Huawei's woes really were just a flesh wound – profits just soared 564 percent

boem@lemmy.world to Technology@lemmy.world – 81 points –
Huawei's rebounds from sanctions with profits up 564 percent
theregister.com
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Good for them. I still don't want their equipment in our telecom networks but that's not a concern for their domestic usage. If anything, it's probably better for China to use Chinese equipment. Less Chinese money going out of reach into foreign billionaire pockets.

I don't think any wrong doing on their part was ever proven, with countries like Germany state intelligence doing their investigation and finding nothing

It was fear marketing, aka using fear mongering to buy shares for dying western Telecom companies. Seriously, a lot of 5G and 6G patents are made by Chinese people, what chances did slow glaciers like Ericsson have if the USA didn't jump on their old red scare asian peril dick?

Years ago I saw independent analysis of Huawei gear. It was a shit show of vulnerabilities. That on its own was enough for me to conclude that I don't want any of this gear in critical data paths. Having exploitable vulnerabilities is a tactic the NSA has used to enter equipment. Whether Huawei was simply incompetent or they left security holes open on purpose doesn't really matter to me. I'd prefer not to have 'em. Also I'd prefer to have equipment from companies I can take over if needed. 🥹

Your data has been breeched 10 times over already from American companies not giving a shit about securing it.

I don't like the great divide. We get almost no Chinese culture, and it just feels like both nation states are trying to cultivate a West V East narrative for ideological control purposes...

Unless both peoples buy wholeheartedly into nations without borders, this ain't happening. Unfortunately this could only happen sustainably if it happens on the basis of the working classes realizing their commonality and closeness. If it happens on the basis of free trade, the capitalist class will exploit the arbitrage opportunities between the two countries' working classes while turning those classes against each other, so they don't notice they're being co-exploited.

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