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Show me the smartphone produced by the US. The only place on Earth capable of producing anything currently is Asia
I don't believe it. I mean yes, we can't compete with designing a smartphone, but I don't think that is the reason the EU is looking into US tech companies.
> This is the reason why I get a bit frustrated whenever I see somebody in tech dismisses the EU as just trying to protect European companies from competition with their glorious and wonderful US companies.
https://www.baldurbjarnason.com/2024/facing-reality-in-the-e...
Nokia phones were quite popular before iPhone. They got gutted by an American company (Microsoft, if you forgot).
The EU has taken a human rights stance with zero consideration how to compete on the global markets. Of course money never sleeps and this'll eventually move most EU-based properties in the hands of foreign investors. Perhaps this is the intent all along