• ExotiqueMatter@lemmygrad.ml
        link
        fedilink
        arrow-up
        8
        ·
        11 months ago

        while Huawei just stole the results of Nortel’s R&D and then had CCP subsidies for the production.

        China requires that all companies entering their market share their technology with Chinese firms, any company planning to enter the Chinese market know that.

        In other words, Nortel (and others companies who set shop in China) willingly shared their tech with China in exchange for being allowed to operate in the country, so saying China stole the technology is extremely dishonest.

      • bartolomeo@suppo.fi
        link
        fedilink
        arrow-up
        6
        arrow-down
        1
        ·
        11 months ago

        Interesting story. I wonder what would have happened if Nortel produced the phones in Canada.

        • Em Adespoton@lemmy.ca
          link
          fedilink
          arrow-up
          3
          arrow-down
          9
          ·
          11 months ago

          In that era, someone else in the telecoms business would have gone to China for production to compete with Nortel.

          Results likely wouldn’t have been all that different.

            • bartolomeo@suppo.fi
              link
              fedilink
              arrow-up
              2
              arrow-down
              1
              ·
              11 months ago

              Can you explain? I’m not really good at catching the subtleties of language through text.

              IMO the commenter is not at all close to getting it because the Canadian firm would have patented their innovation and produced it in a country that has the kind of IP laws they expect, so their innovation would have reaped a great reward instead of getting copied and put them out of business.

      • pc486@reddthat.com
        link
        fedilink
        arrow-up
        3
        ·
        11 months ago

        Nortel wasn’t killed by Huawei stealing their IP, which certainly did happen. They tanked themselves with some terrible accounting that hid the terrible situation they put themselves in. Nortel and Enron are the reason GAAP is the gold standard and legally required to be reported these days.