Forget the Web, Valley Start-Ups Get Real @ WSJ.com.
A long-shunned Silicon Valley technology sector—consumer-electronics start-ups—is showing some surprising signs of life.
Entrepreneurs in California have quietly launched dozens of small hardware companies, designing everything from smart wristwatches to digital thermostats. The typical business plan: raise enough money to create prototypes in the U.S. that can be manufactured in Asia and sold online.
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