It seems pretty clear now that the Android OEM world is starting to play out pretty much like the PC world. The industry has become unbundled vertically between components, devices, operating system and application software & services. The components are commoditised and OEMs cannot differentiate on software, so they are entering a race to the bottom of cheaper and cheaper and more and more commoditised products, much like the PC industry. The funny thing about this is that ...
China's Wanxiang Challenges Tesla For Dominance Of Global Electrics Market “The road is still very long,” said Lu Guanqiu last month, employing the imagery of a famous Chinese proverb as he talked about building electric cars. “We want to concentrate for now on manufacturing in the U.S. If I don’t succeed, my son will continue with it. If he doesn’t make it, my grandson will.” Talk about perseverance and ambition. The founder and boss of Wanxiang Group, China’s ...
Want to buy and hold? Here's one expert's view. 7) Korean won South Korea has become a manufacturing powerhouse. The quality of Korean goods such as Samsung Electronics, Hyundai and Posco meets and often exceeds Japanese competitors. In spite of a weak yen, South Korea maintains competitive advantage versus Japan. South Korea’s fiscal health is also strong with a 35% debt to GDP, 3.3% GDP growth, and 3.8% current account surplus. ...
Chart USD/CNY 1-Yr Update: Consolidation prevails 20 Jun USD/CNY 1-Yr NDF Daily 01::22 GMT - Starting the new day on a consolidative tone and ability to clear the 6.2415 resistance will revive upmove from 6.2010 low towards 61.8% mark at 6.2421 ahead of 6.2445. On the downside, dip below 6.2255 support will jeopardise this 1-1/2 week upmove. [W.T] R5: 6.2526 9 Jun high R4: 6.2507 * 30 May low, break R3: 6.2445 ...
The 4 Stages Of Chinese Growth From the early 1980s until now, China has grown at a pace not matched since the four decades Argentina enjoyed before the First World War. In spite of some fairly goofy attempts a few years ago, however, to characterize China during this period as having followed a set of policies called the "Beijing Consensus", these decades did not involve a unified set of policies, or a set of related polices, that Beijing implemented ...