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Chinese Phone Charger Giant Has Ambitions Beyond Ruling Amazon
- Company innovating with smart vacuums, solar security cameras
- Anker eyes China market after decade targeting western buyers
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A decade ago, then-Googler Steven Yang left California for Chinese tech hub Shenzhen to start Anker Innovations Technology Co Ltd. with less than $1 million in seed capital. Since then, he’s relied on a pioneering strategy of mining product reviews on Amazon.com Inc. to pump out some of the world’s most ubiquitous phone accessories.
By studying the thousands of reviews and complaints about electronic products posted on the e-commerce platform daily, Yang realized he could reverse-engineer items like power banks and smartphone chargers to address users’ pet peeves, starting with portable chargers that would overheat and were too heavy.