“When I went to China for the first time in 1978, I saw workers stringing together computer memories with sewing needles,” said Patrick J. McGovern, the founder of the International Data Group, an early investor in Tencent Holdings, one of the most successful Chinese Internet companies. “Now innovation is accelerating, and in the future, patents on smartphones and tablets will be originated by the Chinese people.”
Power in Numbers - China Aims for High-Tech Primacy - NYTimes.com
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