From e-mail tray, forwarding to you or the dot Message 32221210 makes little difference to me. Should you not appreciate the communications and believe I should not waste my time with you, let me know and I post instead to the dot until you make next appearance in the cafe.
On Jul 3, 2019, at 5:20 AM, J wrote:
<<Navarro>> is a deep-state Neo-people tool, and in over his head since the moment of get-go. Following his guidance shall prove to be a bad idea, for his underpinnings are at the same time suspect as well as lightweight.
In the mean, Huawei is a fractal scale-down of the broader non-issue / alt-issue of inexorable rise of the inevitable, and comrade Ren, likely to be judged a national hero leading a civilization champion, gives thanks to his alt-competition, the rule-by-making-rules Neo-people shown to be exhausted of good ideas and on the last Hail Mary pass ... and perfectly stated,
The US is helping us in a great way by giving us these difficulties. Under external pressure, we have become more united than ever Ren Zhengfei, Huawei founder
Iow, irrespective of whatever, and ignoring all noise, go for the high ground per Sun Tze “the art of a deal” (may have mis-cited), go for technological independence by November 2020, as a thank you present to the Neo-people.
Not.priced-in.
ft.com
Huawei founder plays down effect of promised Trump reprieveRen Zhengfei tells FT the US’s softening stance on Chinese company will have limited impact
Ren Zhengfei said Huawei would continue to ‘focus on doing our own job right’ © BloombergRen Zhengfei,
Huawei’s founder, said US president Donald Trump’s move to relax a ban on the Chinese telecoms company’s equipment will not have “much impact” on its business as it adjusts to a new era of American hostility.
Responding to Mr Trump’s decision to soften a ban on US companies selling Huawei the chips, software and other inputs it needs, Mr Ren said his company would continue to “focus on doing our own job right”.
“President Trump’s statements are good for American companies. Huawei is also willing to continue to buy products from American companies,” Mr Ren said in a statement to the Financial Times. “But we don’t see much impact on what we are currently doing. We will still focus on doing our own job right.”
His remarks followed an FT interview, conducted before Mr Trump gave Huawei a partial reprieve, in which Mr Ren stressed his company’s doctrine of self-reliance.
The US is helping us in a great way by giving us these difficulties. Under external pressure, we have become more united than ever
Ren Zhengfei, Huawei founder
“The US is helping us in a great way by giving us these difficulties. Under external pressure, we have become more united than ever,” Mr Ren said in the interview. “If we aren’t allowed to use US components, we are very confident in our ability to use components made in China and other countries.”
Mr Trump surprised many in both Washington and Beijing over the weekend by agreeing to reverse a decision that had, in effect, imposed a ban on US groups selling software and equipment to Huawei.
The move came as part of a more general truce in the long-running US-China trade war.
Mr Trump will meet senior US security officials over the coming days to discuss how far to go in easing pressure on Huawei, but he is facing conflicting domestic pressures.
On one side, US technology companies are lobbying heavily for a significant relaxation of the Huawei ban. On the other, many China hawks want Mr Trump to restrict Huawei even further because of the threat they say it poses to national security.
One person familiar with the situation said: “The NSC [National Security Council] will be meeting on this as soon as possible, and it is likely to take some time for the administration to figure out how exactly it is going to keep everyone on board here — from Beijing, to US industry, to the China hawks in his own party.”
Mr Trump’s comments over the weekend were a big concession to China, which has insisted that the fate of Huawei should be settled as part of the trade talks between the two countries.
The US argues that Huawei poses a threat because its equipment for 5G superfast broadband networks could be used by Beijing for spying. It has also accused the company of stealing US technology and breaking sanctions against Iran.
Mr Trump said that while other issues relating to the company would be discussed later in the talks, he was planning some kind of immediate concession on the export ban.
Larry Kudlow, a senior White House economic adviser, later clarified that the Trump administration was not considering a “general amnesty” for Huawei, but rather granting more export licences than it might otherwise have done.
The move delighted many Silicon Valley companies, who sell everything from software to microchips to the Chinese company. But it also caused confusion about how the policy will be drawn up.
John Neuffer, chief executive of the Semiconductor Industry Association, which represents many of the US chipmakers who supply Huawei, said: “We are encouraged the talks are restarting and additional tariffs are on hold and we look forward to getting more detail on the president’s remarks on Huawei.”
Experts say the Trump administration’s most likely route is to extend and possibly expand a 90-day reprieve that it granted to many US companies soon after the ban was enacted. That reprieve grants a general licence to anyone selling equipment or software to existing products, such as allowing Google to update its Android software on Huawei mobile handsets.
Paul Triolo, a technology policy expert at Eurasia Group, said: “There is a lot of confusion about this, but it seems like they are trying to figure out a way to make sure the temporary general licence allows some supply particularly to Huawei’s consumer side.”
Others close to the situation say officials want the ban to target specific “choke points”, items that are crucial to Huawei’s 5G network equipment and for which the company is reliant on US suppliers.
This is likely to include items such as programmable microchips, which are made by Intel among others, though some companies are urging the administration to exempt them if they are not going to be used in 5G networks.
