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Finding a Home Among the Tigers ; For Hewlett-Packard, Asia Is Now a Crucial Region for Making and Marketing Its Goods
- Article from:
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The Washington Post
- Article date:
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November 19, 1993
- Author:
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Copyright informationCopyright 1993 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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When Hewlett-Packard Co. started operating here in 1970, it paid
62 Singaporeans about $1,400 a year each to sit at long benches
stringing tiny magnetic rings on strands of wire for use in
computers.
The venture reflected how most U.S. companies viewed Asia then - a
region with a large supply of cheap, diligent labor but little
potential for anything else.
Today, Hewlett-Packard's presence in this area is far bigger,
employs legions of professionals, is growing fast and is largely
driven by Asia's emergence as one of the world's major markets.
The success here of the Palo Alto, Calif.-based maker of
computers, printers and other electronic equipment is a testament to
the rising ...
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