Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 73.70-1.2%Sep 21 7:59 PM EDTNews

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: TroubleT3/8/2018 6:31:21 PM
12 Recommendations

Recommended By
Bill Wolf

and 7 more members

   of 149310
Today's smear by AVGO shows that Hock might not have gotten the CFIUS message fully.
The Administration loves selling goods, license patents etc to China as long as we are in the driver's seat and we are in the lead. We love it when the Chinese line up outside of Apple store or line up behind QCOM to prepare for the 2019 5G roll-out because that fits the American products/tech ass kicking MAGA mantra.

It is not about having business relationships with Chinese OEMs or paying NDRC fine/tax and partnering with them on JV with encrypted IPs that pose a risk to national security or national interest. It is about damaging a strategically important U.S leadership by putting QCOM in limbo mode for 18 months during the hostile merger and knowingly hand over the leadership to our frenemy. Once huawei or Samsung takes a 6 months lead on 5G, it'll be a hard up-hill battle to try and catch up.

The term frenemy correctly describes the relationship between the U.S and China. The two countries depend on each on trade amongst many other thing, but at the same time China is our strategic opponent. Painting QCOM has having close working relationship with China to sell, promote and license American products does very little for AVGO to appease the original security concern for this takeover.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.