Re: The cost of theft - but who's the thief?
"Chinese companies are famous for outright piracy "
Everyone else calls that "capitalism", "evolution" or "development".
"Piracy" actually means that the company owning" "intellectual property" is going to sit on it at least 15 years and not doing any development at all. Totally ridiculous in an industry where everything older than 10 years is obsolete.
It takes an year or so for copies to appear if you really have a innovative product, plenty of time to reap the profits. That's pure capitalism: Fast survive, the others won't.
Works fine in China. But of course you can't afford to have lawyers for 1/3 of the workforce then.