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While this is a wonderful article, there's a situation the OP failed to mention: country differences

Just a simple example: US has a wide usage of 1G mobile phones, then China has a huge 2G GSM market, now the US goes from 1G directly to 3G, China should prepare 4G now.

I think this cycle has not yet been facilitated in the current globalization, plus peer competition can invoke more innovations. It's like cold war without hostility.




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