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23-05-2019, 04:22 PM
(23-05-2019, 01:31 PM)bmann025 Wrote: Trump's former adviser Steve Bannon thinks, taking out Huawei is "10 times more important" than a trade deal.
So here we have the real battleground.
Huawei's technology is 2-3 years ahead of the US pack and threatens US tech monopolies and oligopolies. And despite so many clever Chinese people now working and inventing in Silicone Valley, the gap appears to broaden.
On the other side, the US has lost its moral credit among a significant part of the world's population for its catastrophic wars in the last 2 decades. These people want to have an alternative to google, facebook, twitter, microsoft, amazon and mainstream media.
Huawei got most of its tech via many acquisitions of networking companies globally and technology transfers locally.
for eg. in 2011 bought out the half share of Huawei Symantec for 530 million [Hong Kong-based joint venture established by Huawei and Symantec in 2008]
https://www.symantec.com/about/newsroom/...ec_1114_03
Why would Symantec want to sell out a profitable business expansion into China? Obviously it was lured to bring technology into China then kena takeover just a few years later
..
That's what pissing off the Americans.
The main reason why most nations were getting 5G from them is the cost factor.
anyways this is also a good read,
A Robot Named 'Tappy': Huawei Conspired To Steal T-Mobile's Trade Secrets, Says DOJ
https://www.npr.org/2019/01/29/689663720...s-says-doj
[Meanwhile, Huawei China was reportedly trying to build its own device-testing robot — named, less cutely, "xDeviceRobot" — and it was not finding much success. And Huawei's devices weren't faring well on T-Mobile's Tappy tests, failing more often than devices made by competitors.]
[A civil lawsuit over the Tappy incident awarded T-Mobile $4.8 million in damages in 2017, The Associated Press reports. "Huawei said in an emailed statement Tuesday that it denies any violations of U.S. law, and that the Tappy allegations were already a settled matter between it and T-Mobile," according to the AP. Huawei now faces ten counts in federal court: conspiracy to steal trade secrets, attempted theft of trade secrets, seven counts of wire fraud, and obstruction of justice.]
[In July 2013, even as it argued that the Tappy incident was the result of a couple rogue employees, Huawei China launched a formal policy of awarding bonuses to employees who stole confidential information from competitors. It emphasized, the indictment says, "that no employees would be punished for taking actions in accordance to the policy."]
Nowadays any tech advances == big money.
Unfortunately China will never respect IP. It still needs to copycat to advance. Hence it will never agree to the main trade deal request of implementing IP laws.
Virtual currencies are worth virtually nothing.
http://thebluefund.blogspot.com
http://thebluefund.blogspot.com
