ObamacareForever
Senator
https://gizmodo.com/after-bragging-about-broadcom-jobs-trump-kills-its-qua-1823716096
Trump just blocked a merger between Broadcom and Qualcomm on national security concerns. Those concerns being Broadcom has a reputation for a cost-cutter. Trump blocks the merger because he thinks Broadcom will cut their R&D in 5G.
There is a real possibility to that 5G turns out to be useless, overpriced technology, and the R&D turns out to be a complete waste of time and money. Instead of Broadcomm laying off the R&D division at Qualcomm, the entire workforce at Qualcomm is endanger of losing their job because Trump's government is now charge of deciding which risk it takes. We have no idea if 5G will succeed or how much it will cost, that's why its a risk that private sector should be making on its own. Now that Trump has got involved, it is only fair to bailout Qualcomm should they fail.
Trump just blocked a merger between Broadcom and Qualcomm on national security concerns. Those concerns being Broadcom has a reputation for a cost-cutter. Trump blocks the merger because he thinks Broadcom will cut their R&D in 5G.
There is a real possibility to that 5G turns out to be useless, overpriced technology, and the R&D turns out to be a complete waste of time and money. Instead of Broadcomm laying off the R&D division at Qualcomm, the entire workforce at Qualcomm is endanger of losing their job because Trump's government is now charge of deciding which risk it takes. We have no idea if 5G will succeed or how much it will cost, that's why its a risk that private sector should be making on its own. Now that Trump has got involved, it is only fair to bailout Qualcomm should they fail.