- Joined
- Jul 2, 2007
- Messages
- 5,294
There is a lot of news circulating about Tuesday shareholder vote of Qualcomm on letting broadcom buy them out or whatever. Apparently Qualcomm is developing 5G technology that will be strategically vital to US military ops. Broadcom is apparently beholden in some aspect to government of China, and the hand wringing is that the deal is sweet in the short term for Qualcomm shareholders and thus they will vote it forward on Tuesday but some are calling for The Committee on Foreign Investment in the United States to block the merger. Others are calling that line of thinking Protectionism. I can't sort the truth out of the pro-shareholder pro short term profit leaning articles versus the articles urging caution and risk to national security.
The risk to nat'l sec is supposedly because if Broadcom gets control of Qualcomm they will kill Qual's strong progress toward being first out with 5G wireless in favor of letting Chinese government's company Huawei Technologies develop it... if not doing an outright raid on Qualcomm's research and milestones and transferring same directly to Huawei Technologies.
Someone neutral please sort this situation so I know whether or not to wring my hands too and whether or not to begin learning to speak Mandarin Chinese as a 2nd language ...
The risk to nat'l sec is supposedly because if Broadcom gets control of Qualcomm they will kill Qual's strong progress toward being first out with 5G wireless in favor of letting Chinese government's company Huawei Technologies develop it... if not doing an outright raid on Qualcomm's research and milestones and transferring same directly to Huawei Technologies.
Someone neutral please sort this situation so I know whether or not to wring my hands too and whether or not to begin learning to speak Mandarin Chinese as a 2nd language ...