Being a copycat, i.e. reverse-engineering hardware made by successful companies, is how the companies in Shenzen are learning how to make their own hardware. When they start making their own hardware, the people who continued to dismiss them as copycats are going to be totally blindsided.

I suspect that’s going to happen fairly soon, and it's going to be very bad for a lot of semiconductor companies in Korea and Taiwan, and maybe also in the United States.

I doubt it. I don’t see any semiconductor fabs in Shenzhen. Or any software companies.

Do you know Tencent? Maybe not, even it's the biggest game/social network company in the world, as it's located in Shenzhen.

Yup. When the Chinese remake a product, it's called copying. But when others copy a product, it's called "remaking."