Word: xu
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Dates: during 2000-2009
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...Randy D. Xu ’04 said that when he ran into Fonseca and a friend in Los Angeles, they were “raving about the stars they got to meet...
...Brad Pitt came up, and they got to tour quite a few studios,” Xu said...
...Xu, who worked with Fonseca at Harvard-Radcliffe Television (HRTV), said Fonseca may have been displaying some more obvious hints of distress before his death...
...Xu and three colleagues originally founded Bird in 1992 to make pagers, but the company's real growth has come from catering to mainlanders' taste for cell phones with flashy color displays and clamshell cases. It's now a crowded market. There are 37 foreign and domestic manufacturers, which together can produce twice the number of phones currently sold in China annually. As inventories quadrupled in the first half of 2003, prices fell 20%, according to research firm IDC. Yet more companies are crowding in. Huawei Technologies, China's largest telecom-equipment maker, announced late last year that...
...Xu says Bird's strategy is simple: "I want to sell at the lowest price." But it is not quite so simple. As Bird moves outside China, it has to develop local know-how in each new foreign market. And Bird managers acknowledge that they're just starting to overcome the mainland's reputation for shoddy goods and build an international brand. Still, Xu says, "what Chinese manufacturers can do, foreign companies can't do"--and that's make cell phones that are both chic and unbeatably cheap. The phone wars have only just begun. --By Michael Schuman. With reporting...