SEOUL, South Korea — Call it the gasp heard round the world. Olympic fans were aghast when Russia’s Adelina Sotnikova took the figure skating gold medal over South Korean uber-star Kim Yuna. You could almost imagine the collective shock measuring on the Richter scale.
By Geoffrey Cain
PRI’s The World
Feb 24, 2014
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For years, Tim Cook insisted Apple could change China from the inside. Instead, China changed Apple.
The latest evidence? Apple spent billions developing cutting-edge electric vehicle battery technology with Chinese automaker BYD, only to watch its innovations become the cornerstone of BYD’s rise to global electric vehicle dominance. Apple walked away with nothing. China walked away with everything.
This isn’t just another story about corporate research and development gone wrong. It’s a cautionary tale about how even America’s most valuable company has become trapped in China’s web of technological control — and how that web is about to tighten even further.