Your implied negative standpoint, with the products are "cheap" and "generic" and "Chinese", is rather naive and amusing. The entire point of this article is the fact that these products are indistinguishable from the same ones with a HTC, Samsung, HP or Apple logo emblazoned on the device.
Hardware will truly be dead when people realize just how much they're paying for the brand name and nothing more.
As noted by another post above, take one of these products, bump the specs to something tolerable (say, 16GB instead of 4GB etc.), do some real quality assurance tests/screening, ship it halfway around the world, put a reputable name on it (so customers can trust they're getting something worth getting), add a sensible markup, set up a tech support hotline, and that $45 slate is now $200 - right about where decent tablets are now.
"brand name and nothing more" isn't nothing. It's why people pay Apple $649 for an iPhone 5 consisting of $167.50 in parts - there's more to a product than just parts, there's assuring you'll end up with more than just $167.50 in parts.
I wish that were true...but look at the fashion market. It seems a portion of the populous will pay for brand name goods at a premium that keeps these brands at the top. I suppose that's why Goodwill exists in accounting.
Hardware will truly be dead when people realize just how much they're paying for the brand name and nothing more.