Breeding grounds for China’s next ‘unicorn’
Hong Kong is becoming a hotbed for IoT start-ups and attracting a number of incubators and accelerators to set-up shop in the twin cities Hong Kong and Shenzhen, leveraging benefits from both sides. As the IoT industry gains momentum, the demands intensify. The bars for lead-times and cost efficiency are constantly being challenged by investors and the unforgiving millennial consumer will only give you one chance to deliver upon your Kickstarted promise. It’s a cut-throat competition that not many survive. Because of the heightened demands startups are choosing to set up shop...
