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Top 10 Most Innovative Companies in China 2012

Top 10 Most Innovative Companies in China 2012

In the recent blog post on FastCompany.com, the author enlists the top 10 most innovative companies in China in 2012. While all the big brands are there, it is interesting to find out if there are any new and emerging businesses rising up in the ladder of being the most innovative companies in China. How many of these top 10 Chinese companies are part of the top 50 most innovative companies in the world?

China has been the center of innovative excellence for a few years now. Here are this year’s top 10 most innovative companies in China. Is your favorite in there?

  1. Tencent: Tencent is growing fast and aims to compete with Apple and GetJar. It has revolutionized the China internet sector and is moving westward now. It has 300 million users, 3 billion dollars in revenue and profits are soaring above 1 billion dollars. Recently, it has entered into a partnership with Zynga through one of the large acquisition by a Chinese company of a US company.
  2. Greenbox: Gone are the days when Chinese used to wear simple clothes. Now they are trendy, advanced and especially their children wear the latest creations from Greenbox which has recently won the rights to Disney Princesses collection, Winnie the Pooh, and Mickey and Minnie Mouse.
  3. UnitedStyles: This is a women’s clothing company which has integrated the internet. The customers can chose cloth, design and order. They can preview their own clothing through a Facebook connect enabled service. The clothing is very affordable and price range is between 50 to 100 US dollars. The garments are produced through digital textile printers and the company plans to introduce men’s clothing as well.
  4. Lenovo: This company introduced the first ever eye controlled laptop in the year 2012. It has no match in speed, innovation and quality. Lenovo is the China’s global brand.
  5. Suntech Power: It is the solar power producer and after expanding in China, this company has obtained huge solar power production projects in India and Bangladesh.
  6. Renren: Renren is the Chinese social networking website that has now decided to go international and expanding fast. Recently it has acquired video sharing, light blogging, instant messaging and gaming capabilities in partnership with MSN.
  7. BYD: This is the company which built the first ever Chinese electric transport. Their latest production is the passenger bus which additionally converts electricity through solar panels, has zero emissions and can cover a distance of more than 150 miles through a single charge. Hertz car rentals have entered into a business with this company and many others are planning to.
  8. Innovation Works: This company provides is meeting the needs of China’s ever expanding tech market by providing funding and in-house coaching to the early-stage companies. It is expanding very fast.
  9. Alibaba: Alibaba is aspiring to take some share of Apple’s mobile market share. They have launched a cloud-powered mobile OS. Now the users are able to sync their data to Alibaba’s cloud data center and can access their contents.
  10. Huawei: Huawei is one of the biggest telecom companies in China that has set her feet few years back in the international market and now captures large shares in some Asian and African countries. Huawei is becoming well known for the telecom products as well as telecom services.

Note: The preceding is a summary of an article found though our research, and is provided here with editorial comment for members only. Please see the full article at the following link for full original content. http://www.fastcompany.com

The New Asia Innovation Team

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