The extraordinary decision by the president underscored the increasingly protectionist stance his administration has taken in recent weeks to shelter American companies and ward off foreign investment in the United States.
The above are the original Qualcomm chips made for CDMA back in 1992. They were given to me when I was COO of Wireless.
Before commenting let me present some bona fides. The founder of Qualcomm was my advisor at MIT decades ago. At NYNEX I ran the venture investment fund and we along with two other Telcos invested a total of $15 million in the company. It also was one of the best if not the best investment made by the company.
Then as COO of the wireless company, now Verizon Wireless I circled the world convincing many manufacturers and carriers of the benefits of CDMA and thus fully monetizing the company. Thus I have some knowledge to say the least. Second the proposed buyer is alleged to have close ties with various Mainland Chinese entities who in turn are close to the PLA, the Communist Chinese Army!
Now does it make sense to have a potential adversary own and run a company whose products are used in strategic US systems? Hopefully any moron would know the answer to that. Thus Trump's decision is hardly protectionist, it is the only decision he could ever make as the President of the United States! Next we could have seen the chips in North Korean Ballistic Missiles on their way to San Diego or elsewhere.
Thus one wonders who writes these absurd pieces for the NY Times. Fake News, no, Dumb News, yes!
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