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Overseas Tech Firms Ramp ­p Hiring in Silicon Valley


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Ericsson CTO Hkan Eriksson

Hkan Eriksson, chief technology officer of Ericsson, works out of the Swedish company's office in San Jose, CA.

Credit: The Wall Street Journal

European and Asian companies are increasingly using high-tech workers from Silicon Valley to conduct long-range research and help design new products for global markets. "Our future is going to be driven by innovations that come from this market," says Huawei's John Roese. Other foreign companies that have large technical staffs in the Bay Area include SAP, Nokia, Alcatel-Lucent, Fujitsu, and Telefon AB L.M. Ericsson.

Many overseas companies are focusing on communications-related technologies, capitalizing on the talent pool created by local companies such as Cisco Systems. "The epicenter for the handset industry has shifted from Finland to Silicon Valley," says Ericsson CTO Hakan Eriksson. Some foreign companies have used acquisitions to set down roots in the region, while others have mainly grown by recruiting local technology talent.

The evolution of mobile devices also has contributed to Silicon Valley's prominence, with Ericsson, for example, finding it beneficial to work with Apple engineers.

From The Wall Street Journal
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Abstracts Copyright © 2011 Information Inc., Bethesda, Maryland, USA


 

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