saccade.com writes "Bunnie (of XBox hacking and Chumby fame) has written an insightful post about how a new phenomena emerging out of China called 'Shanzai' has impacted the electronics business there. A new class of innovators, they're going beyond merely copying western designs to producing electronic "mash-ups" to create new products. Bootstrapped on small amounts of capital, they range from shops of just a few people to a few hundred. They rapidly create new products, and use an "open source" style design community where design ideas and component lists are shared."
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