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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (56700)10/20/2009 4:48:24 PM
From: elmatador  Read Replies (1) | Respond to of 217917
 
immigrants pay tax, can't decide on how moollah is going to be distributed.

Now you want the moslems to pay for the single mothers the drug addicts rehab? No way!

You want the Chinese to pay for the jobless when they work hard? not going to happen.

Instead of attracting Elmat caliber folks you want people to come there and clean the toilets.
Then you want them to be clever?

Put the Kiwis to cleant the latrines and give the immigrants good jobs that people will go there and contribute.



To: Maurice Winn who wrote (56700)10/20/2009 5:35:58 PM
From: Chas.  Respond to of 217917
 
Seems like a rational, reasonable conclusion to me....

and just may be universal...

regards



To: Maurice Winn who wrote (56700)10/21/2009 12:01:34 AM
From: RJA_  Read Replies (1) | Respond to of 217917
 
Interesting post.

Thanks, MQ.



To: Maurice Winn who wrote (56700)10/21/2009 2:57:25 PM
From: elmatador  Respond to of 217917
 
Ripple effect from Huawei
Mobile rivals swamped as Chinese giant gains real market traction

OCTOBER 19, 2009

When Nokia Corp. Thursday revealed problems with its mobile infrastructure unit, Nokia Siemens Networks, or NSN, on Thursday, the stock fell 11%.

A fall that large suggests investors are finding it hard to factor some information into their calculations. That missing factor is the rise of the Chinese giant Huawei Techologies Co., which isn't listed and reports its results only once a year.

Looking specifically at NSN, a joint venture with Siemens AG, revenues were down 20% year-on-year this quarter, and 14% quarter on quarter. The company said the overall global infrastructure market is expected to decline by only 5% this year. The Chinese market, which represents about 16% of the total, is growing fast and may peak around 50% of the market at some point this year.

Meanwhile, Nokia, whose year-on-year revenue decline for the quarter was 37% in the Asian-Pacific region and 27% in Latin America, attributed much of the market-share loss to rival equipment suppliers Alcatel-Lucent and L.M. Ericsson Telephone Co. These losses could be collateral damage as those companies fight even more strongly to keep existing contracts in the face of business wins by Huawei.

Last year, Huawei's revenues grew by 43% to $18.3 billion, and net income rose to $1.1 billion from $957 million in 2007. This sort of growth implies that the company has real market traction that will be hard to slow.

And this year, the company has made inroads with many of the world's major suppliers, the key ones being Vodafone Group PLC and Telefonica SA.

We won't know until spring, when Huawei issues its annual report, exactly how well it is doing. But we can already see its effect on other companies.

—Paul Sharma