
Tech Tops the China Boost

By Jim Cramer
About this article:
Intel, Research In Motion, cell phone chips, endless upgrades. Why, why, why?
China.
As we parse through all of the spending out of China, we are without a doubt in some sort of resurgence that nobody has the inventory to meet. It is amazing how depressed the tech manufacturing business was going in to 2009 -- inventories were incredibly lean and we are seeing what happens on any snapback.
Two signs tell it all: the couponing by the Chinese government that only works if you buy gadgets -- all of which have tons of tech in them -- and the bullish statements made on Mad Money by David Aldrich last week, CEO of Skyworks Solutions. Skyworks' materials go into all cell phones and the company can't pump out the stuff fast enough.
You can only imagine the extrapolations there: Verizon, AT&T, Research in Motion, Apple iPhones, Sprint, Motorola,...

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