[Coronita]

[quote=FlyerInHi]Whatever happened to “let the markets decide”? Whatever is most efficient, the markets will decide.[/quote]

it went South for the winter when the markets are rigged by different governments, including the PRC and the progressive far left.

So it’s every man and woman for themselves using whatever dirtiest legal tricks available.

Trench warfare.

At least controlling the market so american citizens benefit is a far better agenda than far left progressives that want to control things to benefit people aren’t even American .. before taking care of Americans. China doesn’t even do this.

Every other control puts their own country thinks about themselves first. It’s about time some here does the same thing, unlike far left progressives…What we are doing is no different from what other countries have been doing….

Don’t like? Move and GTF out of the country …. Don’t let the door hit you on the way out

And thanks again Brian for paying more for electronics, computers, software in the future. It’s about time you pay your fair share to support tech people in this country.

After all, I certainly could use the extra income to buy more houses, and for the longest times, a lot of consumers have been spoiled too long with those $400 laptop Walmart blue light specials.

[Coronita]

[quote=AN]Looks like Microsoft is also cutting them out from using Windows. So, no Android for mobile and no Windows for PC/Laptop. No x86 and ARM. But they say they’ll release their own OS next year: https://www.cnbc.com/2019/05/23/huawei-our-own-operating-system-could-be-ready-this-year.html

LoL, good luck with that.[/quote]

they make PC laptops too.. good luck with that.

[Coronita]

[quote=FlyerInHi]Isn’t it nice to have the government picking the winners and losers for you.
Wouldn’t that lead to structural inefficiency, then eventual collapse? Meaning an unsustainable system?[/quote]

Why not? Didn’t Obama administration basically do the same thing with all that green energy funding and picking random companies for green energy grants….for example, picking loser companies like Solyndra that went under? Just how many green companies that the Obama administration gave grants to actually survived and are profitable?

(Crickets chirping)

[Coronita]

american consumers have plenty of choices in smartphone and laptops and computers from Taiwan, S. Korea, America, and even China. Fortunately, Huawei won’t be one of them soon.

And it’s time american consumers actually pay more for technology….and it’s time american tech workers to demand more for their work …. just like all those unskilled workers demanding for increasing minimum wage, as championed by progressives, it’s time american consumers start paying for $200k/yr and higher+ american tech workers on average. Thanks for supporting us Brian.

[Coronita]

[quote=moneymaker]Anyone buying Tesla? I bought some and am now down, but as usual don’t plan on selling til it goes back up. Perhaps this will be the first stock I will lose money on. It definitely goes against my better judgement of only buying dividend stocks that actually make money. If the $7000 rebate gets re-implemented it should help, not sure if the China connection will hurt them or not.[/quote]

hell no..

[Coronita]

$67/share… getting close to where I want to buy…. just a few more dollars to $65ish.

[Coronita]

Huawei accused of stealing….again…

https://www.cnbc.com/2019/05/22/huawei-executive-accusetd-of-stealing-trade-secrets-from-axas-company-backed-by-microsoft-and-dell.html

Again, this isn’t an innocent “victim”….They have long had a history of this….

And add Panasonic to the companies that stopped dealing with Huawei.

Panasonic halting business with Huawei after US ban–spokesman

https://www.theverge.com/2019/5/22/18634401/huawei-ban-trump-case-infrastructure-fears-google-microsoft-arm-security

[quote]
The first wave of concerns about Huawei had more to do with cell towers than cellphones. Huawei is one of the main suppliers for network infrastructure (basically, the hardware that your phone connects to), alongside Ericsson and Qualcomm. As carriers raced to build out 5G networks, lawmakers rushed to keep Huawei hardware out of whatever was being built.

There was never any hard evidence of backdoors in Huawei’s cell towers — but, as hawks saw it, there didn’t need to be. As a hardware provider, Huawei needs to be able to deploy software the same way Apple deploys iOS updates. But as long as there was a pipeline from Huawei’s China headquarters to cell towers in the US, there would be a strong risk of Chinese surveillance agencies using it to sneak malware into the network, whether they did it with Huawei’s help or by hacking themselves into the middle. As intelligence agencies saw it, the risk was just too great.

That might not seem fair, but it’s at least a logical response to a real concern. Cell networks are a very tempting target for espionage, and China has a long history of this kind of spying.

[/quote]

Vodafone and EE drops Huawei in UK
https://www.theguardian.com/business/2019/may/22/ee-drops-huawei-phones-from-5g-network-launch-lineup

[Coronita]

[quote=Myriad]https://www.bbc.com/news/technology-48363772
“These are used in the Chinese company’s 5G base stations and computer servers in addition to its smartphones.”
Affects 5G too. Though with all the premature hype maybe it won’t impact the real use of 5G that much.

Losing access to ARM is a major problem. Though if they steal copies and use the technology anyways, maybe they only lose a year or two of development.[/quote]

ARM is pretty much everywhere. It’s a pretty big loss. And most practical applications of it requires a level of customization…that isn’t going to happen if you aren’t licensed for it.

[Coronita]

MSM really got the message wrong… It’s not the US government underestimated the power of Huawei.. Huawei totally underestimated the reach of the US government and US tech contributions… Cutting off chip design technology and software design/egosystems is far more detrimental that just cutting off hardware supplies… People who don’t understand this were saying that Chinese companies could simply replace US suppliers with Chinese suppliers. It’s not so simple.. If they could, they would have already done so because it certainly would have cost less to use a Chinese supplier versus an American one, if that option existed…

We knew it was going to be this part of the ban that would put the nail on the coffin.
China can’t retaliate this… Drastically, what if US bans every chinese cell phone/tablet maker for using ARM… China will need to start with china design from scratch.. No x86, not ARM based processor (even if they designed it in house)… Nothing…

Checkmate.

Huawei will concede.. That would survive if they don’t.

https://www.tomshardware.com/news/arm-huawei-chips-ban-us,39404.html

There’s a difference between setbacks and catastrophes. Huawei losing Google, Intel, and Qualcomm as suppliers is a setback. ARM reportedly cutting ties with the company, on the other hand, could be a bona fide catastrophe.

The BBC today reported that ARM told employees to suspend “all active contracts, support entitlements, and any pending engagements” with Huawei because of the company’s addition to a blacklist by the U.S. Department of Commerce.

It might seem weird for a Japanese-owned company based in the UK to cut ties with a Chinese firm because of U.S. trade restrictions. But ARM said its products rely on tech from the U.S., so it has to abide by its regulations.

ARM didn’t send a new memo in response to the 90-day temporary license the U.S. issued to let Huawei suppliers do business with the company. Instead, ARM warned its employees not to even talk to their counterparts at Huawei unofficially.

Huawei remained hopeful as more and more American companies, ya know, planned to follow U.S. law by no longer working with it. Components? Huawei’s said to have three months’ worth. Operating systems? Huawei’s covered.

But losing ARM (no word on LEG) effectively scuttles Huawei’s plans to design its own chips, because those processors would almost certainly rely on ARM designs, just like pretty much every smartphone and tablet on the market.

China’s semiconductor industry simply isn’t prepared to design and manufacture chips that aren’t based on American tech. Huawei would have to work a miracle to be unaffected by losing the ability to build on top of ARM’s foundation.

With the way things are going, though, we wouldn’t be as surprised as we should be if a report claimed Huawei had been working on wholly original chip designs for a while. This should be a catastrophe; let’s see if Huawei can avert it.

[Coronita]

[quote=The-Shoveler]I truly hope we can get some type of deal, but anyway
XI said to prepare for hard times (they now have a generation that has never known hard times – 30+ years)

I doubt the regime can survive if there is any prolonged downturn.

