• @0x0
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    91 month ago

    Ekholm attributes Ericsson’s significant network market downturn on Chinese businesses.

    So long as Chinese rivals keep selling low-priced goods, telecoms won’t be able to put much pressure on them.

    Ain’t that called free market competition and all?

      • @[email protected]
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        1 month ago

        It’s more about China heavily subsidizing its tech industry, mainly to disrupt western innovations. Same thing is happening with Electrical Vehicles. Typical capitalist bait and switch.

        • @[email protected]
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          21 month ago

          That’s true, but it’s also true that China has prioritised to make automated factories and investing heavily in just plain better battery tech.

          I know alot of the money came from the CCP, but when the investments are done, this new tech will outperform other companies on just being better (thinking of EV specifically).

          I think I’m just saying that a state investing in tech and technologies is not a bad idea always.