Shenzhen, China... Where 90% of Your Electronics Come From
WIRED put together this incredible documentary about "The Silicon Valley" of Hardware, found in Shenzhen, China. Shenzhen is China's "innovation center", and connects China's mainland with Hong Kong.
In just 40 years, Shenzhen has transformed from a fishing village full of rice paddies, to the electronic-manufacturing center of the world. It is estimated that 90% of electronics today come from here. Hardware prototyping and "copycat manufacturing", which is illegal and highly regulated in the West, is not restricted here. The legal landscape, as well as tens of thousands of electronics manufacturers being in close proximity to each other has created a booming ecosystem for Shenzhen to thrive in.
As a perfect example, people are mashing up Android and Apple products. You can get virtually any piece of hardware you want in Shenzhen, in quantities of 1 or 2, all the way up to a million plus. None of this has to happen behind closed doors or on the black market - it is out in the open and the possibilities are limitless.
Whereas in the West, it may take a year or even several years to develop a new product, in Shenzhen, it takes a 2-3 months. This niche market is not possible here in the West because of the legal obstacles.
Here is the documentary by wired if you want to know more:
I also found this great Forbes article that helps paint the picture of just how unique and incredible this innovation center is:
From the article:
"Today Shenzhen is the world's up and coming maker hub, a place where people go to make things (usually electronic). Its Huaqiangbei market is famous as the place where you can buy anything and everything electronic in quantities ranging from one to one million"
I was utterly bewildered when I learned about Shenzhen.
If you want to learn more, here is another informative article from Legacy Ventures (an organization specializing in 'immersion programs' for corporations and academics, focusing on business practices):
I hope you enjoyed these as much as I have, and that you'll stay tuned for more incredible updates on our rapidly evolving society, and things like technology, investing, geopolitics, and life!
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