Sony Merge With TCL interesting !

You do not merge with a chinese company you are priced out of business with state Subsidised Prices:
China is / will take over All industry globally . Major shareholder in TCL is the chinese state

Who would of thunk it, Trinton & Bravia bought by a bargain basement brand


China’s strategy
Subsidies
Tax breaks
Cheap land & energy
Preferential financing via state banks
This allows Chinese firms to undercut global competitors on price
Result = non-Chinese brands struggle to compete profitably. & you control global pricing & prices rise as no competition
 
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USA outsourced all its supply chains in the 1990s to China , China took all the IP , made own versions at lower Prices
Companies like Apple made china ( well worth a read )

 

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