One of the fastest developing cities, San Diego has an emerging economy that draws in new business opportunities. Because the city has a great climate and supportive business culture, San Diego draws in many new start-up companies in San Diego. The strongest aspects of San Diego are its research, manufacturing, tourism and international trade.
Because the city is located near the Mexican border, its commercial port plays an important role in international trade.
The city has become known for hosting some of the best high-tech companies in the field of wireless technologies. Qualcomm, a major semiconductor and telecommunications developer and manufacturer is one of the most recognized wireless manufacturers that have their HQ located in San Diego. Here you will also find Nokia, a huge player in the developing telecommunications equipment and LG Electronics, who specialize in home entertainment, mobile communications and other high tech areas.
The ever-expanding tech industry made possible for many biotechnology companies to set up offices here.