2 ms·
> India and China are so vastly different markets, that most of the products made for US really dont fit outside US. What? Most successful US companies end up
by morgante 10y ago
> India and China are so vastly different markets, that most of the products made for US really dont fit outside US.
What? Most successful US companies end up developing massive international markets. In fact, for many top tech companies their international revenue can exceed domestic revenue.
This is in stark contrast to Indian and Chinese companies where even the biggest successes have a lot of difficulty appealing internationally.
- shas3 10y agoUh, it's not that clear cut. Also, the line is drawn along the lines of developed vs. developing economies. Having lived in India and had some experience with US multinational companies, the 'massive international markets' in developing countries are limited to electronics, automobiles, and computer science: a few companies like Ford, GM, Microsoft, Intel, and most significantly, Apple. In other industries, companies like Unilever, P&G, etc. setup subsidiary structures because the markets in India and China are often much smaller in $s. At the same time, in structures similar to how P&G or Ford manage their Indian or Chinese businesses, Indian and Chinese companies control US/European corporations: Jaguar Land Rover, Volvo, Starwood Hotels, AMC Theaters, etc.
- morgante 10y ago> Uh, it's not that clear cut. Also, the line is drawn along the lines of developed vs. developing economies. It really is. No developing economy companies enjoy anywhere near as much international success as American companies do, however you want to parse it. Since this is a tech forum, we're talking about tech companies. You already noted how Apple, Intel, Microsoft. Add on Google, Facebook, and Amazon and you can see that almost every single major US tech company has strong international profits.