Qualcomm CEO Says Leading Tech Requires 'Big Business in China' (yahoo.com) 16
Restrictive US policies limiting advanced chip exports to China have done little to dampen Qualcomm's enthusiasm for the world's second-largest economy. From a report: In an interview at CES 2024 in Las Vegas, CEO Cristiano Amon expressed confidence about Qualcomm's business in the country, its largest market by revenue. "If you have a leading technology, you're going to have a big business in China," he said. The San Diego-based firm finds itself in a difficult situation, as the White House and Congress ramp up a pressure campaign to curb the sale of US chips and chipmaking tools to China, citing national security concerns. The Biden administration has argued that China's access to advanced semiconductors could aid military advancements.
Meanwhile, in China, government agencies and state-owned firms have widened their ban on Apple's iPhones for employees. Qualcomm is one of Apple's biggest suppliers. China remains the largest semiconductor market in the world, with sales in the country accounting for one-third of the global market, according to the Semiconductor Industry Association.
Meanwhile, in China, government agencies and state-owned firms have widened their ban on Apple's iPhones for employees. Qualcomm is one of Apple's biggest suppliers. China remains the largest semiconductor market in the world, with sales in the country accounting for one-third of the global market, according to the Semiconductor Industry Association.
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Oh please. CEO's love war. If China takes TSMC, he can split his business. One business will produce chips for China from TSMC, while the other business will produce chips for the west from Intel and Global Foundries. The price of chips will go sky high, just like when oil prices went ballistic following Russia's invasion of Ukraine.
He'll be making bank like never before!
What a shocker (Score:1)
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Yeah - realistically businesses love to suckle the money teat. You're not going to get them off of a revenue source without forcing them off.
China as a market may be very lucrative. Hell the slave trade was very financially lucrative for the Confederacy - that doesn't mean that you get to keep it.
China seemed to be on the path to eventual redemption for a while, but the last 15 years that train has reversed in a major way and either they need to get back on the right path or we need to sever ties.
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Exactly this - but the key here is the politics need to gel around this NOW.
I don't care where you are MAGA -> Squad, in terms of the rest of your agenda / desired outcomes. If your candidate is standing up to China, they are not representing your interests.
You need to do serious re-think as what priorities are most urgent, even if you otherwise support them. Because if China survives its own domestic economic dislocations in the next decade its basic bulk is going to mean they are dictating policy there
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How about we defend our own borders here at home?
Sure. And that task will get a lot more interesting when there are Chinese warships on the border. Got to keep life interesting right? Nothing dumbass about it. Probably.
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not standing up?
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The time for that was 15 years ago. It's over. Stick a fork in it. We lack the power to contain China, and particularly not China and Russia aligned together with that whole "Belt and Road" space. All the doomsday predictions are pretty much settled fact, just the implications have not set in. There's a certain desperation in the Taiwan lobby at this point. They realize that if they don't negotiate away their freedom in the near term - 5 years at most - the Chinese will do what they have been capable
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I would not worry about daylight between China and Russia.
History is your friend here. At the end of the day alliances mostly break down on who looks and sounds like who. In a true existential crisis between China and the US, Russia will side with the US
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Qualcomm vigorously defends its right to profit from pandering to a fascist imperial regime.
cellphone chips (Score:2)
"The firm supplies chips to major Chinese handset makers, including Oppo, Vivo, Xiaomi, and Huawei."
They wouldn't be able to make those phones without Western tech.
“So far, many of the policies have not yet restricted the ability to continue to do business in phones, in PCs, and cars, and we want that to continue,” Amon said
So what's all the whining about? I do hope that Qualcomm is not transferring or leaking chip design technology to China.
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How about trading with the enemy?
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Note they want business in China, the do not want to put their business in China. This is the problem, and why our trade relationship with China needs to be renegotiated to be less in favor of China.
Utlimately if China weren't such a horrific place, governments wouldn't be able to control relationships via trade policies very easily, as companies (and people) would transfer between them the same way we use gas stations.
justno (Score:1)