Globalization has been stimulated in the cell-phone industry as a result of the problem of multiple standards and the entry of large global competitors into the market.

Question

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The problem of multiple standards in the cell-phone industry and the entry of large global competitors have contributed to the stimulation of globalization in this industry. As companies strive to compete globally, they have to adopt common standards to ensure interoperability of their products and services in different countries. This has led to a convergence of technologies and standards, which has further facilitated globalization in the industry. Additionally, large global players such as Apple, Samsung, and Huawei have pushed the pace of innovation and competition in the industry, further driving globalization.

Globalization Has Been Stimulated in the Cell-Phone Industry as a Result