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Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

bloomberg.com

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Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#121

Post by ascagnel_ »

tootie wrote: post #94
jopsen wrote: post #10

Earlier quoted context omitted.

> Trump acted on a recommendation by the Committee on Foreign Investment in the U.S. Seems legit. I know we all love to bash Trump, but he might not be entirely evil. Sometimes he's not treated fairly, that said it's all well deserved that's for sure :)

As everyone here is saying the merger would create too much concentration and not enough competition, but that's not the justification that the White House put forward. They said national security which seems far-fetched.

If the merger had gone through, and national security was a concern, I'd imagine someone could make good, reliable money by manufacturing chips in the US for the government at a small scale.

National security here is an excuse to stick it to China.

Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#122

Post by mankash666 »

mobilefriendly wrote: post #117
mankash666 wrote: post #115

The better term is "national interest". Qualcomm is a world leading wireless technology innovator and it's domicile and ownership in the US is in the national interest. Manufacturing has already been lost to China, so has solar tech. China also edges US in areas where regulation is hairy, like genetic hybrids, cloning, etc. Henceforth, it's important to guard American leadership in technologies where it leads

Sorry that's a myth, Chinese growth isn't a zero sum game. In fact U.S. manufacturing has never been stronger: https://www.marketwatch.com/story/us-manufacturing-dead-outp...

You've proven American manufacturing increased output despite outsourcing. You didn't prove that outsourcing hasn't cost America leadership in domains, and jobs.

Until recently, the armed forces weren't able to procure clothing manufactured in the US, per federal law. That's how dire certain domains have gotten

Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#123

Post by Camillo »

mobilefriendly wrote: post #117
mankash666 wrote: post #115

The better term is "national interest". Qualcomm is a world leading wireless technology innovator and it's domicile and ownership in the US is in the national interest. Manufacturing has already been lost to China, so has solar tech. China also edges US in areas where regulation is hairy, like genetic hybrids, cloning, etc. Henceforth, it's important to guard American leadership in technologies where it leads

Sorry that's a myth, Chinese growth isn't a zero sum game. In fact U.S. manufacturing has never been stronger: https://www.marketwatch.com/story/us-manufacturing-dead-outp...

lol, what? Look at the graph in the article, output is only slightly above 2000 levels. What portion of the world's consumption of manufactured goods is made by the US? What portion of the US's own consumption? Those would give a better estimate of relative strength.

If you make most of the product in China, then bring it to the us to put the final touches on it (https://imgur.com/PuyCZ), the final product counts as "US manufacturing output". Does that mean the US manufacturing sector is as strong as ever?

Oh, the production of electronics is up! You make the IC in Taiwan, the circuit board and the power supply in China, the display in Korea, the case in China again, but you put them all together in an assembly line in the US. And because there's more people and more demand for gizmos, you can say that you make twice as many widgets now! Does that really mean American manufacturing has gotten "stronger"?

Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#124

Post by dmode »

googlryas wrote: post #60
dmode wrote: post #48

Earlier quoted context omitted.

Trump is completely devoid of ethics and morals. He had sex with a pornstar when his wife was pregnant. As a father, when my wife was pregnant that was the most surreal time of my life, where every moment of my life was precious to spend with my wife. Trump is that guy who cheats on a pregnant wife. Now evaluate this decision on these parameters and I am sure we will soon find out that this decision was funded by a c…

Many problems with this post. First, you're assuming that Trump had sex with Stormy Daniels. Maybe he did, maybe he didn't, but it is very difficult to differentiate between 'please go away with your bullshit because it is distracting' agreement, and a 'here is some money so you don't talk' agreement. If you have special insight into this matter that has not been reported on, please do share it. Second, you're saying…

The length Trump supporters will go to spin his behavior. Cheating on a pregnant wife is now acceptable.

Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#125

Post by Thinpad »

I believe Jacobs family at the top were not going to let this M&A happen at any cost, especially giving control over to Hock Tan. They are very shrewd business folks (Jews aren't they), unfortunately, the heir to the empire turned out to be a bit more than play boy resulting in business going south.

Re: Trump Issues Order to Block Broadcom’s Takeover of Qualcomm

#126

Post by tooltalk »

googlryas wrote: post #65
tooltalk wrote: post #44

Earlier quoted context omitted.

Nobody is looking at it from that angle because Broadcomm is not a Chinese company. So, yes, you are way off on this. The Trump admin is essentially running on exophobia to push all their trade policies (eg, steel tariff where Canada and Mexico are the top exporters.

Your implication that only Chinese companies can plant backdoors seems exophobic to me. If we are going to go with the 'only China can backdoor things', Broadcomm has corporate offices in Singapore - why couldn't someone amenable to the Chinese cause, or a lot of money, help get a backdoor in? The same is still possible with US citizens running a US enterprise in the US, but the punishment in America for treason agai…

I guess, to xenophobes, everything looks xenophobic. Sure, there are national security threats from many other foreign actors, but in this particular case, the poster to whom I responded wants to specifically discuss hypothetical threats posed by Chinese interests and companies that are geo-politically close to China.
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