Category Archives: News

Global Market

When I read WSJ*, it occasionally mentioned company trying to do business in China. Some of these companies success and some exit miserably. The companies that exiting the China market usually because of regulation imposed to them making them difficult to succeed.

However, I was wondering why every company needs to go China even when the regulations are very difficult to comply with?

The population of China is 1.3 billion. It is a very lucrative market, of course, because of the growing middle class.

If your company is located in the US, let’s say you already completely dominate the US market, you will have 318.9 million customer. The next you can go is Europe, which has 742.5 million people. If you already dominate US and Europe, the next you can go is India, which has 1.2 billion people. If you now dominate US, Europe, and India, you can next go to Africa, which has 1.1 billion people.

The world has 7.4 billion, excluding China is 6.9 billion. If your product can reach 6.9 billion, it’s a very successful product.

Of course, it’s a very utopian thinking, but my point is, why putting so much effort going into a market where its government interest is to let you in, give you unfair advantage against its local company, and kick you out afterward?

*WSJ is provided freely at work.

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Trust

The Volkswagen’s got caught cheating the test and now they are facing a lot of trouble. I like how one analyst reporting this news say: You can always pay the fine, but trust from the consumer, it’s not something you can get back easily.

Since this cheat was done by a piece of code, it is a good reminder for us as programmers. We write the software, the consumer do not see how it was written. The consumers trust you on how you handle their data. If you use them without user consent or use them to do experiment without telling them, this trust is very hard to gain back.

Let’s code a good and trustworthy software.