Newegg Now Owned by Chinese Company | techPowerUp

Source: Newegg Now Owned by Chinese Company | techPowerUp

It used to be that Newegg was the place to go on the Internet to get good deals on computer equipment. Computer Geeks was another company but NewEgg and Amazon put them out of business. Microcenter also had lower prices than Newegg and a policy to match Newegg prices.

Most of the computer and electronic parts sold on Newegg came from China anyway, so it only makes sense that they sell out to a Chinese company. As China prints more money to loan to the USA at a low rate, Chinese companies are starting to buy out US companies. Almost every computer, electronics, smartphone, a tablet is made somewhere in China.

Circuit City,  Comp USA, Computer City, and other places went out of business around the time of the Windows Vista flops, as they had too many copies of Windows Vista and Windows Vista machines were not selling. Newegg sold motherboards and other parts without an OS and customers could buy a copy of an older Windows from Newegg instead of Vista, so they avoided that.

China is going on to become another superpower, and copying things from the USA to grow their economy.

If I remember Newegg was named after Egghead employees left to found their new company. If anyone remembers Egghead stores before they went out of business.

By law we are required to carry the following warning on all our pages: The Surgeon General warns that this site may contain subversive material that is known to cause social and mental health problems. Use Blastar at your own risk. Blastar Responsibly. If irritation occurs cease use immediately, flush caches, adjust reality, rinse mind thoroughly and contact your nearest responsible adult for further advice. You may need to find a safe space from the truth, if so we recommend unplugging your computer and go out into the real world and find something creative and positive to do than just troll us here at our blog.

We are an Internet Organization that reports on news, about technology and politics and other stuff from around the world. We try to fact check every article we write with at least one reference or supporting pictures. We are not a troll site or fake news site, and we've been reporting on them to inform the public.



Blastar Industries


Support Orion Blastar on Patreon

Our political forum

Our technical forum

Or leave some feedback

We have an Affiliate program that can save you money on web hosting:

Ask us about helping you to run a Wordpress site or any other type of site.

[ my public key:; my proof: ]

If you want to donate or help us out, here are some virtual cryptocurrency addresses:

Bitcoin: 13t19gedm7f8LSeZumjtCC6dVB8o9fk71Z

Litecoin: Lf217W7MB93Gam6HxgsS6NNXdU6jULFoVD

Eth: 0x8d188C2201B580F3C2023C3Cec9EbB5Bf5694127