We will see I guess.[/quote]

The Chinese have a lot more staying power to withstand economic adversity as the majority of the people in China are still poor and are use to being poor. Then again in America, the way you get around economic adversity (at least temporarily) is to relax borrowing standards, borrow or print more more money, give out more free public subsidies, and kick the can down the road….So it’s a stalemate. Different ways for two different worlds to cope with economic calamity

[Coronita]

Huawei mobile is definitely dead.

It’s not just hardware supplier are cutting them off that’s the problem…. It’s all the software that’s also being cut off.

Google cutting them out of Android was already pretty bad, but at least they could substitute their O/S, even though it would be drastically inferior to Android….

But ARM, a British company, cutting them off is really bad, because it basically means they are completely on their own to design processors….They can’t simply leverage ARM, which is what ever other company that wants to do their own silicon uses. it would take years for them to do this

https://finance.yahoo.com/news/uk-chip-designer-arm-says-103257632.html

[Coronita]

….

Wow.. didn’t think this would happen..Ouch…..

Morning Brief: Judge rules Qualcomm violated antitrust law

https://finance.yahoo.com/news/u-judge-rules-qualcomm-practices-102725422.html

I was feeling kind bad that I missed the rally up to the 80ies by selling off early ..but I guess maybe not so much now …

But don’t worry folks. Qualcomm has been dubbed an American “crown jewel”… So I am pretty sure we will see some executive orders in the future that will exempt Qcom after a Twitter storm….I am being serious …

In the short term…back down below $70/share from the $80ies you go ….

Maybe pick up some shares back in the $60ies….after I ditch AMD…hopefully a slew of good news at Computex with Ryzen 3000, Epyc Rome, and Navi Gpu will hype it up.

Unrelated .
The Ryzen 2700x is awesome. I bought the 50th anniversary gold edition with the digital etched signature of Dr Su. Thank you team red for the past of outstanding ROI.

The 2700x sustem was cheap to build , and now with all the security issues with Intel CPUs and those security patches slowing things down 16% at best,…Ryzen 3000 at 7nm will bring very interesting competition to this table….and PCI 4.0 with the x570 chipset.

Time to upgrade again….

[Coronita]

[quote=spdrun]Of course insurance cost changes if you don’t own — if you buy for cash, you can drop collision/comprehensive and just carry state minimum liability.[/quote]

Dropping collision and comprehensive on a brand new $40k car is one of the stupidest things one can do…. almost as stupid as carrying only the minimum liability insurance if one has meaningful amount of net worth worth protecting…

No one in their right mind would spend $40k+ on a new car and then simply not get collision and comprhensive. That thought process is only for people use to buying really old beater car that are disposable… (Even in the case of a beater car, it might even make sense to get comp/collision… if you’re like me with multiple cars, fully insuring one beater car with $0 deductible comp/collision is an extra $50/year, but for the times you rent a car and you waive the optional insurance, you end up have a $0 deductible on the car rental too IF you were to get into an accident…because your best comp/collision coverage would take effect)

Any financial advisor that suggested that one should drop down to the minimum liability coverage while maintaining a $1million+ net asset portfolio, should fired immediately because he is a moron, especially if one lives in sue happy CA, NY, NJ.

The only reason why one would consider getting mimimum liability coverage is he/she has no money/net worth worth protecting…. If that’s the case, there’s a high probably that person isn’t in the market to buy a $40k car with cash, or if he/she is, it would be an incredibly stupid financial decision… making this discussion about insurance costs pointless.

With most normal people, who find the rational reason for decent insurance coverage, there is practically no difference for identical coverage whether the car is purchased with cash or financed.

[Coronita]

[quote=moneymaker]How much would insurance be if paid cash for $35K Tesla and just got the minimum required by law in CA? If still way up there then would be a deal breaker for me and I can see why Elon is trying to get into the insurance business.[/quote]

Insurance cost doesn’t really change based on whether you finance or outright own….

Musk is probably doing this so it’s a one stop purchase / lease ..bundling .

[Coronita]

Adios Huawei. Meet your cousin ZTE and its similar fate.

[Author]

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