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I didn't see it mentioned in the article - what is the cost to the US companies losing ZTE's business?
by newnewpdro 9y ago
I didn't see it mentioned in the article - what is the cost to the US companies losing ZTE's business?
- RIMR 9y agoI don't know the exact numbers, but I imagining it is substantial in the short-term. Also, this motivates China to produce more components domestically, which will permanently sway Chinese companies away from US suppliers, so in the long-term, this could do tens of billions of dollars in damage to the US.
- newnewpdro 9y agoPerhaps the assumption is that ZTE's competitors sourcing similar US components will make up the difference in increased sales when ZTE's business falters.
- est 9y agoZTE order lots of electronic parts from US. The supply chain would suffer. Also the are some small carriers which relies on cheap Chinese Huawei/ZTE phones and cell towers.