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So why do Samsung, Huawei and the rest bother?

• PaulHoule 3y ago
  Why did Amazon attempt a Fire phone? I think it’s because there is a certain prestige about being involved with smart phones. It makes a company look like it is hip and cool, particularly if it is part of an authoritarian Chaebol which can create its own reality and socialize any of its losses. So far as Huawei they are based in China which is not a capitalist economy. The Germans were looking for buyers for this technology for decades https://en.wikipedia.org/wiki/Shanghai_maglev_train https://en.wikipedia.org/wiki/Shanghai_maglev_train they almost sold one to Orlando, FL until Disney made it clear they weren’t going to be part of it if it stopped at any other theme park. That Maglev comes nowhere near being profitable and nothing in China really has to.