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Long-Term Story Is `China Vs. Everyone'


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2019 May 23, 10:32am   1,524 views  2 comments

by Heraclitusstudent   ➕follow (8)   💰tip   ignore  

https://www.bloomberg.com/news/videos/2019-05-23/long-term-story-is-china-vs-everyone-ubs-says-video

The Tech Cold War Has Begun.
China now has no choice but to pursue technological independence, and will burn the cash to achieve it.
"There’s hope that this latest escalation is just part of the U.S.’s trade-war posturing and will be resolved as part of broader negotiations. Huawei, or Chinese leaders, are unlikely to be so naive as to share that."
https://www.bloomberg.com/opinion/articles/2019-05-20/huawei-supply-freeze-points-to-u-s-china-tech-cold-war
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The path forward is now obvious:
China will invest massively to develop its own chips, its own Operating Systems, its own telecoms and will then proceed to kick out US firmed out of its market - which soon be larger than US and Europe together - and then sell its gears elsewhere, destroying US lock on technology.

Huawei’s HiSilicon Chip Division Has Reportedly Been Developing Backup Products for Years in the Event of a U.S. Ban
https://wccftech.com/huawei-hisilicon-preparing-for-us-ban/

"To mitigate the effects of the Android ban, Huawei has reportedly been working on its custom HongMeng OS, and according to the latest report, the firm’s HiSilicon division has apparently been preparing for this very scenario."

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1   RWSGFY   2019 May 23, 11:03am  

It's not like it wasn't the plan all along. Sucking the IP from the West served to accelerate the process, not slow it down.
2   MisdemeanorRebel   2019 May 23, 12:31pm  

Yep, it was the plan all along, and CISCO making telecom stuff there gave them a 20 year boost, while costing US Jobs and Tax Revenue.

Although even Canada and Europe are getting hip to Huawei

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