Monday, March 25, 2013

Chinese counterfeits: How to beat the cheats

Ryan Lee was busy reveling in the immediate success of his invention - a high-quality mini speaker that could fill a room with music - when the party was cut short.

Six months into production, he started receiving calls from his distributors in Europe, asking for a discount.

They had been offered what looked like the exact same speaker at a much cheaper price to the premium Mr Lee's company, Xmi, was charging.

That was the moment he realized his brainchild had been ripped off, and he would have to tread much more carefully when it came to manufacturing in China.

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