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12/04/18
11:08
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Originally posted by Tilde
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I agree with almost all of this analysis, however discussing China in the mix as a positive is a mistake I believe.
A Chinese company will steal and replicate the tech before the 10th commercial unit has been manufactured and sold and the proprietary blocks even earlier. Substandard copies of the tech and the blocks will be available for less than 1/2 of the FBR product sale price within a year of the first signs of IP theft. The Chinese govt will not honour any patent or other IP protection in any way shape or form, in fact I believe (please correct me if I am wrong) that their are internal tax related "innovation incentives" related to IP theft in place in the tax system.
Such as: an overseas tech company can only manufacture in China if they have a local "partner" and guarantee "technology transfer" (read IP theft).
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In that case what's stopping someone in Australia buying a machine and taking it to China or copying everything they need here in Oz?