One technology executive said: “We assume we will still be blocked from selling 5G-related products since they are sensitive to national security, but other things should be allowed, such as programmable chips which are not for 5G.”
But some in Congress are looking for ways to stop the president softening his position. Marco Rubio, the Republican senator for Florida, warned over the weekend that removing Huawei from the blacklist would be a “catastrophic mistake”.
People briefed on the situation say some Democrats and Republicans are teaming up on an amendment to this year’s national defence authorisation act that would prevent Mr Trump from removing Huawei from the blacklist unless its executives are innocent of breaking sanctions or stealing technology.
Such an amendment was previously proposed by Mitt Romney, the Republican senator for Utah, but it did not gain traction.
Additional reporting by Richard Waters in San Francisco
On Jul 2, 2019, at 10:13 PM, R wrote:
Peter Navarro on CNBC. I forced myself to unmute and listen. He is a beaten man. No clue what he is saying but that is nothing new. Now he no longer has the bark. He is making excuses. David Faber obviously thinks Navarro is an idiot and really giving him a real tough interview.
Since a "trade deal" is what US decides is a trade deal, the odds of some type of meaningless deal in the near future is a certainty.
On Tue, Jul 2, 2019 at 6:32 AM J wrote:
Do not question Capitol Hill, and certainly refrain from interrupting the process, so that the process can end faster by itself
Nokia? Best to let suspect operators buy into Nokia, and then kibosh the entirety, lock, stock, barrel, system, and spare parts
For Huawei, best be ready to buy whatever IP portfolio NO holds, and consider to offer alliance w/ Samsung
War is war.
On 2 Jul 2019, at 9:14 PM, R wrote:
population of Shenzhen is about entire population of Sweden and Finland combined. There are probably more engineers working for Nokia and Ericsson in China than at their home countries. (just my guess) The China telecom market is biggest in world.
US has NO homegrown 5G end to end solution. By forcing ourselves to go with far inferior and more expensive suppliers such as Nokia and Ericsson, what kind of logic is that?
On Tue, Jul 2, 2019 at 5:10 AM J wrote:
As suspected, team Nokia is worried, about cost, because it cannot survive the tougher security demands going forward on level playing field. It does not have 80,000 engineers working on the issues as does team Huawei, especially if NO has to migrate its industrial chain out of China per Capitol Hill demands
We would do well to monitor NO stock, for once it craters, the actors which opted for NO equipment shall suffer catestrophic systemic zero-state reset without backstop, and no spare change to swap to Ericsson
Let us watch, and see how Capitol Hill does what needs to be done to tee-up TwoAPuc (the worst of all possible unintended consequences)
ft.com
Nokia boss warns against tougher security rules
European governments grapple with concerns about using Huawei in telecoms networks
9 hours ago
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© AFPThe chief executive of Nokia has warned that European governments risk inflicting collateral damage on the wider telecoms industry as they try to crack down on Huawei with new regulations.
A number of European countries have begun reviews of whether equipment from Chinese suppliers Huawei and ZTE should be banned from new 5G networks or used in only a limited way, following pressure from the US.
Although Nokia could benefit from any loss of business at Huawei, one of its chief rivals, chief executive Rajeev Suri expressed concern that a more fragmented approach to security in the telecoms supply chain could slow 5G rollout and make it more expensive.
“I am not sure that certifying products country by country is going to get us anywhere,” he said, pointing out that 5G networks will run on software that will require a lot of regular updates, and stricter regulation could cause disruption.
“What you don’t want is a cumbersome process involving more cost in the supply chain,” he said. “Let’s be careful. No more red tape, no more bureaucracy and no more extra cost.”
A decision in 2010 by the Indian government to ban imports of Chinese equipment showed that interference in the supply chain can have a negative effect, he added. “I don’t think a lot [of equipment] shipped [to India] that year.”
Mr Suri said that Nokia had won 43 commercial 5G contracts overall, including last week in Saudi Arabia, but argued that it was “too early to tell” whether it would benefit from the added scrutiny of Huawei.
Mr Suri was circumspect in discussing Huawei specifically. “It is best to stay focused on what you can control,” he said.
That was in contrast to Marcus Weldon, Nokia’s chief technology officer, who said in an interview with the BBC last week that the UK should be wary of using the Chinese company’s equipment. The company issued a statement that the comments did not “reflect the official position of Nokia”.
Mr Suri said that telecoms companies had a number of options, including swapping equipment or using specialised software, if they switched from Huawei to a rival supplier. He said that some companies were changing equipment suppliers but that pressure on Huawei was “not the only driver”.
In May, the US added Huawei to its “entity list” of companies barred from purchasing US technology without government approval, disrupting the global telecoms supply chain. Companies including Arm and Google paused their work with Huawei in response.
Donald Trump has now said that the US is considering whether to remove Huawei from this list, as new talks over a US-China trade deal have resumed.
That would ease fears of an all-out trade war that could cause further disruption for telecoms equipment suppliers.
Ericsson, Nokia’s Swedish rival, said last week that it would establish a new factory in the US to produce antenna systems for 5G. Mr Suri said it had been able to shift some manufacturing from China to other locations, including India and Vietnam. |
