Hobbling Huawei: Inside the U.S. war on China’s tech giant

Re:Hobbling Huawei: Inside the U.S. war on China’s tech giant by navigatesol on Wednesday May 22, 2019 @06:48AM (#19979770)

>The reality is that Huawei has been outspending its competitors in R&D by a wide margin for over two decades, because the latter are managed by bean counters in thrall to the stock market's short-term horizon.

The idea that "the stock market" prevents companies from doing any long-term development is one of the most delusional, easy to disprove memes going. Public companies in America have been churning out game-changing technology forever. The Chinese are ahead on 5G, so suddenly the system is a failure?

Going public is a capital raising mechanism, nothing more. And it's probably driven a few orders of magnitude more innovation than it's hindered. The disdain for public markets (or finance in general) on these boards is bizarre.

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Re:Hobbling Huawei: Inside the U.S. war on China’s tech giant by fmajid on Wednesday May 22, 2019 @07:38AM (#19980023)

The failure is that we let Huawei out-invest us (as in Western telecoms network equipment firms, Ericsson, Nokia, Alcatel, Lucent, Nortel, Siemens) 2 to 1 in R&D for the last 20 years. That's because Ren Zhengfei is a visionary who was prescient enough to understand the value of R&D in gaining an edge while also ruthless enough to use industrial espionage in the short term to catch up.

The current situation was completely predictable, but industrial policy has a bad name in rentier capitalist circles that dominate our policy apparatus.

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