The $2,000 Car
Harvard Business Review
MARCH 12, 2012
For example, GE developed an ultra-low-cost ultrasound for rural China which is now marketed in over 100 countries. Logitech developed an affordable mouse for the China market which sells for (the Chinese equivalent of) $19.99 They demand new, high-tech solutions that deliver ultra-low costs and "good enough" quality.
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