Tuesday, August 2, 2016

The Humbling of American Tech Giants in China - Bloomberg

Interesting. One key thing missing here is that almost all of these tech
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. "

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