Skip to main content

Once Segway Accused Ninebot For Copying, Ninebot Bought Segway

American producer Segway is famous for its quirky self-balancing scooters that tech geeks often use to commute. 

Many guards and officials are seen roaming around these in malls and other public places.
They accused the Chinese transportation company Ninebot for copying their design and stealing their patent. In turn Ninebot responded by buying the company Segway.

Ninebot Inc. develops, manufactures, sells, and services short-distance transportation products in Asia and Europe. The company offers personal transportation robots, which include one wheel and two wheels self-balance electric unicycles. It sells products through online retail portals. Ninebot Inc. was founded in 2012 and is based in Beijing, China.

Popular posts from this blog

Factors of Production and their Rewards

Type Definition Reward Land Labour Capital Enterprise All natural resources The physical and mental works of people All man made tools and machines All managers and organizers Rent Salary/Wage Interest Profit/Loss

Factors Affecting Geographical Mobility of Labour

Geographical Mobility of Labour refers to the movement of workers from one place to another place.  It depends upon; ·     cost of housing ·     cost of relocation ·     availability of social amenities ·     family ties etc

Common Barriers to Occupational Mobility of Labour

Barriers to Occupational Mobility of Labour ·     Lack of natural abilities ·     Lack of qualification ·     Cost and length of training ·     Discrimination ·     Ignorance of available job opportunities Ways to increase Occupational Mobility of Labour ·     By providing training and retraining ·     By organizing job centers