Tuesday, August 2, 2016
The Humbling of American Tech Giants in China - Bloomberg
companies have brazenly stolen the designs or underlying tech from Apple and
others, undercutting their R&D by taking it, and then building them cheaply,
locally, with low-cost workforces.
"Observe how Huawei, Xiaomi and Oppo have taken a big bite out of Apple, a
series of successes stemming from savvy marketing and homegrown tech
"The local competition has improved dramatically. Look at smartphones: the
Chinese smartphone manufacturers used to offer phones that were cheap and
crappy, but now they're both affordable and very good," Birtwhistle said. "