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Winners of the CMECMA are determined by the results of the Purchasing Behavior Survey on China Electronics Manufacturers (PSCEM), held annually by CEEIC and CNTronics. The purpose of the survey is to improve communications of supply and demand parties, promote new supply services, and enhance purchasing productivities.
As part of the survey, qualified survey respondents are asked to score candidate companies on corporate image and performance in eight categories: brand awareness, lead time, product mix, technical support, product quality, technical leadership, supply capacity, and performance cost ratio. Winners are determined by total score, and Vishay received a CMECMA for its high marks in the “Discrete Semiconductors” category.
CMECMA winners were announced on Nov. 3 at the China Electronic Component Market Summit, held at Shanghai New International Expo Centre in conjunction with the China Electronic Fair (CEF).
{complink 6199|Vishay Intertechnology Inc.}
I'm actually slightly surprised that 44% of the net sales came from inside the U.S., obviously (as you mention) there is extensive room for growth there and the company has yet to fully take advantage of international demand.
A small example of this: here in NYC, the Apple stores were briefly criticized for being hesitant to sell iPads to groups of Asian people paying in cash (more information here). That's because — for a time — there was significant money to be made simply by buying iPads in the states and shipping them to buyers overseas for a premium.
Now I'm not sure when (or even if) Apple will ever reach that 60 to 70 percent worldwide sales ratio you mention, but I'm fairly certain that won't be achieved in the short-term. 5, 10 years ago… who knows? If we've learned one thing from Apple's ups-and-downs thus far, it should be that their future is a great big unknown.
Why would Apple store not let people buy in cash?? Even if someone buys with credit card he can still sell it overseas.
True, also I'm pretty sure that people of non-Asian origin are perfectly capable of shipping packages overseas.
Anyhow, that whole ordeal would have never happened had they had a more coordinated worldwide launch. Just a small example of Apple's current attitude towards the International market.
$51 billion in the bank account shouldn't be a reason to be in legal dispute with other companies. This is the black side of Apple.
-Susan
I think it would be fair to say that Apple has not really impacted the developing world, which reflects the not-so-impressed attitude of the population in these countries. This could be a challenge with other platforms catching the imagination of the young folks in countries like India, Brazil, China and this group is a huge market!
Using credit cards for sales is a good tracking tool for business owners. I bet Apple would not necessaily mind cash or credit, but the data generated with these cards helps their business team to project future sales by geography.
In addition, Apple's total of $51.1 billion, out of which 25.4 billion is packed away in long-term investments is a proberly why investors can look away from the volatility of their stocks.
I actually wasn't as surprised that 44% of Apple's sales are her in the US. Their product launches are timed in the US first creating a backlog in demand. However, I'm not sure I understand Apple's hesitancy to do a global launch a create a worldwide demand and therefore maybe even a worldwide standard. This, I believe may open up the doors for their competitors when they release like products. Maybe Apple has been doing business a certain way for so long, they are hesitant to change and having $51B in the bank is their affirmation that they are doing something right!
Even I also, some times get confused about why apple releasing the new products only in US market, why they can’t they go for global. Each product coming from Apple is a resultant of their continuous research and innovation for several years, by spending billions of dollars. While they are releasing the new products locally, it gives a green room to the competitor, for at par products. During one of my foreign trip, happened to use a gadget which is similar to that of Ipad in function and feature wise, But cost wise its half of Ipad. Here the innovative power of Ipad is copied by the local manufacture and they are selling the same thing with different brand name.
If apple is planning the release of new products globally, they can reduce the production cost and hence the customer can also be benefited.