Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit


Profitable copy-cat entrepreneur buys failing real thing
Dateline: 26 December 2012

Vietnam’s Chinese-owned CanDo has been brazenly copying Canon’s consumer products for the past five years, initially targeting the Chinese market but more recently introducing its own new products – even displaying the Canon brand – and launching them into grey markets in the US and Canada.

While CanDo initially built an impressive record by making products that, in the eyes of consumers, were “better than the real thing”, in the past two years CanDo have had iPod-like success with their radical new designs for PDAs and disposable phones. CanDo has created brand loyalty and business results that have made even Apple’s iPod success seem modest. Canon’s most recent financial results on the other hand show a company in deep trouble.

With Canon’s court battle against CanDo infringements still stuck in US courts, it is hardly surprising that CanDo’s US$ 3 billion bid for Canon was accepted so readily. CanDo have announced that the new company will be known as Canon CanDo.

This is the first known case of a ‘reverse takeover’ by an IP pirate but is sure to start a whole new wave of copy-cat entrepreneurs.

When the market economy turns out to be more efficient than the legal system it’s no wonder that the rules of the ‘flat world’ are being re-written every day.

Links to related stories

Warning: Hazardous Thinking at Work

Despite appearances to the contrary, Futureworld cannot and does not predict the future. Our Mindbullets scenarios are fictitious and designed purely to explore possible futures, challenge and stimulate strategic thinking. Use these at your own risk. Any reference to actual people, entities or events is entirely allegorical. Copyright Futureworld International Limited. Reproduction or distribution permitted only with recognition of Copyright and the inclusion of this disclaimer. © Public domain image.

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on LinkedIn
Share on pinterest
Share on Pinterest

Read another Mindbullet

It's not drugs or gene therapy
Dateline: 26 June 2024
In the last six years, a bunch of longevity entrepreneurs, or should I say aging researchers, have been seeking the holy grail: a way to slow down or even reverse the aging process. In other words, keep you living longer, and having healthier lives while you do so. For money, of course, but it’s a...

Sign up to receive news from the future