Thread regarding Qualcomm Inc. layoffs

QC, AVGO, Huawei, and Geopolitics...

For all of you eager to glorify Tan & Co. here is a blurb... Cuts in our long-term tech competitiveness and influence in standard setting would significantly impact our national security. This is in large part because a weakening of QC's position would leave an opening for China to expand its influence on the 5G standard-setting processes. Now, Chinese companies, including Huawei, have increased their engagement in 5G standardization working groups as part of their efforts to build out a 5G technology…

While the US is still dominant when it comes to setting standards (as of now),, China would likely compete robustly to fill any void left by Qualcomm as a result of this hostile takeover. Given our ongoing security concerns about Huawei and other gov funded Chinese tech corps, a shift to Chinese dominance in 5G would have substantial negative national security consequences for the US.

CFIUS, knows this - Tan's statements are specific and indicate that it is looking to take a 'cost optimization' direction if it acquires QC. There you have it, cut capital spend and long term invesment, R&R and focus on short-term and milking the cash cow... That's all good, if we exclude geopolitics, but we cannot do that, cannot we?

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Post ID: @OP+SaGfLWi

5 replies (most recent on top)

Trump did the right thing to keep US dominance on 5G, innovation and a club/excuse to beat China if they mess around with QC, which they will. Chinese OEMs do not report the a tual number of devices sold causing QC patent §s. This wozld prove Trump another nice club on the Trade wars.. Hock Tan after this high profile failure and moving BC to the US would be voted out. End game another Tech Firm in US control. Nice game of chess :-)

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Post ID: @1hfw+SaGfLWi

Deal is over who gives a flying f about that anymore. We're still a sinking ship drastic changes needed to keep this mofo afloat!

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Post ID: @kgl+SaGfLWi

OP blather and barney in the nick of time for St. Patties Day.

Laddie, I'll raise a glass of stout to the death of this unholy marriage proposal.

Glad Hock left at altar holding cheap bouquet of forget-me-nots!

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Post ID: @xim+SaGfLWi

If you don't give a s--- about national security, then you are a Moron!

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Post ID: @xib+SaGfLWi

I oppose it because I pretty much reflexively oppose all mergers of huge companies leading to more consolidation: the evidence is overwhelming that this is harming competition and increasing prices across a variety of business sectors. As for the national security aspect, I don't give a sh--. Trump did the right thing for the wrong reason.

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Post ID: @euu+SaGfLWi

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