Re:Samsung Electronics forecasts 60% fall in quarterly profit
by ZeroGravitas on Tuesday October 07, 2014 @04:29AM
(#8420107)
"a race to the bottom" between corporate manufacturers is the very definition of free-market competition.
It's very odd to see that talked down as if it was a bad thing on Hacker News as in any story not involving Apple free-market competition would be hailed as the driver of basically all social improvement and technological progress in the last century or so.
Also, that's why it's not surprising that in this particular "race to the bottom" that there would still be high-end models being sold by HTC, Samsung etc., though you would expect them to be putting pressure on competitors to be offering more value and/or lower prices across their entire range.
It's very odd to see that talked down as if it was a bad thing on Hacker News as in any story not involving Apple free-market competition would be hailed as the driver of basically all social improvement and technological progress in the last century or so.
Also, that's why it's not surprising that in this particular "race to the bottom" that there would still be high-end models being sold by HTC, Samsung etc., though you would expect them to be putting pressure on competitors to be offering more value and/or lower prices across their entire range.