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Technology transfer. In the early 1990s a first
wave of Chinese computer engineers, many from Taiwan, came to earn graduate degrees at Berkeley and
Stanford and then landed jobs at leading Silicon Valley firms such as Intel and Hewlett-Packard.
At times, the more ambitious moved back to Taiwan to build semiconductor foundries.
Now, the latest wave of Chinese engineers comes from the mainland itself.
And though they still seek their advanced degrees at universities such as Cal,
they hope to eventually use their accumulated training to grow start-up businesses
of their own back on the Chinese mainland, says George Koo, who directs the China
Service Group at consulting firm Deloitte & Touche in San Jose.
| The latest wave of Chinese
engineers comes from the mainland itself. And though they still seek their advanced degrees
at universities such as Cal, they hope to eventually use their accumulated training to
grow start-up businesses of their own back on the Chinese mainland.
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Bin Tang typifies this newest trend. Tang, 33, who studied physics in Nanjing
but collected his graduate engineering degree from Stanford, took his first jobs after
college working at Silicon Valley start-ups focused on designing innovative integrated
circuits. But three years ago Tang decided to plunge into California-style entrepreneurship
with a company focused on the market in his homeland. His new company, Yeepay, allows
Chinese customers to place Internet orders and pay their bills directly through their
cellular phone accounts, rather than by using credit cards. Three-quarters of his 70-member
staff is based in Beijing, and Tang says he himself may return to China next year because,
that’s where the action is, that’s where the market is.
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