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Monday, April 26, 2010

Chinese bargain hunting in Silicon Valley

Great quote:

"We ask them, what is your objective? Are you here to acquire people, technology or assets?" said Lilly Chung, a partner in Deloitte who advises Chinese companies. "They say, 'Oh, we really don't know. The assets look cheap. It's an opportunity. We'll get it and figure out what to do.' "

Chinese companies are bargain hunting in Silicon Valley - Mercury News.

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