6/23/2024

Real growth tech companies are run by Chinese entrepreneurs

LAUSANNE, Switzerland: At 61, Nvidia CEO Jensen Huang is not your usual Silicon Valley tech rockstar. Meta CEO Mark Zuckerberg achieved stardom before age 30, as did Bill Gates and Steve Jobs. This week, Nvidia overtook Microsoft and Apple to become the world’s most valuable company, at about US$3.34 trillion.

It’s not like Nvidia builds products that consumers can easily relate to: Unlike iPhones or Facebook, most of us never directly buy or even see Nvidia’s graphics cards or artificial intelligence chips. CNA

No one could expect this to happen, a Chinese owned tech company to worth more than Apple and Microsoft, to the tune of US$3.34 trillion. Jensen Huang is a Chinese American who came from Taiwan, China. 

There are many more top tech companies owned and run by people of Chinese ethnicity, Morris Chang of TSMC, Lisa Su of AMD, Ren Zhengfei of Huawei, Liang Mong Song of SMIC, Wang Chuan Foo of BYD, William Li of Nio, He Xiaopeng of Xpeng, Lei Jun of Xiaomi, Robin Zeng Yuqun of CATL, Zhang Yiming of ByteDance/TikTok, Jack Ma and Joseph Tsai of Alibaba, Sky Xu of Shein, Colin Huang of Pinduoduo/Temu, Frank Wang Tao of DJI, etc, etc, etc.....

These are all growth companies in the tech industry. What about the likes of Apple, Microsoft, Google, X, Meta, etc etc? They are in decline after being taken over by their Indian CEOs. These companies are not growing anymore and would soon be just another company. The only American company that is still growing is Musk's Tesla and his SpaceX tech company. Musk just bought over Twitter to save Twitter from declining by sacking the Indian 'talents' in Twitter now renamed X.

The growth of Chinese owned tech companies is just beginning and the sky is the limit. The western media would not breathe a word about how successful these companies are and how capable is their Chinese leadership and management. The test is in the results, with innovations and new products flowing profusely out from these companies. The Chinese would not blow their own trumpets to tell the world how good they are, but keep on working diligently, quietly, endlessly, to be the best they can be.

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