Earlier quoted context omitted.
Right, because when a supplier for anything that has a massive market goes out of business, no one has ever come in to serve that market...
Agreed. Their 3% market share would be arbsorded into Xiaomi, Samsung, and Huawei within months.
ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
31–40 of 61 posts
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#32Earlier quoted context omitted.
I suppose one man's successful negotiation is another man's reason to launch into a digressive rant.
And I suppose one man's "successful negotiation" is another man's "fragile egomaniac taken advantage of again". Much like his inaugural Carrier "negotiation", these things tend to fluff his ego, benefit the other party and somehow leave everyone else worse off.
And how Democrat presidents are always portrayed by partisan conservatives as morally corrupt degenerates (Clinton as a murdering, philandering drug kingpin; Obama as a Kenyan-born Muslim homosexual on globalist puppet strings)?
Usually I just assume this is confirmation bias + partisans being partisan.
But sometimes I like to wonder, "What if it's all true?"
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#33Earlier quoted context omitted.
1.4 Billion in penalties. I don't see any other President of the USA doing that. Its a WIN for us.
... the US armed forces are spending roughly 2b every day (~590b in 2015, proposed ~680b in 2019). That penalty is a drop on a hot stone. That's not a "WIN".
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#34You'd be naive to think if ZTE were to go under will be at America's best interest. U.S. semiconductor industry as a whole will be impacted as ZTE is one of the largest mobile handset and networking equipment manufacturer.
Right, because when a supplier for anything that has a massive market goes out of business, no one has ever come in to serve that market...
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#35- All key leadership and board memebers are to be fired and replaced within 30 days
- US picked compliance team embedded in ZTE that the commerce department is reimbursed for by ZTE
- $1B fine and $400M in escrow
- Qualcomm / NXP deal seems likely to be approved, helping US jobs
In the past we've seen other countries deal with Iran while under sanctions, and we've gotten nothing out of them other than speeches at the U.N.
I kinda think I like this better.
oblig disclaimer - I didn't vote for Trump, and I don't knee-jerk defend his actions...
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#36Earlier quoted context omitted.
And I suppose one man's "successful negotiation" is another man's "fragile egomaniac taken advantage of again". Much like his inaugural Carrier "negotiation", these things tend to fluff his ego, benefit the other party and somehow leave everyone else worse off.
Ever notice how Republican presidents are always portrayed by partisan liberals as blithering idiots (Bush II as a religious fundamentalist warmonger dunce; Trump as an narcissistic ADD loose cannon dunce)? And how Democrat presidents are always portrayed by partisan conservatives as morally corrupt degenerates (Clinton as a murdering, philandering drug kingpin; Obama as a Kenyan-born Muslim homosexual on globalist p…
The thing about Obama being a muslim homosexual is fucking stupid and not worth responding to.
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#37Earlier quoted context omitted.
Right, because when a supplier for anything that has a massive market goes out of business, no one has ever come in to serve that market...
Well sure lets put 28000 people out of their jobs. It's a perfectly good company with a bad management. Management is being replaced, fine is levied, enforcement is done to prevent future mistake, life goes on.
Minor correction: I keep seeing totals around 75,000 jobs[0] though I'm not sure if it includes all their subsidiaries[1] - some of which are classified as associates.
[0] https://www.statista.com/statistics/233051/number-of-employe...
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#38So the outcome here is: - All key leadership and board memebers are to be fired and replaced within 30 days - US picked compliance team embedded in ZTE that the commerce department is reimbursed for by ZTE - $1B fine and $400M in escrow - Qualcomm / NXP deal seems likely to be approved, helping US jobs In the past we've seen other countries deal with Iran while under sanctions, and we've gotten nothing out of them ot…
> I kinda think I like this better.
I think this is immensely unfair - you cite one deal that got a lot of press due to a series of unexpected about-faces in the US position. There’s no reason to believe that agreements of this nature are made but not publicized.
Also, I'm not sure I understand how this action relates to the sanctions placed on Iran. What is your reasoning?
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#39Earlier quoted context omitted.
... the US armed forces are spending roughly 2b every day (~590b in 2015, proposed ~680b in 2019). That penalty is a drop on a hot stone. That's not a "WIN".
Why is the budget of the US armed forces the point of comparison here?
Re: ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
#40The fine will be used to educated and nurture so many US labors. Look what our president negotiated for us. MAGA. From mid west.
I'm from the rural Midwest. It may seem pedantic, but _no one_ from the Midwest uses a space in the name. That and the spelling errors reinforce that this is just an inflammatory bait comment.
But seriously, there are 65 million people living in the US midwest. I can promise that thousands of you guys use 'mid west', underscores, italics, and just about everything else.