Odeo

Five Seattle-Area Companies, and an Apprentice, Join WTIA’s Mobile Mission to China

Published on Oct 14, 2008 in Business

Xconomy Full Podcast

Xconomy Full Podcast

Listing 1291-1320 of 1,726 episodes

Prev 30 | Next 30

Arch, In an Earlier Warning, Told Companies To Buckle Down, Brace For the Worst

Arch, In an Earlier Warning, Tol...

October 15, 2008

Scenes from the Solar Power International Conference

Scenes from the Solar Power Inte...

October 14, 2008

Brightcove Aims at the Mainstream: Talking with CEO Jeremy Allaire

Brightcove Aims at the Mainstrea...

October 14, 2008

Dendreon Sells $20M in Stock, Microsoft Teams Up with Scripps, Monster Buys BitWine, & More Seattle-Area Deals News

Dendreon Sells $20M in Stock, Mi...

October 14, 2008

Biogen Turns Down Dying Patient’s Request For Tysabri—and Explains Why

Biogen Turns Down Dying Patient’...

October 14, 2008

Targanta Preps For FDA Advisory Panel on New Antibiotic

Targanta Preps For FDA Advisory ...

October 14, 2008

Redfin Layoffs Bode Ill for Real Estate Startups

Redfin Layoffs Bode Ill for Real...

October 14, 2008

Novell Buys Managed Objects

Novell Buys Managed Objects

October 14, 2008

Dionne Takes Surface Logix Helm

Dionne Takes Surface Logix Helm

October 14, 2008

Northstar Gets OK For Second Depression Study

Northstar Gets OK For Second Dep...

October 14, 2008

Harvard Spins Off Brand Monitoring Startup Crimson Hexagon

Harvard Spins Off Brand Monitori...

October 14, 2008

MobUI Acquires Action Engine, Raises Funds

MobUI Acquires Action Engine, Ra...

October 14, 2008

Charles River Funds Webaroo

Charles River Funds Webaroo

October 14, 2008

RXi Obtains License to RNAi Delivery Technology From UMass Medical School

RXi Obtains License to RNAi Deli...

October 14, 2008

Synta Gets $25M From Glaxo For Cancer Drug Milestone

Synta Gets $25M From Glaxo For C...

October 14, 2008

Brightcove Makes Web Video Publishing Easier, Cheaper

Brightcove Makes Web Video Publi...

October 14, 2008

Turbine Powers Up West Coast Office

Turbine Powers Up West Coast Office

October 14, 2008

Sequoia Raises $10M in Sixth VC Round

Sequoia Raises $10M in Sixth VC ...

October 14, 2008

New Pfizer Incubator Chief Looks Far and Wide for New Science, But Backs Off Plans for Boston Site

New Pfizer Incubator Chief Looks...

October 14, 2008

New Pfizer Incubator Chief Looks Far and Wide for New Science, Yet Plans Off for Boston Site

New Pfizer Incubator Chief Looks...

October 14, 2008

Concert Pharmaceuticals, Flush With Well-Timed Venture Round, Aims for Hot Flashes, HIV

Concert Pharmaceuticals, Flush W...

October 14, 2008

Five Seattle-Area Companies, and an Apprentice, Join WTIA’s Mobile Mission to China

Five Seattle-Area Companies, and...

October 14, 2008

Johns Hopkins’ President Moving to Salk Institute

Johns Hopkins’ President Moving ...

October 13, 2008

CMC Icos Sees Expanding Markets for Biotech Drugs With New Factory

CMC Icos Sees Expanding Markets ...

October 13, 2008

Fallbrook Follows Qualcomm’s Patent Strategy With Innovative Transmission For Vehicles

Fallbrook Follows Qualcomm’s Pat...

October 13, 2008

How to Build a Successful Innovation Ecosystem: Educate, Network, and Celebrate

How to Build a Successful Innova...

October 13, 2008

Takeda Hands $20M Over to Alnylam, Skyhook Helps Mozilla Find its Way, Nuance Nabs Nokia Agreement, & More Boston-Area Deals News

Takeda Hands $20M Over to Alnyla...

October 13, 2008

Taking a Day Off

Taking a Day Off

October 13, 2008

SiOnyx Brings “Black Silicon” into the Light; Material Could Upend Solar, Imaging Industries

SiOnyx Brings “Black Silicon” in...

