Pains and gains of SMEs
Updated: 2012-06-07 08:03
By Chen Limin(HK Edition)
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A factory house that Hanbo Enterprises Ltd closed this April. The OEM and ODM garment maker, which aims to be a supply chain manager, is sending equipment of the closed factory to its manufacturing partners overseas. Chen Limin / China Daily |
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Workers make toys at Jetta Company Limited, a Hong Kong-headquartered OEM maker in the toy industry. Zou Zhongpin / China Daily |
The global economic crisis has forced tens of thousands of small and medium-sized enterprises to collapse, but equally, thousands of other innovative ones have become success stories, progressing up the value chain ladder from original equipment manufacturers (OEM) to original design manufacturing (ODM). Chen Limin reports.
(HK Edition 06/07/2012 page2)