Even if you don't like him, it doesn't mean you have to disagree with 100% of what he does. Whether you like or dislike a president, they're likely to do a least a few things with which you disagree or agree.
If the acquisition hurts Qualcomm's chances of establishing the next 5G standard, relative to Chinese SEOs, I think blocking it was a good move. And Qualcomm already has enough (too much?) clout in the market - they don't need to be yet bigger.
I'm not a Trump fan, but for all of us in the USA I hope he does well. If he fails the USA fails. And of course late night has never been as entertaining since he got in office. Can't wait for SNL this weekend.
Kind of agree with this.
Happening in AUS too. Many companies are quietly being bought by (mostly) Chinese organisations.
Happened to one of our competitors, and especially prevalent with farms. Kinda scary seeing more and more of our food isn't even owned by us.
This move by Broadcom could only happen due to Apple's retaliation on the company for perfectly legal business practices. Then delaying judgement as long as possible.
Even with Qualcomm's weakened position, it's still a much bigger company than Broadcom. There was no way Broadcom could pony up the money Qualcomm would want. They didn't even reach half of what Qualcomm would consider a reasonable offer. This is why they attempted a hostile take-over.
Apple must be the most powerful company is history then.
QC had been fined (so far)...
~$1B fine from South Korea
~$1B fine from the EU
What will probably be $1B fine heating up in the USA
Read into it a little more. QC charges Apple based on the cost of their phone. Ie: A modem in a 64Gb phone costs less than a modem in a 256Gb phone. Sound fair?
Imagine pulling into McDonalds and getting charged $50 for a burger because you drive a Ferrari. What the actual fuuuu???
His best move was stopping TPP. This is just icing.
As much as I dislike the idea of domestic & foreign companies suing governments for essentially protecting the interests of their people, the primary effect TPP would've had for the US was to open up foreign markets. Now, those markets remain effectively closed.
Meanwhile, China wasted no time in swooping in with a trade pact of its own.
Trump's plan B appears to be a trade war. Good luck with that.
Most fines in foreign nations are in favor of their domestic business or government entity. If the EU fines Qualcomm $1 billion it doesn't hurt the EUs image in Europe. Which is why the EU fines many US tech companies $1 billion every few years. They are just dipping into an available piggy bank.
For South Korea and China, they are protecting their domestic handset makers.
It's also why in the Samsung/Apple feud, all US cases were in Apple's favor and all South Korean cases were in Samsung's favor.
It's a bit different for 2 California based companies. Especially with a lawsuit brought up in San Diego.