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WHY TAIWANESE COMPANIES ARE LATECOMERS TO CHINA

For HTC, Taiwan's biggest maker of mobile phones, China seems an obvious market.

The company manufactures its phones in China, its Taiwanese headquarters are within 500 miles of Shanghai, and it shares language and culture with the mainland.

However, after a four-year transformation, HTC is only now introducing itself to Chinese consumers - reflecting how Taiwanese companies have thought global first and local second.

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