John Stokvis @johnstokvis.com · Dec 17

28/ the idea of the smiling curve was first articulated by one of the founders of Acer, Stan Shih to describe how two sides of value chain in PCs (creation and marketing) had all the leverage (and would reap all the profits) vs. the middle (manufacturing) which would get squeezed

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John Stokvis · Dec 17

29/ the reason you've heard of Acer, is because the company pivoted from manufacturing PCs to marketing them globally. then later focusing on research and developing their own tech bsky.app/profile/john...