China's version of "privacy" is the CCP must monitor it for "privacy concerns."
Any computer manufacturers that DON'T bow down to the CCP? Being serious here. I'm sick and tired of everyone bowing down to the CCP.
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Apple Gives Up Board Seat at Chinese Ride-Hailing Company Didi
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China's version of "privacy" is the CCP must monitor it for "privacy concerns."
Any computer manufacturers that DON'T bow down to the CCP? Being serious here. I'm sick and tired of everyone bowing down to the CCP.
I hate public transport. Why do you want me to travel with smelly homeless and pizza-eating moms?
Production in China must be stopped and China driven out of the west. Business ban for Chinese companies.
Fair enough. I understand the sentiment - and even agree with it.
At this time, however, I don't think it is in any way feasible.
First of all, Apple is trying to diversify its supply chain out of China, but as things stand, the Chinese supply chain is not replicable anywhere else yet. This will take time.
Secondly, Apple executives cannot pull their business out of China, because of the size of the market. Apple shareholders would revolt and the executive team would be replaced.
Like you, I am hoping this changes, but as things stand, it's simply not feasible until there's a Western consensus that it needs to happen.
Unfortunately, I worry that we're way too greedy to actually make it happen any time soon.
Apple CEO Tim Cook with Didi
Awesome pic. 😂 Tim Cook can’t deign to open a car door like the commuting plebeians. Although in his defense, someone has been doing it for him for years. Probably just forgot.
Was there any successful acquisition / investment under Tim Cook regime? Can't think of one.
Tim Cook might be a good operations guy, but he is super overrated as a CEO. Can't think of one good thing he has done other than squeezing pennies for profits. Yes, maximizing profits is definitely important and he has done a good job at that, but that's not really growth, and tech companies should be growth-centric for long-term sustainable business.
Every company that has hired penny squeezer has been struggling to gain market shares and brand value. Some of the examples are Mercedes-Benz (whose cars are now lagging behind BMW and Porsche), Samsung (where they have lost whatever premium feel its products had by using cheap parts to make products) and Toyota (cannot get a good footing in EV transition). Hate it all you want, but mobility tech is the future, and Apple has not shown any progress in EV or mobilities market under Tim Cook. He is holding the company's growth.
Look at how Satya Nadella has completely transformed MSFT, and look at how Lisa Hsu has given new life at AMD. Progressive leadership can take the company to the next level, and all Apple has done since Steve passed is squeezing cost for profits and no groundbreaking products.
Tim Cook might be a good operations guy, but he is super overrated as a CEO. Can't think of one good thing he has done other than squeezing pennies for profits. Yes, maximizing profits is definitely important and he has done a good job at that, but that's not really growth, and tech companies should be growth-centric for long-term sustainable business.
Every company that has hired penny squeezer has been struggling to gain market shares and brand value. Some of the examples are Mercedes-Benz (whose cars are now lagging behind BMW and Porsche), Samsung (where they have lost whatever premium feel its products had by using cheap parts to make products) and Toyota (cannot get a good footing in EV transition). Hate it all you want, but mobility tech is the future, and Apple has not shown any progress in EV or mobilities market under Tim Cook. He is holding the company's growth.
Look at how Satya Nadella has completely transformed MSFT, and look at how Lisa Hsu has given new life at AMD. Progressive leadership can take the company to the next level, and all Apple has done since Steve passed is squeezing cost for profits and no groundbreaking products.
Expensive?
I see the board seat as Apple learning about:
Electric cars,
rules and regulations,
estabilishing entrenched partnerships for manufacturing in the future.
a very CHEAP lesson to learn about the Chinese market
According to the report apple lost $1BN investment? :O that's pretty hefty... and then Didi Globa even lost an extra $200m... as some one else pointed out, that's a hard lesson to learn!
Though I suspect that the investment money may not be the full loss, legally Apple should still be able to recover some of the money, right?
Though I suspect that the investment money may not be the full loss, legally Apple should still be able to recover some of the money, right?
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So Chinese officials were taking rides to "secret" locations ... and someone in the autocracy thought that was a national security breach and decided to crush the service. This in my opinion is not about learning regulations but about a closed regime / system that if Apple champions the values of Privacy, free speech and entrepreneurship should actually leave it at bay. Otherwise when the times comes Apple might probably be next.
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Really just part of the cost of doing business in China. Apples’s still doing fine BTW… 😉Expensive?
I see the board seat as Apple learning about:
Electric cars,
rules and regulations,
estabilishing entrenched partnerships for manufacturing in the future.
a very CHEAP lesson to learn about the Chinese market
Apple is slowly reducing its business with China.
I partly agree, however just one (VERY) good thing under Tim's regime is the transition from slow, hot, power-hugging Intel chips to Apple Silicon in Macs. For a long time in the future this will be seen as a huge positive, albeit possibly a very logical step. In my eyes this move is one of Apple's biggest real innovations of the past years.
Fully agree. It's just a matter of time that China hurts Tesla enough to kill that market. Seems they do this with all companies they (state) does not have a real hand the cookie jar. I guess they (Apple and Tesla) are getting by because of factories they use there.
Your first sentence is true, but there's no comparison between England's corruption or India's corruption and what the CCP does.
In most countries, corruption happens often as a consequence. Xi's policy is corrupt by design.
I've heard the NHS is bad, but they don't wall people up to die because their neighbor had a fever. If the CCP were a person, it would be a narcissist with dark tetrad traits. It abuses people, blames the abuse on others, then abuses people more and calls it a solution until people learn to love Big Brother. Then CCP repeats.
Admittedly evil people like Epstein who got too chose to know too much may find themselves disappeared or suicided, but in CCP's China, thousands of people with no connections or criminal history get disappeared or suicided just for posting on social media that freedom is good.
This was an oversight from my end. I do agree that Apple Silicon was a great thing for Apple. Now if Apple can better streamline apps between iOS and MacOS so that they can be more easily interoperable….