China to End Ban on Videogame
Consoles
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It looks like China is relaxing the restrictions they put in
place 18 months ago when they opened the console market back
then.
"China lifts ban on foreign video games consoles
7 January
2014"
bbc.com/ne...635719
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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07/25/15 at 9:30 AM CDT
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I have been away, so sorry if I have not replied to posts.
I was wondering if with this move, GME could expand in China,
assuming they are not there already. That could boost the
stock further. Please advise if GME already has a presence in
China.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/01/15 at 12:47 PM CDT
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I don't see it being practical for GME to expand in China. For
one thing, don't the people there still have a lack of respect for
copyrights, so they'll pirate whatever they can? I assume IAP (In
App Purchases) will rule, not retail software sales. Further, there
are presumably huge limitations for foreign companies setting up
shops there. And we're not even considering whether it's a good
investment anyway. A lot of their wealth effect is tied into the
shockingly manipulated and over-priced equities market, where
retail investors of every income level have been herded into, and
that looks so risky. It would take a brave person to be announcing
a major China investment now. If there exists a retail chain
already, maybe a smart play would be to take a minority position in
it (not enough to have big issues with whatever regulations there
are about foreign ownership), and use their knowledge and systems
to improve that chain.
Sort of related...
cnbc.com/20...g.html
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Author:
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Jester
Debunker
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/03/15 at 10:33 AM CDT
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lt cap/Jester,
AMD could use all the help it can get (I'm still holding a small
bag on that). It makes me curious about when a large developing
world market like that opens up, and consoles have to come down in
price for them to be attractive in such a market, does Sony or MSFT
negotiate a different cost deal with component companies like AMD?
Or do they just accept much thinner margins in exchange for greater
demand? No a question of great moment, just makes me curious. My
guess is they simply accept the lower margins, as I've not hear of
companies preceeding them (such as Apple) getting a break from
suppliers for their growing Chinese presence. I assume that such an
announcement helps the vg companies as well - altho who knows how
immersed in pirated copies of games China is.
Quick note of kudos - Bullseye long ago cited IBKR as a pick -
it's probably appreciated to be a triple since his suggestion. I
disagreed with him a lot on politics and social policy, but
always listened to his ideas with interest. 'Twould be nice to have
him, Ben, Nsthil, etc. active on this board. On the other hand, the
4 of us that seem to be active daily have probably known each other
for probably 10 years or so in some cases. I still value you folks
greatly, and I'm glad this discussion forum didn't just
disappear.
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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07/25/15 at 12:57 PM CDT
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I would think that the cost negotiated by AMD with SNE and MSFT
would hold on a world wide basis when they originaly bid for the
console market, i.e. no change. Just an opinion, not that I
know the details of how the deal was structured back when AMD won
the CPU/GPU/APU consoles bid
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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08/01/15 at 12:51 PM CDT
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