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starfallgyesterday at 9:09 PM0 repliesview on HN

You forgot smartphones, where low-cost did not win out. It led to low margins for the Chinese firms and eventually left them unable to invest properly in key markets. They may still hold marketshare, but in terms of profits, falls well short of Apple and Samsung.

I can see a lot of parallels here. Model performance doesn't matter if you can't make the system commercially sustainable.