shalinmangar
Joined 18 years ago
Joined 18 years ago
Suppose that big pharma stops selling drugs in India. That wouldn't make much difference because the generic drug manufacturers would still make cheap copies of the drugs. The only downside would be that new drugs will take time to be introduced because of the time needed to reverse engineer the formulae and set up manufacturing capabilities.
Samsung's devices compare very favorably to similarly priced devices. iPhones are very expensive compared to Samsung's devices in India and in my observation (warning: anecdotal evidence), most iPhone owners that I know have sourced their devices from the US (usually via the used device markets) to get around the price problem. There's no wonder that Samsung continues to thrive and Apple continues to languish in the Indian market.
That is because all that inflation has been exported to other countries. There are economies who have bet their growth on exports and depend on a strong dollar.
How do you go from burning trash to lack of phone or internet?
Blog: http://shal.in