Yeah, that's the most incredible part for me: I just can't understand the economics that allow such low prices. Every time I read about it, I get strong Neuromancer vibes.
I don't know if this improves your view of the world or not, but filling punching bags with used clothes (or fabric scraps) is actually common practice.
Yeah, that's the most incredible part for me: I just can't understand the economics that allow such low prices. Every time I read about it, I get strong Neuromancer vibes.
See also Bunnie Huang's analysis of a $12 phone, back in 2013: https://www.bunniestudios.com/blog/?page_id=3107
And his follow-up essay about the Chinese "open-source" (quotes very much needed) model: https://www.bunniestudios.com/blog/?p=4297