Business World

Tech-propelled growth

- OPINION J. ALBERT GAMBOA

SEATTLE — This city is the largest in the state of Washington and the entire Pacific Northwest region of North America. Its metropolit­an area encompasse­s the state’s eight most populous counties, officially defined by the US Census Bureau as the Seattle-Tacoma- Olympia combined statistica­l area that is home to two-thirds of Washington’s population.

Greater Seattle hosts the headquarte­rs of major US companies such as Microsoft, Amazon.com, Starbucks, Nordstrom, Costco, T-Mobile, Expedia Group, and Nintendo of America.

Microsoft’s Redmond campus occupies almost a million square meters of office space with additional offices in the suburbs of Bellevue and Issaquah. As of 2016, it is the world’s largest software maker in terms of revenue.

Founded by Seattleite­s- by- birth Bill Gates and Paul Allen in 1975, Microsoft now employs over 130,000 employees worldwide. Its best-known products are the Windows line of operating systems, the Microsoft Office suite, the Internet Explorer browser, and the Xbox video game consoles.

Japanesemu­ltinationa­lelectroni­csfirmNint­endo’s North American subsidiary is likewise based in Redmond, with a distributi­on center in North Bend. German-owned wireless network operator T-Mobile and global travel tech company Expedia are both headquarte­red in Bellevue.

Amazon, the biggest online retailer in the world, is based in downtown Seattle along with the Nordstrom chain of department stores. Wholesale warehouse club Costco opened its first outlet in Seattle 35 years ago but maintains its global headquarte­rs in Issaquah.

Seattle has a reputation for heavy coffee consumptio­n, especially after Starbucks pioneered the so-called “second wave coffee” in the city’s iconic Pike Place Market circa 1971. Many other successful artisanal cafes originated here, including Seattle’s Best Coffee and Tully’s.

Although Boeing moved its corporate headquarte­rs from Seattle to Chicago more than a decade ago, it still operates large manufactur­ing plants in the suburbs of Everett and Renton while remaining as the largest private employer in Greater Seattle.

The Port of Seattle is a major gateway of American trade with Asia and luxury cruises to Alaska. It also operates the Seattle-Tacoma Internatio­nal Airport at a relatively new city called SeaTac in King County, Washington. Regional airline company Horizon Air and its sister carrier Alaska Airlines are headquarte­red in SeaTac.

Seattle’s economy is largely driven nowadays by the tech sector, mostly in the fields of informatio­n technology, biotechnol­ogy, and clean technology. It remains a hotbed for startup businesses and has been ranked as “America’s No. 1 Smart City.” The local government has committed to make it North America’s first climate-neutral city, with the goal of reach-

 ?? J. Albert Gamboa is CFO of the Asian Center for Legal Excellence and Chairman of the FINEX Media Affairs Committee’s Golden Jubilee Book Project. ??
J. Albert Gamboa is CFO of the Asian Center for Legal Excellence and Chairman of the FINEX Media Affairs Committee’s Golden Jubilee Book Project.

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