Dragon Multinational: A New Model of Global Growth

Wipro and Acer in Europe

Not set up a subsidiary in the country since this may jeopardise the relations with its venture partner. The article says its to prevent HCL-HP fate. HP had 50% stake, JCL 26% and the rest 24% is public and financial institutions. It seems to be a common thing to go IPO with 25%.

1991

HP                                                                                    HCL
technical & managerial aspects                                      strong distribution network
                                                                                        indepth knowledge of domestic market

HP-HCL
customer service centers
manufacturing centers