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My understanding is that Raspberry Pi differentiates itself primarily with software support, which is hard to duplicate trivially like a physical device.
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Why do you think they are going down? My impression is that their prices are actually good. Especially for CM4 compatible alternatives. They fab in China just like everybody else. Although they do some or all assembly (soldering) in UK I think.
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> undercut prices using cheap labor

Its called competition. Should those „cheap labourers“ not have a job?

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