Three Chinese IT Enterprises Rank Among World Top 200

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Last updated at: (Beijing Time) Thursday, June 20, 2002

Three Chinese IT Enterprises Rank Among World Top 200

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The latest issue of the US "Business Week" on June 24 ranked the world top 200 IT enterprises.

Among the top 200, Asian IT enterprises have withstood the test of economic depression and are now glowing with vitality, dubbed as "oriental bright stars" by the magazine, and 7out of the top 10 are enterprises from Asian countries and regions including the ROK, Taiwan and China. Samsung Electronics, a magnate in the areas of semiconductor, mobile phone and electronics, jumps to number one this year despite its failure last year.

The resounding success of the Asian IT enterprises is thanks to the collapse of the US technological stocks and less demands for desktops and bandwidth services in the Western countries. Moreover, It is the features of the Asian IT enterprises that help them make greater achievements despite the world economic slump.

Gap between Chinese and other Asian IT enterprises

Huge domestic demands are the motive of the fast development of the Asian IT enterprises. The Chinese consumers' strong demand for mobile phone service has pushed China Mobile as an IT enterprise to the 6th placing in the world.

However, while 30 Japanese enterprises and 15 Taiwan's enter the top 200, China has only 3 on the list, which are the number 6 China Mobile (Hong Kong), the number 80 China Unicom and the number 129 Hong Kong Legend Group. A big gap still exists between the Chinese and other Asian IT enterprises in terms of ranking and the number on the list.

In respect to single items, take total revenue for example, China Mobile ranks 27th, China Unicom, 53rd; for the growth rate, Mobile, is placed 7th, Unicom, 21st; for the stock net profit, Mobile, 10th, Unicom, 50th; for the shareholder profit, Mobile, 101th, Unicom, 106th; for the enterprise profit, Mobile, 4th and Unicom, 20th.

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