What a load. I live in Shenzhen and I've never heard of this bottom feeding company. It's probably located in the large electronics district that is notorious for fake capacitors and other components.
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Apple Ordered to Halt iPhone 6 Sales in Beijing Over Patent Infringement Ruling [Updated]
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Cut the crap. First, how much debt they own has nothing to do with it. And second, the Chinese own a tiny fraction of US debt (around 10%). Americans own most of US debt (somewhere around 80%).
China's whole economy was built on copying, because most people couldn't afford the name brands there. A real version of Microsoft Windows there cost a month's salary. Only some people can afford a real iPhone there, although it's growing. It's in a transition phase between people making a few dollars a day to a more western salary. It will be interesting how they treat the patent and copyright issues during this. It used to be all copies sold at the markets, but now more people are starting to be able to buy the original products.
I mean... no they don't, in actuality. Our foreign debts are 1/3 of the total debt... and China sits at 8% of the total... so roughly 1/4th of 1/3rd... the largest amount of debt is money loaned from the Social Security Trust Fund at 16%... so just think about that; you, personally as an American, are owed *double* what an entire foreign country with 1 billion people is owed in social security alone - that's not factoring in what you might be owed in other avenues to the American people... which comprises the entirety of the other 2/3 of the debt.
We aren't just in a position to negotiate, we can buy the entire country of China several times over and have spare change for dinner on the way home. Yes, our economy really is that large. Our national assets are 1400% what the debt (GDP) is. So just remember... the next time a politician says they want to cut Social Security, or raise the retirement age -- what they're really saying is they don't want to pay the debt they owe to you and you've already paid in.
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China is #1 in piracy and theft of Intellectual Property.
How hypocritical, so this isn't surprising at all.
How hypocritical, so this isn't surprising at all.
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What exactly is the patent in question?
Most of the iPhone workings are based on older models going back years, and as far as appearance is concerned; it's not like the Samsung case where the offending item was obviously designed to mimic the appearance closely and be difficult to tell apart.
Camera and flash locations - nope.
Screen UI layout - nope.
Logo location - nope.
Size and proportions - nope.
Home button - nope
Bezels - nope.
Antenna bands and back profile - nope.
Speaker mesh - nope.
Button and port placement - nope.
Colour and texture - nope.
I'm running out of things to look at here.
Most of the iPhone workings are based on older models going back years, and as far as appearance is concerned; it's not like the Samsung case where the offending item was obviously designed to mimic the appearance closely and be difficult to tell apart.
Camera and flash locations - nope.
Screen UI layout - nope.
Logo location - nope.
Size and proportions - nope.
Home button - nope
Bezels - nope.
Antenna bands and back profile - nope.
Speaker mesh - nope.
Button and port placement - nope.
Colour and texture - nope.
I'm running out of things to look at here.
not sure how extensive is your economic knowledge but china is taken as a serious modern economy, solely based on GDP alone.
If Steve Jobs were alive and at the helm, he would tell them to go pound sand.
This is how China operates - don't kid yourself.
LOL we hold their debt - in what currency genius? No one is going to call it? China already has! They've been dumping US debt for the past year. The FED is doing everything they can to gobble it up. Can't let it hit the market - or interest rates go BOOM! <--- real reason why FED won't raise short end.
Come on now, take off the tin foil hat and be logical about it. Also, as some other have pointed out, it seems you may need to do a bit more homework.
Ummm, if you owe the bank some money the bank owns you. If you owe the bank a lot of money you own the bank
This is yet another key evidence that Apple needs to gradually bring back manufacturing to home country, and away from Communist China which does not see eye-to-eye with the West in terms of intellectual property.
This is the same China where the Communist government turns a blind eye when its numerous merchants and vendors ripping off US and European patented/copyrighted brands for decades (e.g. Gucci, Nike, Vuoton, etc)
But when billions-rich Apple (and similar US companies) is in town, Beijing will gladly "sanction" and attack it with lawsuits to take as much money from Apple, and hand that money to "native corporations".
Apple really needs to diversify the countries that they do their manufacturing in... why do they do so much of it in China?
Seems to me that if Apple were properly diversified, Apple could just say, "OK, screw you China, all of our manufacturing will now be done elsewhere. Have fun manufacturing only knock-offs that you can't export."
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The vast majority of America's debt is actually held by its own citizens and businesses, in the form of bonds. China is the country that holds the most American debt, besides America.
Do you own any US bonds? That's some of the American debt. A lot of old people own a lot of them. A lot of businesses own a lot of them. Historically, they've been great, safe investments. The US government borrows some of your money, and in return they'll pay you back with interest in a few years.
Seems to me that if Apple were properly diversified, Apple could just say, "OK, screw you China, all of our manufacturing will now be done elsewhere. Have fun manufacturing only knock-offs that you can't export."
[doublepost=1466172790][/doublepost]
The vast majority of America's debt is actually held by its own citizens and businesses, in the form of bonds. China is the country that holds the most American debt, besides America.
Do you own any US bonds? That's some of the American debt. A lot of old people own a lot of them. A lot of businesses own a lot of them. Historically, they've been great, safe investments. The US government borrows some of your money, and in return they'll pay you back with interest in a few years.
For anyone interested, here's the iphone products from the Chinese company. http://61357ede.s538.now.top/index.htm
They actually talk about the trademark dispute in their "about" section. I find that a little weird.
http://61357ede.s538.now.top/iphone_us.htm
They actually talk about the trademark dispute in their "about" section. I find that a little weird.
http://61357ede.s538.now.top/iphone_us.htm
They're dumping US debt because the RMB is in freefall and they're having trouble paying back the debt that was taken out in USD; and need to stablize a currency they wanted to offer as a competitor for global trading to the US Dollar... it also forces the price of imported goods to skyrocket and exported goods to fall - which is what their economy depends on. It's a stark contrast to the US and UK - and what the EU has done with the Euro... create a strong currency to increase the standard of living for their citizens.
Well, of course the Chinese are going to rule in favor of the Chinese! I'm not surprised, at all!
No, it's not! It's real!
Get your popcorn, sit down, relax and wait until this is over.
Couple of millions into the right hands and there is no issue.
Of course Apple will not be allowed to buy that company.
PS: The next iPhone should be triangular or trapeze shaped, just to see if they get sued.
Probably for trapeze by any circus.
actually, within 4 or 5 years hopefully india will see at least some apple production. tim really needs to up his supply chain game and get Foxconn to invest heavily in India at a much quicker and dramatic scale than it is planning to do so.
It sounds like a lame cash grab though ay? The tech patent clearly didn't originate in the land of the copy cats. Some shonk probably just bribed his mate at the patent office, seeing an opportunity for a cash grab...
How many times can you just cough up? Chinese courts are closed and results can be purchased (particularly if you're against a guy with government connections). If you just cough up then the guy will probably just use a rinse and repeat tactic on them.