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EVOC Group, a high-tech enterprise in Shenzhen announced that on March 27, the company’s General Manager, Sun Wei, signed a Joint Declaration of Economic Cooperation with the State of North Rhine-Westphalia, officially establishing the bilateral partnership for science and technology projects.
During a special trip to China, Ms. Christa Thoben, Minister of Economic Affairs and Energy of the State of North Rhine-Westphalia visited the headquarters of EVOC Group accompanied by Schuppius, the Consul General of Germany Consulate General in Guangzhou. Following the Joint Declaration, EVOC Group will set up its German headquarters in Dusseldorf in April 2009, and also establish technical and service centers in other parts of Germany or Europe. After that, the two sides will continue to communicate on many cooperation possibilities, such as, science and technology projects and human resources exchange.
After the signing ceremony, the North Rhine-Westphalia delegation visited the EVOC Showroom and R&D center located in the EVOC Technology Building, accompanied by some leaders of EVOC Group. Some officials from Shenzhen Government also attended the conference, made positive remarks on EVOC Group’s development, and gave their fervent expectations for the cooperation.
In early 2009, A Chinese business delegation, led by Commerce Minister Chen Deming, signed a total of 37 procurement deals worth around 11 billion Euros (14 billion U.S. dollars) with German companies. This action greatly boosted the Germany and other European countries’ faith in the Chinese economy and the strength of Chinese enterprises. More and more people from Europe are coming to China for business opportunities. As a state ranking 7th by GDP in the world, North Rhine-Westphalia always focuses on the international exchange and cooperation among international high-tech industries. In recent years, North Rhine-Westphalia has become a particularly favored region for Chinese enterprises in making investments in Europe, especially those in the Guangdong Province. Among them, Huawei, ZTE and Midea have already set up branches or subsidiaries in North Rhine-Westphalia.
Founded in 1993 and based in Shenzhen, China, EVOC Group is a high-tech enterprise engaged in the development, production, sales and system integration of embedded and industrial computing products. Since its establishment, EVOC has managed to stand out among all other competitors via self-innovation and structure adjustment. Currently, EVOC is the market leader in the Chinese IPC industry, ranking among top three in global IPC market. Despite the adverse affect of the financial crisis, EVOC Group has maintained a 170% growth in the overseas market. The trend-bucking success of EVOC is also one of the most attractive elements appreciated by the visitors of North Rhine-Westphalia. This visit also marks the first official cooperation between the domestic IPC industry and the international market.
The domestic IPC market has been growing rapidly in recent years. The boom of the communications industry of China has catapulted the demands for embedded and industrial computing products. In China, over 70% of the next generation communication products will adopt embedded intelligent devices. In the future, the IPC market is expected to grow by more than 20% each year, much higher than the market of general-purpose PCs.
The IPC industry in China is basically keeping abreast of the latest development in the world. At the same time, the sustained rapid development of national economy of China has provided fantastic opportunities for the IPC industry. The international IPC market is predicted to grow by 15%-20% each year, while the domestic IPC market by 25%-33%. The domestic manufacturers will have a market share of more than 50%. With a growing trend towards automation and computerization in people’s work and daily life, the application range of embedded and industrial computing products will become wider and wider. For example, TCM and TVM in metro, ATM, etc.
With IPC technologies constantly evolving and upgrading, IPC products are becoming increasingly important in people’s daily life. Therefore, it is an inevitable choice for Chinese companies to become integrated into the global market, communicate with international counterparts, and also keep their technology up-to-date. The cooperation between North Rhine-Westphalia today and EVOC is the best opportunity for a Chinese company to go global, which not only brings in the state-of-the-art technology and investment, but also blazes trail for China’s enterprises.
China used to rely on its low-cost labor force and relaxed restriction to attract countless short-term foreign investments, but this kind of investment is a feet of clay foot in the financial crisis. Nowadays, China has turned from a country importing products and funds into one exporting technology and cultures. Despite the financial crisis, the GDP of China still maintained an 8% growth, and many enterprises still made remarkable profits. With a thriving economy amid a global economic downturn, China has captured the attention of the world. Many foreign countries or regions now have a faith in China’s economic prospect. Among them is the State of North Rhine-Westphalia.
Today, Ms. Christa Thoben, Minister of Economic Affairs and Energy of the State of North Rhine-Westphalia signed a joint declaration with Sun Wei, General Manager of EVOC Group. EVOC Group will set up its German headquarters in Dusseldorf in April 2009, and also establish technical and service centers in other parts of Germany or Europe. After that, the two sides will continue to communicate on many cooperation possibilities, such as, science and technology projects and human resources exchange.
The strategy of “Going Global, Bringing in” will continue in spite of the financial crisis. The steady growth of China’s economy is attracting more and more foreign people, who come to China to invite investments, and to see for themselves the real Chinese economic situation.
EVOC is one of the leading manufacturers of embedded and industrial computing products. It has over 1,500 types of products, including Fanless Systems, ETX/Com-Express, Full-size CPU Card, Half-size CPU Card, 3.5″ Single Board, 5.25″ Single Board, EPIC Board, Industrial Panel PC, Workstation, PC/104 product, CompactPCI, Network Application Platform, Rugged Laptop and OEM/ODM services. As a high-tech company, EVOC devotes itself to providing highly reliable and stable embedded products and system-integrated solutions for various applications, such as banking, electric power, electronics, energy, environmental protection, gaming, instrumentation, manufacturing, medical care, aerospace & aviation, networking, telecoms, traffic systems and transportation.