China’s Legend

Wired writes about Legend and its clout in China’s PC industry, where 10 million PCs will be sold in 2002:

In China it owns the PC industry. More than one-third of the 20 million computers ever sold in China are Legends. Last year, Legend cleared 2.9 million units, claiming 30 percent market share – three times more than its nearest domestic rival and six times more than IBM, the closest international brand. A Legend spin-off, Digital China, is also the main Chinese distributor of HP printers, Cisco routers, Toshiba notebooks, and IBM minicomputers, as well as a leading player in handhelds, systems integration, and servers. With $3.5 billion in revenue, a 35 percent annual growth rate, and a $3 billion market cap, Legend is the fifth-largest publicly traded Chinese enterprise.

What companies like Legend and Huawei have done in hardware, we need to do in software.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.