Asia-Links Announces New B2B Marketplace; Bringing Asian and American Electronic Component Businesses Together Online.Business Editors/High Tech Writers SUNNYVALE Sunnyvale, city (1990 pop. 117,229), Santa Clara co., W Calif., near San Francisco; settled 1849, inc. 1912. A city in Silicon Valley, its many manufactures include semiconductors; machinery and instruments; electrical, electronic, and aerospace products; , Calif.--(BUSINESS WIRE)--May 15, 2000 Asia-Links (www.asia-links.com), a premier Asian business services portal, today announced its plans to bring Asian and American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of business together online with the launch of their new B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Marketplace for electronic components. Providing American businesses with instant access to electronic component buyers and suppliers throughout Asia, Asia-Links new Marketplace is ideally positioned to facilitate Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the based cross-border business transactions. Asia-Links B2B Marketplace will initially accommodate buyers and suppliers in the electronic components industry. Previously a lack of trust has stymied efforts to get Asian vendors on the Web. However, with the backing of several prominent and highly dependable trading houses, Asia-Links promises to step up online business transactions throughout Asia. "If you look at business today-the bulk of US foreign trade has been limited for one reason or another to transactions between the US, Canada Canada (kăn`ədə), independent nation (2001 pop. 30,007,094), 3,851,787 sq mi (9,976,128 sq km), N North America. Canada occupies all of North America N of the United States (and E of Alaska) except for Greenland and the French islands of and Mexico," said Mukesh Ahuja, the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Asia-Links. "Our Marketplace eliminates traditional communication and cultural barriers to trade between US and Asia and makes doing business with Asia in the electronic component industry more efficient." "In the last two years, Asia-Links has built the necessary infrastructure and Internet based technologies and services to help companies conduct business between US and Asia. Asia-Links will use this infrastructure to provide essential services to participants in the electronic component B2B Marketplace," Ahuja said. "Our plan is to collaborate with Marketplace participants and integrate our solutions and services into the supply-chain--making this Marketplace the e-Hub for the US-Asia electronic component industry." With several prominent Asian electronic component buyers and suppliers already signed on, Asia-Links electronic component Marketplace has the backing it needs to become one of the leading B2B sites on the Net. Ahuja believes that the electronic components Industry is particularly well suited to benefit from this new Marketplace. "Japan, Taiwan and Korea all have a high concentration of electronic components buyers and sellers. However today this market is extremely fragmented frag·ment n. 1. A small part broken off or detached. 2. An incomplete or isolated portion; a bit: overheard fragments of their conversation; extant fragments of an old manuscript. 3. and carries a large number of intermediaries. Our electronic component Marketplace will enable these buyers and suppliers to reduce costs and inefficiencies and in turn develop lucrative partnerships." With the help of Calico, an experienced provider of eBusiness applications, Asia-Links Marketplace will initially launch in English, with future plans to make the site viewable in other Asian languages. There is no membership fee, allowing vendors and buyers to easily register for site access online, or by calling Asia-Links directly. Asia-Links plans to roll out their beta Marketplace site this June. About Asia-Links.com Asia-Links.com is published by Asia-Links Media, based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. . Asia-Links is an online connection between Asia and the US, founded in 1998. Mukesh Ahuja, an MIT MIT - Massachusetts Institute of Technology graduate with 12 years of high tech experience, leads the company's international team. Former Sanyo Semiconductor America Chairman, Tsuyoshi Taira, serves as Chairman of Asia-Links Media. About Asia-Biz.com Asia-Biz.com offers various business services and an established point of entry into the new global economy. The premier service of Asia-Biz.com is membership into its Virtual Sales Access Program (VSAP VSAP Vendor-Specific Authentication Protocol VSAP Victorian Students' Aid Program (Melbourne, Australia) VSAP Virtual Socket Association Protocol ). VSAP membership provides continuous advertisement on the homepage of Asia-Biz.com, and members receive an active website designed and hosted by Asia-Biz.com. Daily news articles and online discussion rooms are additionally available through Asia-Biz.com. |
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