Yet traditional firms still have three huge advantages: brand, capital and a customer base.

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While we doubt he is as hungry or energetic now as he was in his youth, today he has the advantages of a global footprint, brand name recognition and connections.

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The most menacing of these is that posed by archrival Samsung, whose windfall profits from sales of memory chips and huge internal demand for advanced logic chips for Samsung-brand electronics products like smart phones give it sizeable advantages in the form of both financial firepower and in-house vertical integration.

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Though the company is declining from its current level of 69% market share given the pace of growth in the Chinese market, it still has many advantages over its peers mainly in the form of brand name and large number of subscribers.

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The advantages of lower real estate costs, smash marketing, and molding retail experiences for your brand cannot be undersold.

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