6 ms·
I wonder whether the Chinese manufacturer are really dumping them, or whether the German companies only had high prices from the beginning. Companies like Sieme
by tjansen 13y ago
I wonder whether the Chinese manufacturer are really dumping them, or whether the German companies only had high prices from the beginning. Companies like Siemens and Bosch aren't exactly known for low prices or efficiency. Massive government subsidies certainly did not help making them more efficient. It rather seems like this made the companies focus on maximizing subsidies instead of producing something of market value, simply because the subsidies were more profitable. And now, with fewer subsidies and more market pressure, their business model ceases to exist. Can you blame the Chinese companies for that?
- ndonnellan 13y ago"Companies like Siemens and Bosch aren't exactly known for low prices or efficiency." Which products, exactly, are you referring to? Siemens is a huge company that spans transportation, energy, healthcare, etc. I know their sub-critical, superheated steam turbines are pretty cost-effective. What's your experience with Siemens?
- muro 13y agoMine is that they were convinced of bribing in several countries and whenever they won a deal (they only went into government or municipality-financed things), they were more expensive than competition. I wonder how they won those.
- talmand 13y agoMaybe some people go with the notion you get what you pay for? Not to say that it's always the case that expensive means quality, but you shouldn't necessarily always go with the lowest bid.
- zubiaur 13y agoI will give you mine: at least the industry sector in my region is plagged by inefficient factories, subpar products at premium prices and a severe lack of innovation. Siemens is extremely beurocratic, in part thanks to regulations imposed because of corruption cases. At least in the Industry sector, innovation seems to come due to aquisitions rather than true R&D. Regarding turbines, I've only heard excellent things about the ones manufactured in the US, stay away from the brazilian ones though.