International Champions
<h>China's strongest</h>international competitors were honored with the inaugural "Most Globally Competitive Chinese Companies" award for their achievements. Huawei Technologies, the Haier Group and Lenovo were among the winners. Following an in-depth analysis of over 200 companies and verdict from a panel of high-level business experts, the consultancy has revealed those 20 companies with exemplary internationalization strategies. Prizes were awarded at an evening ceremony at Beijing University on June 28, which was attended by international business and academic leaders, including Yongtu Long, General Secretary of the Boao Forums for Asia, Jirong Li, Vice-President of the Shanghai Automotive Industry Corporation, and Lan Li, Vice-President of Lenovo "We initiated this competition to raise awareness on the best practice strategies of Chinese companies in the global market and to honor their achievements," said Burkhard Schwenker, CEO of Roland Berger Strategy Consultants. The top three finishers include telecommunications giant Huawei, household goods manufacturer Haier and computing firm Lenovo. Special awards were presented to the companies with strongest performance in regional markets, including Europe, the United States and the emerging markets. | ||||||
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Huawai Technologies won "Best of Chinese Companies in Europe" award, while the Haier Group took home the equivalent award for the US market. ZTE's India branch was honored with the "Best of Chinese Companies in Emerging Markets" prize. Huawai Technologies, already an established name in the global telecommunications business, claimed the top spot in the ranking and the prize for best performance of a Chinese company in Europe. Its products are sold in over 100 countries and serve over one billion users world wide, with 68% total contract sales in the third quarter of 2006 from the international markets. In addition, it has extended its R&D capacity to 12 facilities across the globe including two in the US and others in Sweden, India and Russia. It employs local hires throughout its various dependencies and invests strongly in training and lifelong learning. In 2006, Huawei achieved a total overseas business turnover of US 5.3 billion, corresponding to 65% of total sales revenue and a 73% growth rate for the past three years. Members of the international jury praised Huawai's development over the past few years. "The company has build up a truly global R&D capacity, manufacturing, marketing and a wide sales system. It is able to integrate resources globally, giving it worldwide competitiveness," said jury member Xiang Bing, President of Cheung Kong Graduate School of Business. | ||||||
The US branch of the Haier Group, the fourth largest home appliances manufacturer in the world, was honored with a special prize for the inroads it has made into that market over the past few years. Haier produces refrigerators and a wide selection of household goods in addition to air conditioners and home/personal technology products, such as televisions and mobile phones. Haier Group achieved a total overseas turnover of US 3.3 billion, corresponding to 24.7% of total sales revenue and a 4.2% growth rate for the past three yearsIn 2006, Forbes ranked the company as the third largest in the global electronics industry behind Samsung and Philips. In selecting Haier to one of the top positions in the shortlist, jury members highlighted "its intelligent use of the comparative advantage of the Chinese economy, its demonstrated R&D capacity and its high financial transparency." The jury also cited the group's large number of patented technology certificates and intellectual property rights for its software as deciding factors. | ||||||
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Lenovo became a household name with its landmark acquisition of IBM's Personal Computing Division in May 2005. It is a global company with executive offices in Raleigh, North Carolina, USA, Beijing, China, and Singapore and a global sales network. The firm employs more than 19,000 people worldwide and generates approximately US 13 billion in annual revenue. In 2006, the Lenovo Group achieved a total overseas turnover of US 8.6 billion, corresponding to 65% of total sales. The jury praised Lenovo for the aggressive way it has built its brand name over the past few years and the effective integration of IBM structures into its business.
ZTE's India branch was recognized for its outstanding achievements in an emerging market. It works on the design, development, production, distribution and installation of a range of telecommunications systems and equipment, including wireless communications, handsets and software. The jury recognized its strong commitment to local human resources policy with its award. They also highlighted the company's strong innovative capacity: As of August 2005, ZTE had applied for around 3000 national or international patents, 90% of which are innovation patents with associated intellectual property rights. Other companies named to the shortlist include car manufacturer Chery Automobile, Air China and the Bank of China. Further information can be found on our competition website. If you have questions or comments, please do not hesitate to contact us:  | ||||||
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