Re:China Busts a $3B Underground Bank
by Chris2048 on Friday November 24, 2017 @05:08AM
(#15770368)
Interesting thought: A market for flawed tech/designs.
Consider a product that, part-way through development a fatal flaw was discovered. Perhaps, a company can insure itself with a deal whereby if such a flaw is found, the tech design will be bought out at a reasonable price.
The insurer then makes use of the design by ... setting up a company based in China manufacturing that product. Over time, China steals poor designs and cripples its reputation..
Consider a product that, part-way through development a fatal flaw was discovered. Perhaps, a company can insure itself with a deal whereby if such a flaw is found, the tech design will be bought out at a reasonable price.
The insurer then makes use of the design by ... setting up a company based in China manufacturing that product. Over time, China steals poor designs and cripples its reputation..