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Question 10 of 13

Why does a US company do R&D in Shanghai?

Prototypes get built and improved fastest there. The company, factory and first market are in the US.

Michael Pratt, CEO · Investor webinar, 13 Aug

The full answer

Qnetic is a US company headquartered in New York, with its production center in Sacramento and its go-to-market in the US. It has subsidiaries in Germany, Singapore and Shanghai. The founders were already working in Shanghai, which is exceptionally fast for building and iterating prototypes, so R&D started there.

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