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this post was submitted on 09 Dec 2023
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Have you seen knockoff iPhones that sell for 1/10 the cost of an iPhone? They’re not backed by a $2.7T corporation.
No, but I have seen absolutely impressive Huawei and Xiaomi Android phones.
Xiaomi is publicly traded, and Huawei was indirectly funded by the Chinese government with $75B in tax breaks. Good quality control in leading technology is very expensive. The losses from a manufacturing defect can be difficult to absorb, often leaving standards parallel to financing.