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Samsung magically fell to zero market share in China in the span of 2 to 3 years, that's a warning to any company doing business in China, now they are targetin

Samsung magically fell to zero market share in China in the span of 2 to 3 years, that's a warning to any company doing business in China, now they are targeting Fedex over the alleged intentional diversion to the US of some Huawei packages, when China is angry at Korea, Lotte and Samsung became sacrificial lambs to the pent-up ire, Fedex and maybe some other American campanies may be the new ones (Amazon narrowly escaped the witchhunt of anti-China items since they exited China themself just months ago).

ospider 7y ago
Did you remember Galaxy Note 7? That's the magic sauce.
- mamoswine 7y ago
  Indeed, Samsung decided they wouldn't bother recalling exploding phones in China.
throwaway2048 7y ago
Yep, any western company that thinks the Chinese government is going to allow them to have a large market share in China long term is straight up delusional (or thinking so short term they don't care at all) Company after company has been raided for IP and forced out of China, stop falling for the siren song.
- chrischen 7y ago
  Apple still has a large market share in China. Maybe Samsung just sucks and couldn’t compete against Huawei? Only reason Huawei hasn’t beat out Samsung in the US is because of anti-Huawei sentiment in the US.
  - rhegart 7y ago
    That’s not true...Huawei stole from Nortel and it’s just that tech initially. Samsung was doing great before the forced anti Samsung protests (Huawei was already 1 at the time).
    - generatorguy 7y ago
      i'm a former nortel employee. so sad to see people lose their houses and pensions due to chinese theft. The hacking wasn't even publicized as a warning that other companies could heed - get your security in order, be careful with your IP, or you will go from 140,000 employees to a small cadre of lawyers and accountants managing the pittance that is left over. But at least none of the management at Nortel was embarrassed by the bad publicity of getting owned by the chinese and their inability to do anything about it.
  - psychrometer 7y ago
    Isn't the cause of Samsung's decline in China due to boycotts related to THAAD deployment in SK?
    - dba7dba 7y ago
      Yes. THAAD was the reason.
  - Tade0 7y ago
    Samsung is making a killing on selling OLED screens to both Huawei and Apple - I guess they figured it's easier and more profitable this way than to try re-conquer a saturated market.
- knowaveragejoe 7y ago
  If only we had some sort of mechanism to force China to fall in line. Something that would have leveraged all of the economies of the pacific together against their tendencies... some sort of partnership. A trans-pacific partnership, if you will. Surely Trump wouldn't have backed out of such an agreement on his first day of office.
age_of_stone 7y ago
don't you think that Fedex is suspicious for diversion to the US of some Huawei packages when US government is targeting Huawei for "national security"? what if a Chinese courier company operating in US diverts some Cisco packages to China when China is "blacklisting" Cisco? what do you think US government would do?

ospider 7y ago

Did you remember Galaxy Note 7? That's the magic sauce.

mamoswine 7y ago
Indeed, Samsung decided they wouldn't bother recalling exploding phones in China.

throwaway2048 7y ago

Yep, any western company that thinks the Chinese government is going to allow them to have a large market share in China long term is straight up delusional (or thinking so short term they don't care at all) Company after company has been raided for IP and forced out of China, stop falling for the siren song.

chrischen 7y ago
Apple still has a large market share in China. Maybe Samsung just sucks and couldn’t compete against Huawei? Only reason Huawei hasn’t beat out Samsung in the US is because of anti-Huawei sentiment in the US.
- rhegart 7y ago
  That’s not true...Huawei stole from Nortel and it’s just that tech initially. Samsung was doing great before the forced anti Samsung protests (Huawei was already 1 at the time).
  - generatorguy 7y ago
    i'm a former nortel employee. so sad to see people lose their houses and pensions due to chinese theft. The hacking wasn't even publicized as a warning that other companies could heed - get your security in order, be careful with your IP, or you will go from 140,000 employees to a small cadre of lawyers and accountants managing the pittance that is left over. But at least none of the management at Nortel was embarrassed by the bad publicity of getting owned by the chinese and their inability to do anything about it.
- psychrometer 7y ago
  Isn't the cause of Samsung's decline in China due to boycotts related to THAAD deployment in SK?
  - dba7dba 7y ago
    Yes. THAAD was the reason.
- Tade0 7y ago
  Samsung is making a killing on selling OLED screens to both Huawei and Apple - I guess they figured it's easier and more profitable this way than to try re-conquer a saturated market.
knowaveragejoe 7y ago
If only we had some sort of mechanism to force China to fall in line. Something that would have leveraged all of the economies of the pacific together against their tendencies... some sort of partnership. A trans-pacific partnership, if you will. Surely Trump wouldn't have backed out of such an agreement on his first day of office.

age_of_stone 7y ago

don't you think that Fedex is suspicious for diversion to the US of some Huawei packages when US government is targeting Huawei for "national security"? what if a Chinese courier company operating in US diverts some Cisco packages to China when China is "blacklisting" Cisco? what do you think US government would do?