What is puzzling is the US acts all protectionist and copyrighty, until they want to do business in China, and China says yes come on in we will hold 51% of the business and you sign over your IP. And the greed of getting cheaper products made (to increase profits) has them drooling over the pen as they sign away their IP.
There have been a few big name businesses I’ve had dealings with whom, for cost reduction, have moved their design, manufacture and assembly to China. The day China decides to block it all that western company has no company* and no product.
they may exist as a company but nobody in their organization would have the skill or knowledge to redevelop the product, as China just ships final products and doesn’t hand over data or tech info.
Yep, but the reason it happens is as Yogthos said, if company A knows it’s a trap but doesn’t do it while company B does, A goes under. Capitalism will always seek higher profits, even to its own demise.
I mean that’s how capitalism works. Companies compete with one another and they have to show quarterly profits to their shareholders. If even one company decides to give up their IP in order to do business in China, that means the rest of the companies that are competing with it are forced to do the same. If they don’t, they will lose market share and eventually go out of business.
What is puzzling is the US acts all protectionist and copyrighty, until they want to do business in China, and China says yes come on in we will hold 51% of the business and you sign over your IP. And the greed of getting cheaper products made (to increase profits) has them drooling over the pen as they sign away their IP.
There have been a few big name businesses I’ve had dealings with whom, for cost reduction, have moved their design, manufacture and assembly to China. The day China decides to block it all that western company has no company* and no product.
Yep, but the reason it happens is as Yogthos said, if company A knows it’s a trap but doesn’t do it while company B does, A goes under. Capitalism will always seek higher profits, even to its own demise.
I mean that’s how capitalism works. Companies compete with one another and they have to show quarterly profits to their shareholders. If even one company decides to give up their IP in order to do business in China, that means the rest of the companies that are competing with it are forced to do the same. If they don’t, they will lose market share and eventually go out of business.