With an industry as ever changing as the computer hardware ad software industry there is always a need for new ideas. While the major industry leaders such as IBM and Microsoft come up with innovative new ideas there are also other lesser-known emerging companies in the industry that are growing rapidly. Last year a hardware company out of California called MaxLinear became the largest growing hardware company in the United States. The company was established in 2003 and in just seven years grew to a 51.4 million dollar company. MaxLinear makes products that enable broadband video to be displayed on electronics such as mobile phones and PCs. Over the course of a three-year period the company experienced 8784.1% of growth. They got their big break when, two years into the start of the company, they created their first prototype and it was picked up by Panasonic and have since become a publicly traded company.
The United States isn’t the only place where entrepreneurs are experiencing growth within the industry but companies overseas are as well. In India there is a company called Best IT World and they are currently causing quite a stir in the market of tablets. Last month they released a 7-inch tablet at a retail cost of $303, which is considered a low cost in the tablet market. In countries like India people are buying tablets as a replacement to personal computers unlike in the U.S. where consumers tend to buy tablets as an addition to PC’s. The idea that tablets could begin replacing PCs in some places could make the competition for low pricing important in those areas. Where, in this case, a lesser-known company can compete with the more expensive ones by having lower priced electronics which is where entrepreneurs in the industry could have a change to flourish.
Sources: http://www.inc.com/magazine/20100901/americas-fastest-growing-computer-hardware-company.html
You brought up many interesting points. I think it is particularly interesting that in other parts of the world, such as India, consumers are using tablets as their only computer,
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