All your bases belong to China. Typical of companies in america. In the pursuit of winning over business in China, make short term concessions like transferring jobs and tech know-how to overseas. Then, wait a few years, for your competitors to catch up. Still jumping up and down about that 2.5% dividend yield? Good luck worker bees in America. Your days are numbered. Say hello to the same fate as Motorola.
http://www.ft.com/cms/s/0/350b65d0-d785-11e4-94b1-00144feab7de.html#ixzz3W55kgCc9
Chipmaker Qualcomm sets out China designs
Qualcomm is on a mission to minimise fallout after losing the largest antitrust case in China, a verdict that forced the US chipmaker to cut the royalties it charges and slapped it with a record Rmb6.1bn ($975m) fine.Now the company is at pains to convince Beijing it is indispensable to China — a market that accounted for half of its $26bn in revenues last year — and the global ambitions of national champions such as Xiaomi, the smartphone maker, PC manufacturer Lenovo and Huawei, the telecoms group. Each of these companies is a Qualcomm client. High quality global journalism requires investment. A key concern for Derek Aberle, the company’s president, is that its message is not being heard.“One of the lessons that we learned (as a result of the antitrust case) was that we probably weren’t engaging as much as we should’ve been,” he told the Financial Times at the Boao Economic Forum on China’s Hainan island.
So it is perhaps unsurprising that Mr Aberle made his first trip to Boao, China’s answer to the World Economic Forum at Davos and a favoured destination among foreign companies eager to curry favour with Beijing, this year. Qualcomm was a sponsor of the event for the first time, too.
The company has also broken ground on a new semiconductor plant in Fujian province, adding to one opened last year, as part of efforts to help China develop its own semiconductor industry.