Business / Technology

End of China's 'Silicon Valley'

(chinadaily.com.cn) Updated: 2015-02-02 15:48

End of China's 'Silicon Valley'

Idle sale persons seen at smartphone booth at Zhongguancun E world in Beijing, Jan 31, 2015. [Photo/IC]

The intense competition and lack of regulation reportedly turned many shop owners in Zhongguancun to less honest ways to make profit. They allegedly started selling second hand or repaired computers as new. It seems they used all their ingenuity and innovation on how to trick customers.

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