Pioneer Computers has been one of those companies I have been impressed with for a while. While not a household name, the products I have looked at from them have been simple but effective, and it was obvious that the owner Jeff Li has great contents with the Chinese and Taiwanese manufacturers.
So when I got a press release from Jeff, about agreements he has made in Sydney, I am glad he was able to achieve some stunning successes.
From the press release:
The Australia – China (Shenzhen)- Economic and Trade Cooperation Conference & Signatory Ceremony was held in Sydney, 7th September 2012.
With opening remarks by H.E. Mr. Barry O’Farrell, Premier of New South Wales, H.E. Mr. Xu Qin, Mayor of Shenzhen and H.E. Mr. Duan Jielong, Consul General of China in Sydney, the event was attended by over 600 guests from Australia and China.
As one of the seven members in NSW government delegate led by Premier, Pioneer Computers participated in the VIP meeting with Shenzhen mayor and his 12 members delegate. Pioneer computers has present its plan to set up a RMB 500M (AU$76M) R&D Centre in Shenzhen to NSW Government and Shenzhen government, Shenzhen mayor warmly welcome and offered great support to research and development projects from Australia in Shenzhen, indicating Shenzhen is one the best technology hubs in the world.
First of all, the fact that the NSW government is investing effort and resources to the project is good news. Secondly the R&D project in Shenzhen, close to Hong Kong and a growth corridor in China, is also a good move. And Pioneer is working to develop a tablet for educational market is both a rich market and sensible business move. Pioneer and Shenzhen 3nod Information Technology Co Ltd (a South Korean company) are tapping into a good market that should continue to grow even if the Chinese economy starts retracting.
I do hope this is project is successful, for both Pioneer and the NSW government. While a similar techs research project could have been spent in Australia, the IT market place is more mature and is experiencing a skills shortage. NSW can benefit with these agreements, especially if China transition from manufacturing to innovation.
I of cause can be horribly wrong, so if you have any feedback or opinion,. let us know.