Surprising Shift Qualcomm's Establishing an Innovation Hub in China!
In recent years, trade tensions between the United States and China have escalated, pushing bilateral relations to a freezing point.
Against this backdrop, it came as a surprise when Qualcomm, an American company, suddenly announced the establishment of a "Research and Development Center" in China, sending shockwaves throughout the global tech industry.
It took them so long to realise that market dictates a business survival.
It is for their long term survivor. Fewer and fewer Chinese PHDs and researchers are in US. If course the biggest market is in China.
Why do they not head to India?
They have a massive presence in India. In fact for everyone they lay off in us they hire 3-4 in India for replacement though they don't sell much there.
Shift to India, they might be crazy to do that shifting to India means the end of company
They r now testing the super daung beetle 7G chips!
@spvlinn9009 The productivity levels are needed. 3-4 in India to replace 1 in USA. Or 0.65 in Japan. Or 0.5 in China.
Kill other companies but allowing your own company
Qualcomm is first to circumvent the government regulations in business dealings with China. I can see other companies will follow the same path.
Front door can't enter...Qualcomm uses back door through it. ...many ways to trade as long as it's profitable
Actually if Qualcomm can open up the business again in China, why in the first place it wants to stop. If they say must follow govt law to stop, why now can open up again?
Hiding your strength.
Biding your time.
Do not trust any American or western chips and fab company
Qualcomm is spying and hope to learn the new Chinese alternative technologies in chip making.
That is called a win win formula
US gov scams their allies, and that stupid Sounth Korea and Japan are happy being scammed .
One of them was singing American Pie also
Now they can only sing and eat Kimchi Pie.
China needs to promote Huawei all the way and become dominant before saving US companies..
Q-Comm sure knowz where it can butter its bread.
Don't let Biden and his band of bandits know about this. In fact do tell them, let them continue to destroy US HITech industry.
Given the US sanctions, Qualcomm needs to be banned from China as state supported monopoly. Truth is, all the engineers are in China. Why should a hostile US company be allowed to benefit?
Why trust them, Qualcomm ran out on China before. They only came back when they couldn’t find a better international chain in India or Vietnam.
I guess Qualcomm hasn't been kee up with World events. Many Western companies are trying to leave China right now. They will learn their lesson the hard way... Qualcomm already has major chip fabrication facilities in Taiwan. The risk of China invading Taiwan grown by the month....