Baidu's Going Mobile in China
The following video is part of our "Motley Fool Conversations" series, in which technology and media editor/analyst Andrew Tonner and industrials editor/analyst Brendan Byrnes discuss topics around the investing world.
Chinese search giant Baidu, often referred to as the Google of China, recently took another page out of Google's playbook -- a move into mobile. Indeed, Baidu plans to offer a competitively priced smartphone to try to tap into one of the greatest growth opportunities for tech investors. Mobile growth in China is already exploding, but the runway for this growth story is truly tremendous. Apple and Google already have strong presences in the Middle Kingdom, and more competition should be on the way. Is this the right move for Baidu? Watch the video to find out.
If you're one of the thousands of investors riding Apple to spectacular gains, you're doing yourself a disservice by not looking across the whole variety of companies benefiting from the same trends making Apple the most valuable company in the world. The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that details a hidden component play inside mobile phones that also is a market leader in the exploding Chinese market. Inside the report, we not only describe why the mobile revolution will dwarf any other technology revolution seen before it, but we also name the company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.
At the time this article was published Andrew Tonner has no positions in the stocks mentioned above. Brendan Byrnes owns shares of Apple. The Motley Fool owns shares of Apple, Baidu, Google, and Microsoft.Motley Fool newsletter services recommendApple, Baidu, Google, Microsoft, and Nokia. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.