More Tech Firms Innovate in Silicon Valley, Sell Overseas

SiliconValley.com says that the United States is “still the world’s largest tech market” and Silicon Valley is definitely its hub. Foreign firms are taking advantage of this by setting up shop to produce their technology in the Valley, but with no plans of marketing their products here. Companies come here to “leverage the brainpower” in the Valley — a different twist to “globalization”.

Rather than merely seeking out low-cost talent abroad, these companies hire brilliant minds in the Valley to create products that, at least initially, are designed for other cultures.

(Read more.)

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