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I think that is because in the old days, brands manufactured their own stuff. Today, major brands subcontract out manufacturing and assembly to some no-name outfit in China.

Now, if the owner of said outfit has ambitions, he'd want to sell his stuff (that he sees being sold by the big names at 2x the cost) directly to the consumer. But he has no brand name; so it'll end up being sold as some generic name as "lucky star" or "super max"; or he'll license the brand-name from an old brand (I'm looking at you, Westinghouse).

The classic story is that of Lenovo. They used to make Thinkpads for IBM; and then one day decided to just buy the brand from IBM.

I heard once that there are basically only 3 laptop manufacturers in the world; all the laptops you see (Dell, HP, Gateway, Acer, etc. etc.) are all made by one of these 3.

So, to answer your question: compare the specs of the no-names with those of the big-names. If you find specs that are mostly identical, then you're basically getting the same thing at a lower price. However: you won't get the customer service and after-sales support that big-names carry. Plus, there's the possibility that the no-name may be selling the stuff that the big-name's QA rejected, so the quality may be suspect.

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