UnThreaded | Threaded | Whole Thread (25) | Ignore Thread Prev | Next
Author: steve203 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 454831  
Subject: Re: Chinese control of U.S. telecom? Date: 10/8/2012 2:36 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
So much of the modern wire line backbone is not U.S.

Ah, now I understand.

Lawmakers seek to block China's Huawei, ZTE inroads in U.S.

WASHINGTON (Reuters) - U.S. telecommunications operators should not do business with China's top telecom gear makers because potential Chinese state influence on the companies poses a security threat, the U.S. House of Representatives Intelligence Committee said in a report on Monday.
----
Employee-owned Huawei is the world's second-biggest maker of routers, switches and other telecommunications equipment after Sweden's Ericsson. ZTE ranks fifth.
----
ZTE's US telecom infrastructure equipment sales last year were less than $30 million.

In contrast, two of the larger Western vendors alone had combined U.S. sales that topped $14 billion, ZTE told the committee, an apparent reference to Espoo, Finland-based Nokia Siemens Networks NOKI.UL and Paris-based Alcatel Lucent.


http://news.yahoo.com/chinas-huawei-zte-kept-u-draft-congres...

Note that *every* equipment vendor named in the article is based outside of the US. Note that the courts are constantly full of various companies charging eachother with patent infringement and theft of trade secrets.

This is not about US vs foreign sourcing of equipment. This is not about protecting IP.

This is about pols wanting to posture about China in front of the election.

Steve
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (25) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement