SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.18+1.1%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Qurious who wrote (147896)7/24/2018 3:50:47 PM
From: slacker71111 Recommendations

Recommended By
AlfaNut
Brihack
garrettjax
JeffreyHF
Jello

and 6 more members

  Read Replies (1) of 196989
 
MOFCOM's dragged out, drawn out review of the deal long predates this trade pissing contest. The two events are not related. I don't get why everyone keeps conflating the two.

As to upside/downside, there is no upside to MOFCOM performing to a deadline they did not set.

I absolutely see the lack of approval as related to the trade issues and then ZTE. The first shots in the trade war were the steel tariffs and the rumors around that began in late January. In addition to every reputable article tying the approval to trade, Q has said the same thing and we have never heard of a business reason that might be holding up approval.

I see this as a political decision and not MOFCOM at all. So, it doesn't really matter whether this is a MOFCOM or Qualcomm deadline as perception is what is going to drive the reaction....and the perception will certainly be that China turned down approval because of the trade disputes.

I don't know whether the US (Trump or Senate Republicans) will react to a lack of approval...and neither do the Chinese. There is no upside to a "no" while there is certainly some potential downside. As I said before, the Chinese government is making a mistake if they don't give approval.

Slacker
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News