No end in sight for the U.S.-China trade war means volatility for the markets. Tech stocks are leading the way down... Qualcomm continues to fall, nothing new has come out since yesterday but it seems the market is starting to digest all this information. They were suffering from the Huawei blacklist to begin with, then … Continue reading Trade War Continues
This coming from U.S. District Judge Lucy Koh. She sided with the Federal Trade Commission(FTC) who said Qualcomm used it's dominant position in the CDMA and LTE modem chip market to squeeze rivals out of contracts and force mobile phone makers to pay more for its patents. The FTC filed the lawsuit in 2017, accusing … Continue reading Qualcomm Violated Antitrust Law
The U.S. markets dropped today as the blacklist of Huawei and 26 of its affiliates went into effect on Friday. I thought we knew this already... The big pain for Huawei has got to start with Alphabet halting most of it's relations. Huawei counts on Alphabet to supply it's operating system for it's phones. Huawei … Continue reading Huawei Blacklisted
