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> It is just that the low hanging fruits are now almost all picked.

If you're copying, then there is never an end to the low hanging fruit. Never.

> Hopefully they are reaching their Walkman moment.

To reach a Walkman moment they first have to invent a Walkman. Hope is not a strategy.

No, eventually the low hanging fruit runs out as you catch up with others and copying has diminishing, as well as negative, returns. You can't develop and secure your own IP as long as you are stealing others.

> To reach a Walkman moment they first have to invent a Walkman. Hope is not a strategy.

I'm talking about my own hopes here. And ya, they would have to invent a "Walkman." It hasn't happened yet, none of Xiaomi's products so far are original in anyway.

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