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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 46.82+9.4%Nov 5 4:00 PM EST

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To: sandeep who wrote (126979)5/28/2019 4:20:53 PM
From: Kirk ©4 Recommendations  Read Replies (1) of 206742
 
I know Huawei gets a lot of network parts from Finisar that has two new factories in China.... Finisar is waiting for approval from only China to be acquired by II-VI for a fat premium. I am sure China was stea.... er learning as much as possible from the joint venture to go it alone eventually. Perhaps they speed it up by having Finisar "sell" their interest in the factories to Huawei or some other "entity" as condition for the merger....

What a tangled mess mostly caused by US companies looking for avoiding taxes on stuff sold overseas as well as lower costs plus the access to Chinese markets. Sadly, most US companies sold their future generations to get the short term profits in the old tax structure.
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