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Zoran Establishes Joint Development Laboratory With Chinese Company.(Brief Article)
Israel Business Today, January, 2000
Amoisonic Electronics Ltd., one of China's largest home video and audio OEM companies established a joint R&D laboratory in Haifa Israel with Zoran Israel Ltd. The companies will develop digital a\v technology and products aimed at the Chinese market. The new partnership is part of the growing and developing relationship between many Israeli and Chinese companies.
These companies are finding it profitable to supply the growing market in China with Israeli technology fitted into Chinese products and marketed in China by local Chinese companies. As this partnership starts to produce big sales in China, it is expected that many more Israeli companies will start opening local branches in that country. More Israeli businessman may soon be taking Chinese lessons so...
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