Nokia CEO says ZTE US export ban could help it longer-term
A U.S. ban on exports to China's ZTE over alleged Iran sanctions violations could play to the long-term advantage of rival network equipment supplier Nokia, the Finnish company's chief executive said on Thursday.
Read more at https://www.channelnewsasia.com/news/technology/nokia-ceo-says-zte-us-export-ban-could-help-it-longer-term-10178180
26 Apr 2018 02:50PM
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A U.S. ban on exports to China's ZTE over alleged Iran sanctions violations could play to the long-term advantage of rival network equipment supplier Nokia, the Finnish company's chief executive said on Thursday.
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US sanction chip sales to ZTE.
In total China import US$22 billions of semicon chips from US.
In total China import US$220 billions of semicon chips from the World.
If Trump America continue to prevent chip sales to China, US semicon chip business will lose big - because China and ZTE can turn its purchase of semicon chips to the World minus US.
Nokia from Finland can benefit by supplying semicon chips and network, telecom gears to China - and Trump America will lose one of its biggest customer in China.
So a trade war don't pay, Trump America may in fact be the one that will suffer more.
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