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But it has yet to develop a strong creative software industry befitting its global hardware prowess.
One global hardware provider recently told me that its kit only gets used at 20%-30 20%-30s potential because clients don't have the skills or organisational culture to use the technology properly; and this is especially bad in the public sector.
For starters, the city is home to the headquarters of global hardware giants like Samsung and LG, but the companies have built their success largely by copying and improving existing products rather than by innovating or moving into new technology frontiers.
Most global hardware startups visit Shenzhen frequently.
The city has a thriving maker community, which includes global hardware accelerator program HAX.
Give it five years," says Peter Nori, who covers global hardware for Franklin Templeton Investments, which owns $1 billion in Samsung shares.
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The Open Agriculture Initiative brings together partners from industry, government, and academia to develop an open source "food tech" research collective for the creation of the global agricultural hardware, software, and data commons.
Douglas-Westwood forecasts global subsea hardware Capex will total $145bn between 2015 and 2019 - a growth of more than 27% compared with the preceding five-year period.
Apple owns global mobile hardware profits in the market it created, making it the most valuable company on the planet (mostly).
Rather than having achieved this increase through the success of local companies, it was Taiwanese gains that propelled China's rise to the No. 2 ranking in global computer hardware production last year surpassing Japan, which accounted for $31 billion.
Faced with ever growing amounts of global data volumes, hardware engineers are aiming to maximize the density with which these media can store information.
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