U.S. companies cash in on China's boom

12/28/2009 | Portfolio.com

China's colossal construction projects are creating vast potential markets for U.S. technologies, says Cree CEO Charles Swoboda -- but cashing in requires local expertise. Cree, which manufactures energy-efficient LEDs, acquired a Hong Kong LED company in 2007 to get a toehold in the Chinese market; now Swoboda says the company is adding almost 1,200 jobs to meet surging demand.

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