Hardware industry convergence speeds up

Since the 1990s, China's hardware industry has experienced rapid growth and has now become a key player on the global stage. The country is widely recognized as a major producer of metal products, but when it comes to areas like research and development, innovation, brand building, marketing strategies, company size, and financial strength, there are still significant gaps compared to leading global hardware companies. However, with the influence of the global economy, Chinese hardware firms are increasingly embracing modern technologies, and the integration between the hardware sector and the Internet is accelerating at an impressive pace.

Industry expert Chen Sufang has praised the model of collaboration between hardware companies and the offline Internet industry. According to her, leveraging the power of mobile Internet platforms allows hardware manufacturers to expand their sales channels significantly. This not only helps in building stronger brand recognition but also enhances long-term competitiveness and supports business expansion. As more companies adopt digital strategies, the potential for growth becomes even more promising.

Looking ahead, it's estimated that by 2020, China’s share of global industrial added value will rise from 5.72% in 2000 to over 10%. This highlights the need for strong, well-established hardware manufacturing groups to support continued economic growth. With this in mind, the future of the hardware industry looks bright. Moreover, the convergence of physical hardware and mobile Internet is not just a trend—it’s an essential evolution that will shape the industry's next phase of development.