RE: Japan’s Consumer Electronics Decline
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I read an interesting thing the other day. That when a Western company contracts a factory in China to make something for them, if they don't pay an agreed upon extra amount, the Chinese factory will order extra (but cheaper) material and will run after hours to make virtual identical items for the black market. Almost no Western companies pay this, which is why we get all these copycat Chinese products, copycat products that are rapidly increasing in quality as these Chinese factories grow richer and can afford better quality material for their clone products.
All markets copy the leader in the beginning. In the 50s and 60s, Japanese products were also just clones of Western products. But specifically in the case of China, there seems to be some different dynamics here that are making it a unique case.
Ah yes I've heard about these copies. There are quite a few iPhone clones that seem identical. If only there was a way to know the good copies from the rest. But China has really stepped their game up, it's no longer a 30/70 hit miss, it's more like 65/35.
Interesting , I forgot about that, so it's like Japan is getting a taste of their own medicine 💊 I think China has the population to pull off the work. Something missing from Japan and the USA. Japanese because of the low birthrate, the US because it's the US 😂