Here is quote from Goro Yoshida, one of the founders of Canon.
When asked about his motives in disassembling a Leica to produce Japanese made high-grade 35mm cameras, Yoshida explained in later years:
"I just disassembled the camera without any specific plan, but simply to take a look at each part. I found there were no special items like diamonds inside the camera. The parts were made from brass, aluminum, iron and rubber. I was surprised that when these inexpensive materials were put together into a camera, it demanded an exorbitant price. This made me angry".
The current CEO of Canon should also get very angry, but this time the wrath should not be directed at Leica but at themselves.http://www.canon.com/camera-museum/history/canon_story/1933_1936/1933_1936.html