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CBRE Clarion Global Real Estate Message Board

dickdigby 1 post  |  Last Activity: Jul 24, 2014 11:06 AM Member since: Oct 31, 2005
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    Chinese=no innovation,no entrepreneurship

    by myyddogal Jul 24, 2014 10:55 AM
    dickdigby dickdigby Jul 24, 2014 11:06 AM Flag

    Yeah, the Chinese tried to extort QCOM years ago because they didn't want to pay QCOM the licensing fees and royalties. QCOM held the line and eventually prevailed. The Chinese are a bunch of crooks. I take heart and hold my shares because: 1. QCOM has honest management that is very upfront about the problem. 2. QCOM must have something very valuable and important to be the specific focus of the government of the largest company in the world. China has to deal with QCOM or resign itself to having a second rate cell system for many, many years.

IGR
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