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


To: Haim R. Branisteanu who wrote (127786)1/6/2017 7:51:54 AM
From: elmatador  Read Replies (1) | Respond to of 219889
 
Haim, you're gloomy! I wrote: "Companies that fail (to change) will be gobbled by others as the consolidation has shown. Cultural change is hard."


I see no other way but to change. I refrained to mention NEC, the Japanese electronics concern.


NEC -they produced everything for telecoms- products were of superior quality and NEC sold cheap!


It came out of Japan fast and furious too and absolutely scared the the living daylights of the vendors, then, Philips, Ericsson, Siemens, Alcatel, GEC, Plessey. You name it.


As fast as they came out of Japan they went back and became small once again



To: Haim R. Branisteanu who wrote (127786)1/9/2017 7:03:53 AM
From: elmatador  Read Replies (2) | Respond to of 219889
 
ZTE follows Elmat suggestion to Huawei and cut 3.000 staff in China

Rightsizing its castle.
ZTE to cut 3000 jobs in Q1 - reportMonday 9 January 2017 | 08:05 CET | News

ZTE wants to eliminate 5 percent of its global workforce, or around 3,000 jobs by the end of the first quarter, Reuters reported, with sources saying the cuts include a fifth of positions in its handset business in China. The handset operations will lose 600 jobs, or 10 percent of the total, with the cuts concentrated in China. Cuts in the handset business in China will go beyond 20 percent," said a senior executive briefed on the lay-offs. A local manager in one of the company's overseas branches said a 10 percent quota was given to shed staff in his department by the end of January. ZTE declined to comment.

ZTE is the only Chinese smartphone vendor with a meaningful presence in the US, where it has a 10 percent market share. The US Commerce Department first announced in March that it would impose a ban on exports by US companies to ZTE for allegedly breaking Washington's sanctions on sales to Iran. The ban has not yet come into effect following a series of reprieves.

ZTE chairman Zhao Xianming said in his New Year speech to staff that the company, which has annual sales of more than USD 15 billion, had "encountered its biggest crisis in its 31 year history", according to a transcript on the company’s official WeChat account.



To: Haim R. Branisteanu who wrote (127786)5/22/2018 9:20:34 AM
From: elmatador  Read Replies (1) | Respond to of 219889
 
Remember when I wrote for Huawei to Change direction?

Although there is no official confirmation from any of the parties as of yet, a deal would result in China increasing agricultural imports from the US, while the US would lift its ban on ZTE making use of US components. A shake up of the ZTE management team and Board of Directors is also like to be a condition in the exchange.

http://telecoms.com/489857/us-and-china-reach-handshake-deal-to-ease-tension-and-save-zte/

Basically the deal means for ZTE to cnage direction


Why the Chinese did not do as Elmat advised and avoid the whole thing?