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China has become an integral part of the growth plans of many US businesses, not just because of its sheer size but also due to its strategic importance. "China is actually becoming the leader in many markets and technologies that we are interested in," said Shafer, referring to digital platforms in China that help companies engage with customers. Huff, a political veteran, made these remarks in an exclusive interview after China's annual Central Economic Work Conference in Beijing. During the meeting China's top leadership reviewed the country's economic work in 2018, analyzed the current economic situation and arranged economic work for the coming year. A former California State Senator, serving from 2008 to 2016, Huff said that periodic review of real-world results from a count...

The popular Swiss manufacturer of keyboards and webcams, Logitech is reportedly in talks to acquire and take over a U.S. maker of Bluetooth earpieces and gaming headsets known as Plantronics. If the deal goes through, it would be Logitech's largest acquisition and would illustrate the company's push to diversify its business. It would come as Logitech and Plantronics seek to keep down manufacturing costs following the introduction of tariffs on imports from China into the United States. For this purpose, the company has offered more than $2.2 billion to acquire Plantronics as stated by a source. Plantronics had a market capitalization of about $2 billion. If the acquisition is confirmed, a deal between Logitech and Plantronics could come as early as next week, cautioning that it w...

Tag: businesses

China to Pay an Increasingly Vital Part in US companies’ Growth Plans

Logitech Eyeing to Take Over US based Tech Firm Plantronics