| When looking for a good stock to own, sometimes it | | | | company had more than 83,000 employees worldwide, |
| makes sense to look outside the United States. Folks | | | | of whom 43% are engaged in R&D. The |
| like Jim Cramer of Mad Money tell us to hold off on | | | | company reports that it dedicates at least 10% of its |
| Chinese Stocks, and yet there are a few worth | | | | revenues to R&D and is now the fourth largest |
| looking at. One that, is probably worth studying and | | | | patent applicant worldwide, with more than 20,000 |
| watching in China is Huewei Technologies; | | | | applications filed by 2007. Last year, they won 45% of |
| Telecommunication. | | | | all new Universal Mobile Telecommunications System |
| This company is going global big time, and although it is | | | | and High Speed Packet Access contracts |
| Head Quartered in China, it's not state owned. It is | | | | Now then, another global technology company to |
| already in over 100 countries, and has in excess of | | | | watch might be: The Egyptian Company: Orascom |
| 80,000 workers. The Chinese understand the value of | | | | Telecom Holdings, which is giving Global Giants |
| communication infrastructure, it is a fundamental | | | | T-Mobile, Vodafone, Telephonica a run for the money. |
| requirement for any civilization, and they seem to get it. | | | | The company even boasts a telecom contract with |
| China also announced after launching a couple of | | | | North America if you can believe that. China had been |
| additional satellites with GPS that it will be offering free | | | | flying the satellites prior for some telecommunication in |
| GPS to everyone. According to Wharton Business | | | | North Korea. |
| School: | | | | It certainly appears that the days of US Telecoms |
| Huawei currently serves 270 operators in about 100 | | | | controlling the world's communication are far gone, and |
| countries, including 35 of the world's top 50 | | | | thus, maybe it makes sense to diversify your |
| telecommunications companies. As of March 2007, the | | | | telecommunication holdings a bit. Please think on this. |