Chinese Companies Prioritize Business Over Politics at CES

Chinese Companies Prioritize Business Over Politics at CES

Xiaoyu ⁤Fan smiled as she looked around a bustling China Pavilion at ⁤the Consumer Electronics Show Wednesday as gadgets like bladeless fans were displayed and deals were being made.

Hundreds of Chinese companies were at the annual CES gadget​ extravaganza, shrugging off US-China political trade tensions and focusing ‍on taking care of business.

“I‌ believe all ‍the people in each country are ‌very good,⁢ the​ civilization⁢ of each country ⁢is ⁣very ​nice,⁢ very friendly,” said Fan, who was with the Zhejiang Crossbow Brand Electric Appliance Company from ​Wuyi, China.

“We ‌don’t care about the governments; that’s not our business” she added, a necklace around her neck spelling out the word “peace.”

About 500 of the 3,500 or⁤ so​ exhibitors ‍at CES are from⁤ China, more than last year but still not at pre-Covid numbers, according to the Consumer Technology Association that runs CES.

“The Chinese are back,” association president Gary Shapiro said in the lead-up to ⁤the Las Vegas ⁤show that ends on Friday.

Chinese titans like TCL and Hisense dazzled CES goers with stunning televisions while less well-known⁤ companies ​showed off robots, drones, electronic bikes, charging cables⁣ and much‍ more.

TCL’s partnership with the US National Football League was the ⁤main theme at‍ a CES press event, complete with appearances by sports legends.

“They certainly seemed like a​ red-blooded American company that drinks beer and watches‌ football,” ⁣said Techsponential ⁤analyst Avi Greengart.

Chinese business‍ leaders at CES included Appotronics chief executive Li Yi, whose ⁣company specializes in laser display‍ technology​ used by major companies including car makers BMW and BYD.

To Li, it seemed⁤ tension between the United States ⁤and China on​ the⁣ trade ⁤front​ was beginning​ to stabilize, and that the issue was more a battle over high technology​ than the type of consumer tech packing CES.

“For Chinese brands, being​ in‍ the US is tough in today’s climate,”​ Li acknowledged to AFP.

“But there is also an emerging opportunity; components technology companies are‌ starting to see this as a chance to ‌emerge.”

Chinese companies at CES played up​ innovation,⁤ wanting their country to be seen as ⁣a technology leader rather‍ than just a place where⁤ things can be made cheaply.

“People typically think we​ are ⁢a manufacturing powerhouse, and then people think we are copycats,” Li‍ said of attitudes towards Chinese entrepreneurs.

“There are still probably ⁤people ​doing​ that, but‌ more companies like us are trying to be‌ innovative; we really don’t want to reinvent the wheel and sell it at​ a‌ lower price.”

Futurum Group‌ research director Olivier Blanchard saw advanced computer chips used for artificial intelligence as the heart of ⁤trade friction​ between the United States and ‍China.

That technology is a⁢ far cry from what is used in‌ the cornucopia of AI-infused​ gadgets at CES‌ from pet trackers to smart beds,‍ baby bottles and electric bicycles.

“The whole US versus China thing takes a very distant backseat‌ to the dialogue that happens at CES,”‌ Blanchard said.

“Whether ​you’re from‌ China or from anywhere else, if you have a good product you’re gonna find the market.”

Despite political tensions between the United States ⁢and China in regard to AI,⁢ national security and Taiwan, it would be unwise to decouple ​the two economies since they benefit ⁢so much‍ from each⁣ other, according to Blanchard.

“I love ⁣the fact that they⁣ keep coming here every year, whether they’re from China or anywhere else, and they keep trying,” Blanchard said.

“It’s this weird churning layer ⁢of startups that⁢ are all competing to become ⁢the next big⁣ thing.”

CES 2024
Consumer Electronics Show

2024-01-16 11:41:03
Post from www.ibtimes.com

Exit mobile version