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Entrepreneurs graduate from hardware to apps

Hong Kong -- When a group of young Taiwanese entrepreneurs approached potential investors and customers at a recent tech conference in Hong Kong, something was different: they were brandishing none of the hardware associated with the island's celebrated tech sector, only apps on their smartphones.

Ryan Cheng, right, of Phone Doctor Plus is embarking on a phone recycling venture in Europe with a local partner.

     The occasion was RISE, the first event in Asia put together by European tech conference organizer Web Summit.

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