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The smiling curve of the publishing industry.

Added over 2 years ago | As appeared first on stratechery.com
One would not normally draw a connection from a company like Largan Precision (TPE:3008), a small Taiwanese component supplier, to the publishing industry. But it was a very insightful observation from another Taiwanese company's CEO - Acer founder Stan Stih - about what he called the "Smiling Curve" that created the analogy in my mind. From Wikipedia: A smiling curve is an illustration of value-adding potentials of different components of the value chain in an IT-related manufacturing indus...
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