It's just their usual national strategy like what they did to solar panel and EV. The solar panel industry is mostly dominated by China and their profit rate is basically ... negative. The EV industry in China is in similar condition, where the average profit rate is only 1.5%. Their upstream suppliers are also hold as hostages that most of them won't get their money back within 6 months.
The weird ideology here is to dominate the market at ANY COST, even it benefits the opponents.
amelius · · focus · HN ↗
Any ideas?
feverzsj · · focus · HN ↗
The weird ideology here is to dominate the market at ANY COST, even it benefits the opponents.