>The reality is that Huawei has been outspending its competitors in R&D by a wide margin for over two decades, because the latter are managed by bean counters i

>The reality is that Huawei has been outspending its competitors in R&D by a wide margin for over two decades, because the latter are managed by bean counters in thrall to the stock market's short-term horizon. The idea that "the stock market" prevents companies from doing any long-term development is one of the most delusional, easy to disprove memes going. Public companies in America have been churning out game-changing technology forever. The Chinese are ahead on 5G, so suddenly the system is a failure? Going public is a capital raising mechanism, nothing more. And it's probably driven a few orders of magnitude more innovation than it's hindered. The disdain for public markets (or finance in general) on these boards is bizarre.