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Source of this seems to be in west mentality of charging what market can bear.

Texas Instruments idea of IoT chip is $20-30 cc3000 wifi solution. Chinese company on the other hand is fine repurposing USB WIFI dongle chip and selling $2 ESP8266. Thats right 10:1 cost difference. Guess who will make and sell millions of those.



Texas Instruments? This seems like a case of "you'd be surprised".




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