On July 8, 2024, David Nie, Vice General Manager of Chinastar M&C, was invited to participate in the roundtable high-level dialogue on "The Way of Local Components Going Overseas" of the "Core Shine Program", which was jointly organized by the China Sensor and Internet of Things Industry Alliance (CSIITA) and its strategic partner, Supplyframe Quadripartite Dimension, on the site of Electronica Shanghai. The "Road of Local Components to Go Overseas" Roundtable Dialogue, jointly organized by China Sensor and Internet of Things Industry Alliance and Supplyframe.

      The "Core Yield Program" was developed to promote the internationalization of the local component industry, aiming to promote the internationalization of the local component industry, gather the wisdom of the industry, and jointly explore the strategies and paths for components to go overseas, so as to enhance the competitiveness of the local component brands in the global market.

       At booth E5-5200 of Shanghai New International Expo Center at Electronica 2024 Munich Shanghai, David Nie, Vice General Manager of Chinastar M&C, shared and discussed with Sifangwei's Marketing Director, Nanjing Wotian's Chairman, and Shengmidi's General Manager at the seminar.

Discussion Topics

•               As a local component company, should we "go to sea", what are the basic elements before choosing to enter the overseas market?

•               How to layout the overseas market, what factors to consider the layout of the overseas market        

•               How to reach customers and find business opportunities                            

•               How to balance the choice of direct sales and channels                            

•               The current progress and risk points of the company's overseas market deployment              

      During the roundtable discussion, David shared the considerations of Chinastar M&C's current layout of overseas markets, the main status quo and existing challenges, as well as the crises and opportunities that the sensor industry will encounter in the global competition in the future from multiple perspectives. After the roundtable dialogue was successfully concluded, the participating enterprises attended the cocktail party organized by the organizer, and deeper exchanges and interactions were held among the enterprises.

About Chinastar M&C

        Founded in 1996, Chinastar M&C has obtained 119 patents (including 19 domestic inventions and 1 U.S. invention patent) and 9 software copyrights. Now it is a specialized, special and new small and medium-sized enterprise in Shaanxi Province, an intellectual property advantageous enterprise in Shaanxi Province, a national intellectual property advantageous enterprise, the main enterprise of the Internet of Things (IoT) industry chain in Shaanxi Province and the main enterprise of the IoT industry chain in Xi'an City, and the fourth batch of pilot demonstration enterprises of the National Intelligent Healthy Pension; and it has taken the lead in the formation of the Xi'an City IoT ubiquitous engineering innovation consortium and the Xi'an City Intelligent Pressure and Inertial Sensors Engineering Technology Research Center. It has won the first prize of Science and Technology of Shaanxi Province, the Industrial Excellence of Shaanxi Province, the third prize of China Electronics Society, the Excellent Product Award of Internet of Things of Shaanxi Province and the honorary title of Preferred Internet of Things Solution of MIIT.

     Chinastar M&C has passed the ISO quality, environment, occupational health and safety system, the international IECEx explosion-proof system certification and the European ATEX explosion-proof system certification, intellectual property management system certification. Many products have passed UL, CE, RoHS, REACH, GB3836, IECEx/ATEX explosion-proof electrical products and other domestic and international certifications. The sales market covers more than 80 countries and regions around the world, and the export ratio reaches 50%. Chinastar M&C adheres to the global vision, constantly focuses on customer needs, provides customers with high-quality products, services and solutions, and assists customers in realizing sustainable growth.