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That is a dramatic rise from 2004 levels, when Chinese firms made 53 overseas purchases valued at US$3.8bn.But Lenovo's splashy takeover of the iconic US high-tech brand has so far proven to be an exception.
This Immersive Cocoon is neither a commercial product nor a viral marketing campaign for a high-tech brand.
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His stop in the San Francisco Bay area was a day of rampant, unabashed, big-money, high-tech, brand-name California capitalism.
Kevin Bermeister is the founder of Brilliant Digital, which owns many global high-tech brands, including the Kazaa music service.
It's a more "conceptual," "experimental," and "graphic" version of those relaxation modules stocked with individual speakers and comfortable seats that are provided to employees of cool high-tech brands in Silicon Valley.
The RadioShack brand was acquired by General Wireless and is trying to revive the brand through partnerships and programs, or what I would call "dragging a dead horse through the water" - I just don't think positioning a high tech brand as a middleman is where you want to be in 2016.
He added that a new high-tech cable brand and an "intensified focus on service and innovation are making a real difference".
And as Philips has already discovered to its cost, even when it comes to high-tech wizardry, brands still matter.
In the days of high-tech, this analog brand has to constantly fight for relevance.
"They're premium, high-tech and status brands.
Children raised on flat screens are pleasantly surprised by this "high-tech but weirdly nonvirtual" brand of fun, Mr. Dickey said.
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