China Electronics Corporation
Industry sector: Information technology
Established in 1989, state-owned China Electronics Corporation (CEC) is a giant of the IT industry, with impressive design, development and manufacturing capabilities spanning sectors such as semiconductors and electronics. In 2007 the company teamed up with Philips to assume design, research and product development responsibilities for the latter’s mobile phone business, with Philips retaining the mandate of quality control and brand support. Two years later, another alliance was forged with Japanese electronics stalwart Sharp to produce thin film transistor liquid crystal display (LCD) televisions. Through strategic partnerships such as these, CEC has sought to raise IP standards and enhance its internal design function.