Earlier quoted context omitted.
I wonder why people on HN take these arguments seriously. You either anger govt that is authoritarian & capable of confiscating your entire production (basically ending your current business) OR You make some half-truth statement (not necessary to be lying, but that does not change the point), and - if everything will be revealed - one agency of democratic govt will be pissed and slap you with big fine. Basically thi…
The idea that the Chinese gov't would seize Apple's "entire production" is up there with the possibility that the US invades China. It isn't going to happen. There are just too many consequences, not least of which is the withdrawal of most US companies from China. The SEC on the other hand literally just got done fining Elon Musk $20m for a tweet. Fines for something like this could be in the hundreds of millions, t…
It's such obvious damage control in shit-has-publicly-hit-the-fan situation ... Why do you think SEC's fines (lol $20M, even for Tesla/Musk it's not a big deal, Apple would have to be hit with 100times that to even notice it) are even relevant now?
And "It isn't going to happen." could have been said about hardware attacks on USA from China last week. Situation has changed quite a bit, China is either starting to abuse its hw monopoly or someone is doing A LOT to prevent such scenario, so the stakes are too high for simple SEC fines to be worth discussing.