India has developed the worlds cheapest laptop for $35. The funny thing is that while India tries to add value for the money for they seem to value their people, China is the opposite.
Take Eben Eren, for instance (I reviewed it and the T-3 here). lt is a Chinese company that makes a that costs about $750. I know a bit about it and the people who run it and were it not for the incessant purchasing of the tablet by the chinese communists for gifts and other perks, it allegedly would not be doing anything in the market.
Allegedly, eben eren has friends in the party, but little else. They have been on a store opening spurt, but I know of not one Chinese who owns one of these overpriced tablets.
The t-3 have good functionality but definitely do mot merit the price of 1 to 1.5 Ipads or 3.2 Kindle Fires.
The reason they are so high priced, I am told, is that the communist party members, who I am told, give them as gifts. As such, a gift need to be pricey to give both parties face. Thus, the party is subsidizing an overpriced piece of work that merits relatively few Chinese but the monied.
Ironically the name eben eren means ‘everyone can buy one’ or ‘everyone gets one’. This is ironic when we figure that over 3/4 of Chinese would have to work two years to buy one of these and the average chinese would have to work about 2 months to make that purchase.
To put this into perspective, the average household in america only needs to work around 3 months to purchase their average home.
The thing that India gets is that if everyone buys one then everyone does better. Everyone progresses and then India does better.
China in a fit of selfishness and lack of forethought does not understand this ideal.
Story here
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20111227000034&cid=1204