It's about time.
Now our government should classify the Muslim Brotherhood as a terrorist organization.
3 pallets of phones with data installed….
Trum- didn't want Broadcom, to take over Qualcom:
"For those who have not been paying attention to this epic match, Singapore-domiciled Broadcom has been running a proxy battle with U.S.-based Qualcomm for the past few months, a process that Qualcomm has put enormous efforts into resisting. The two companies are among the most important producers of semiconductors and mobile chipsets, and their combined market value would be in the hundreds of billions of dollars.
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Today, Qualcomm and Huawei are the technology leaders in the emerging 5G market
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The United States is doing the most here, through a government committee known as CFIUS, or the Committee on Foreign Investment in the United States (for those who missed my primer on CFIUS last week, definitely take a read). CFIUS is designed to protect U.S. national security by regulating foreign acquisitions of American companies, and therefore has taken a keen interest in the Broadcom vs. Qualcomm struggle
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In other words, Qualcomm is using America’s regulatory authority as a potential weapon to thwart Broadcom’s bid and protect itself.
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As I mentioned before, China-based Huawei and Qualcomm are the two market leaders for 5G. Harming Qualcomm then would fundamentally benefit Chinese interest, which is why China is also playing the economic security chess game
https://techcrunch.com/2018/03/10/qualcomm-vs-broadcom/
EXECUTIVE ORDERS
Presidential Order Regarding the Proposed Takeover of Qualcomm Incorporated by Broadcom Limited
FOREIGN POLICY
Issued on: March 12, 2018
Section 1. Findings. (a) There is credible evidence that leads me to believe that Broadcom Limited, a limited company organized under the laws of Singapore (Broadcom), along with its partners, subsidiaries, or affiliates, including Broadcom Corporation, a California corporation, and Broadcom Cayman L.P., a Cayman Islands limited partnership, and their partners, subsidiaries, or affiliates (together, the Purchaser), through exercising control of Qualcomm Incorporated (Qualcomm), a Delaware corporation, might take action that threatens to impair the national security of the United States
https://www.whitehouse.gov/presidential-actions/presidential-order-regarding-proposed-takeover-qualcomm-incorporated-broadcom-limited/
I don't know where this goes, but it keeps coming back onto my radar, I just have a gut feeling there's something going on with Trump interfering in corporate purchases.
Yep - I think this all ties into the trade talks….
REEEEEEEEEEEEEEEEEEE!
Part and parcel