In 1880 Margarete Steiff founded the famous German plush toy company Steiff, which was, and still is, distinguished by its high quality products and high prices. In 1902 Steiff invented the teddy bear of which it manufactured 974,000 copies right away. Today, a century later, most of the worldwide plush toy demand is met by Asian companies and sold at more affordable prices. The process which Steiff and the like experienced over the course of a century was experienced by photovoltaic module manufacturing companies within a decade
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