Powering your dreams
by Wei Leen on Feb.11, 2009, under china, industry
This post today can almost be called a stock tip. What would you do if you were one of the largest battery manufacturers in China for cell phones and were looking to diversify?
Which of the following moves would you choose to implement and secure your company’s future?
- Research into super-efficient batteries that will indirectly help cut back on emissions from power plants.
- Buy up electronic components manufacturers to capture more of the value-added chain in producing electronic devices.
- Diversify and enter the car manufacturing market with one of the country’s first hybrid cars.
If your razor-sharp business acumen led you to pick option three, congratulations! Your brand of strategic leadership is worthy of a massive capital injection from Warren Buffett.
Chinese companies are not known for the build quality, or the safety, of their products. But with this baby from BYD Auto already in mass production, there is every chance that this could soon change.
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