workers are being shunned as potential carriers of the disease.
That is rattling the
business and every slice of the economy it touches. Restaurants that rely on the services are moribund. Consumers are
for alternatives. via
WeChat: Who Can Stop?
WeChat users spend four hours a day engaging with the app. Its ecosystem shows what it really means to be a superapp, via @mbrennanchina.
The WeChat Ecosystem