Episode 030 – Xiaomi
Exponent
00:00
Is There a Pointless War Between Apple and Samsung?
Xiaomi does have an IP problem. They don't really have any meaningful intellectual property. And in phones in particular, that's a big problem. If you don't own any patents, you're going to pay like up to a third, if not more of the total cost of your phone and patent fees. It's probably a bit of an iteration, but it's very expensive. The reality is, is both companies need each other.
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