In Forbes
HANGZHOU, CHINA -- Chinese entrepreneur Richard Wang is one of only a handful of businesspeople in this country to know firsthand what it's like to try to acquire businesses located in the United States.
Four years ago, his Holley Group bought a mobile phone chip-design business with operations in San Jose, Calif., Dallas and Vancouver, British Columbia, from Dutch electronics firm Philips. The business has been downsized and consolidated in Canada, but Wang considers himself successful because he obtained key CDMA (Code Division Multiple Access) technology.
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