Baidu has exited the smart speaker “price war”. Why is it so confident the tech is commercially viable?

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Once a near non-existent presence in the smart speaker market, with a market share of less than 1% in Q2 2018, Baidu rose astronomically over the year that followed to become the second-largest vendor of smart speakers globally with a market share of 17.3%, behind only Amazon at 25.4%. In its home market of China,...