Or mostly the fact that Apple decided to make BYD their primary battery supplier in the early 2000s over dozens of other companies.
Batteries are a low margin high skill industry. Battery makers in SK/JP/US/TW decided to go upmarket where margins are much higher and competitive moats stronger (due to R&D, IP, and/or procurement requirements)
Batteries are a low margin high skill industry. Battery makers in SK/JP/US/TW decided to go upmarket where margins are much higher and competitive moats stronger (due to R&D, IP, and/or procurement requirements)