They should be very concerned. However they have the advantage of time, place, protectionism. They already have factories and employees. The technology is known. They’re admitting they are aware of the market. The only way they can lose is if they don’t even try ….
We’ve spent years saying how short sighted they are to not be able to look ahead of the immediate term, now they’re admitting they can’t even look ahead 2-3 years