October 12, 2008

SpaceDev Founder Jim Benson Dies

SpaceDev Founder Jim Benson Dies

October 10, 2008

Prev 30 | Next 30

View all 1,632 episodes in the archive » 

Global Markets, innovation, Mobile Gregory T. Huang wrote: ‘Tis the season for grand tours of Asia. Last week, we covered life on the road wi... More

Global Markets, innovation, Mobile Gregory T. Huang wrote: ‘Tis the season for grand tours of Asia. Last week, we covered life on the road with Intellectual Ventures, as the Bellevue, WA-based invention firm launched offices in five Asian countries, including China. This week, it’s the Washington Technology Industry Association’s turn. Together with the Washington State Community, Trade and Economic Development office, the WTIA is coordinating a three-city visit to China for five Seattle-area tech companies: RealNetworks, Formotus, Mobile Semiconductor, Zoodango, and McObject. It’s the third WTIA-organized trip to China in the past year, and the first dedicated to a specific tech industry—mobile telecommunications. The trip’s focus “is on understanding the opportunity and dynamics of the China mobile market and setting up one-on-one business matchmaking meetings with the participants,” says Ken Myer, CEO of the WTIA (and an Xconomist). “Our goal with this mission is to open up business opportunities for our members who are seeking to enter or expand their presence in China.” The business opportunity is a no-brainer, given the size and growth of China’s mobile market (600 million subscribers and counting). This week’s agenda includes stops in Beijing, Shanghai, and Shenzhen, and meetings with more than 20 prominent companies, including Microsoft, Huawei, China Mobile, Hurray!, Sina.com, and Tencent. Myer says his team will also visit the WTIA’s office in the Longgang district of Shenzhen and its local host, Pacific Prestige, along with Chinese government officials there, including the Shenzhen vice mayor, Xu Qin. All in all, it sounds like a fun and productive tour—one designed to build long-term relationships in the area. I had a chance to talk with a couple of the Seattle-area companies about their expectations for the trip. Joe Verschueren, co-founder and CEO of Formotus, a Bellevue-based maker of mobile software for businesses, says his goal is “to meet with potential strategic investors and go-to-market partners. Our partner candidates include carriers, device manufacturers, device distributors, industrial handheld computer manufacturers, distribution partners, potential joint venture partners and other companies involved in the cellular mobile industry.” Verschueren adds that he sees “tremendous opportunity for Formotus in China. We believe Formotus is favorably positioned to become an important partner to IT and Telco companies in China.” Cameron Fisher, co-founder and CEO of Mobile Semiconductor, a Seattle-based maker of memory technologies for mobile handsets, emphasized the importance of really connecting with the local companies he’s meeting. “We hope to first understand the market and what these companies see as important differentiators,” Fisher says. “Our memory technology can enable new applications, especially data-intensive applications such as video sharing, mobile database access, or simply large file system access. As we understand their needs, we can help them to design better cell phones, mobile gaming devices, etc. Next we would like to partner on a next-gen handset design, and license our technology,” he says. “I expect to spend one or two years developing a few key partnerships. That would most likely include our retaining some local representation.” There’s also a local celebrity among the WTIA contingent. James Sun, founder and CEO of Seattle-based Zoodango, a business-networking site, was the runner-up on ABC’s “The Apprentice 6″ last year. It will be interesting to see what, if anything, Sun’s experience with the Donald buys him in China. Comments | Permalink | Share |  E-mail Less

Original Permalink
Copyright: All rights reserved by creator

Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Report a Problem

You may also like...

Mac EV-DO Express Cards in May?

Mac EV-DO Express Cards in May?

over 2 years old

Somebody’s Watching Me…

Somebody’s Watching Me…

over 2 years old

K1 Consumer 05: Nokia N810

K1 Consumer 05: Nokia N810

9 months old

Office Labs:  Project "Community Clips"

Office Labs: Project "Community...

6 months old

Making Games...before Popfly Game Creator

Making Games...before Popfly Gam...

6 months old

Zune Guts

Zune Guts

6 months old

A Conversation with Frank Barbieri and Peter Hoskins

A Conversation with Frank Barbie...

5 months old

A look back at my life with Bill Gates

A look back at my life with Bill...

4 months old

A candid chat with the Mobile Search Team

A candid chat with the Mobile Se...

3 months old

Onion and Leek Tart

Onion and Leek Tart

about 1 year old

Marsala Chick Peas

Marsala Chick Peas

about 1 year old

Microsoft's Holiday Preview - Windows Mobile

Microsoft's Holiday Preview - Wi...

2 months old