ALU 0.39% $66.74 altium limited

Altium Designer owns the China market, because of Piracy, the...

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    Altium Designer owns the China market, because of Piracy, the two larger competitors don't even have a
    chance of breaking into the market now. Job ads request Altium designers, most shops use Altium Designer.
    Once you become the defacto go to product, it is really really hard for someone else to take market share.

    Without saying too much, we live in an online world now, and it's not that hard for a software company to
    read back details of a products use. From there, it's not so hard to step up these companies to a paid users.
    This has already started and a very low level, and you see that in the recent results.

    The use in China is not just small operations, it's the whole span, from the single operator to the military.
 
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