US ban on sales to ZTE triggers patriotic rhetoric in China
A U.S. ban on sales of American components to ZTE Corp has unleashed a patriotic backlash in China's cyberspace, highlighting the growing tension between the world's two largest economies.
(Updated: )
Ricky Lim ·
There are collateral damages to US companies as well from Trump's trade move.
(1) Qualcomm supplied more than half of chipset sold to ZTE.
(2) Microsoft Corp provide software
(3) Intel Corp provide some components
(4) Acacia Communications Inc provide optical networking equipment
(5) Lumentum Holdings Inc
(6) Finisar Corp
(7) Oclaro Inc All these
US companies are badly hit by Trump trade move.
Qualcomm is the worst hit - and likely to retrench American workers.
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ricky l 0 secs ago
If China learn from this trade war - and determine and successful to make its own chips or succeeded in buying other semicon chips from some other sources ---- Trump trade war will cause US business to lose US$11billion from this saga ---- and China customers will never come back.
ricky l
ricky l in 1 second
Huawei has already succeeded in making all its semicon chips.
Huawei is also the most advanced in 5G chips - that surpass the US Qualcomm 5G chips.
So Trump may make a very serious strategic trade move --- that may cause substantial damages to US tech industries as well as hurting its business and jobs.
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ricky l
ricky l in 1 second
Should American voters starting to celebrate Trump's blunders in the trade war?
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ricky l
ricky l now
UPDATE 2-Qualcomm begins layoffs as part of cost cuts
18 Apr 2018
April 18- Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $1 billion, the chipmaker said on Wednesday. Bloomberg, which first reported the layoffs, said the size of the job cuts is large enough that Qualcomm will have to file a WARN notice, or Worker Adjustment and Retraining Notification, with the state of California.
Reply
(1) Qualcomm supplied more than half of chipset sold to ZTE.
(2) Microsoft Corp provide software
(3) Intel Corp provide some components
(4) Acacia Communications Inc provide optical networking equipment
(5) Lumentum Holdings Inc
(6) Finisar Corp
(7) Oclaro Inc All these
US companies are badly hit by Trump trade move.
Qualcomm is the worst hit - and likely to retrench American workers.
Reply
Avatar
ricky l 0 secs ago
If China learn from this trade war - and determine and successful to make its own chips or succeeded in buying other semicon chips from some other sources ---- Trump trade war will cause US business to lose US$11billion from this saga ---- and China customers will never come back.
ricky l
ricky l in 1 second
Huawei has already succeeded in making all its semicon chips.
Huawei is also the most advanced in 5G chips - that surpass the US Qualcomm 5G chips.
So Trump may make a very serious strategic trade move --- that may cause substantial damages to US tech industries as well as hurting its business and jobs.
Less
Reply
ricky l
ricky l in 1 second
Should American voters starting to celebrate Trump's blunders in the trade war?
Reply
ricky l
ricky l now
UPDATE 2-Qualcomm begins layoffs as part of cost cuts
18 Apr 2018
April 18- Qualcomm Inc has begun cutting jobs as part of its promise to investors to cut annual costs by $1 billion, the chipmaker said on Wednesday. Bloomberg, which first reported the layoffs, said the size of the job cuts is large enough that Qualcomm will have to file a WARN notice, or Worker Adjustment and Retraining Notification, with the state of California.
Reply
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