They've been building a community for 15 years, and as requirements for electronics industry content and communications channels have grown, so have their services. The venture will build on Global Sources' local market-leading brands, and more than 40 content and sales representative locations throughout the region. The announcement allows CMP to offer a truly worldwide technology market to its high-tech clients, while benefiting from an alliance with Global Sources' proven technology content and B2B marketplace. Growth in traffic at Global Sources technology websites is currently growing rapidly. The joint venture will quickly add specialist Korean-language and electronics purchasing portals to Global Sources' existing Chinese and English technology focused sites.
China is central to the joint venture's plans.
The leading technology companies all see China's electronics industry as their single biggest growth opportunity worldwide. This industry demands high levels of overseas technology, components, equipment and parts to sustain both export-led and domestic electronics demand. Global Sources has been operating for over 29 years and in mainland China for more than 15 years in more than 30 locations. The Global Sources network also includes six technical websites and magazines that focus on Asia and China and produces five annual technology industry events that together serve a community of more than 150,000 technology decision makers. The Global Sources community currently includes over 203,000 active buyers who are able to locate over 89,100 supplier contacts from more than 90 countries and source over 83,800 products per day, with detailed specifications and color images.