Why China?

The CEO of San Jose-based Sage-N has a good answer to that question. I find the order interesting.

Drug Discovery News: Informatics

Why China? Simple, Chiang says: Market, talent and cost — in that order of importance.

He also notes (with my emphasis):

Chiang plans to roughly double the size of Sage-N with the expansion
into China, and expects staffing to be about evenly split between
Silicon Valley and Shanghai, at first. In the long run, though, Chiang
thinks having close to 80 percent of staff in China and around 20
percent in the United States—with a smattering of people in Europe—is
the best mix for the company.

Comments

[Account Deleted]

Thanks for the post. It is interesting, but not all that surprising that "market" would be first on the list. I am constantly blogging on how China's mid and high end market is exploding. I also note how Mr. Chiang likes the idea of establishing Sage-N's Asian base in China. This indicates how advanced China is in terms of communications and logistics.