ZTE’s Near-Collapse May Be China’s Sputnik Moment


8 bookmarks. First posted by aebraddy 13 days ago.


The near-collapse of ZTE may prompt China's Sputnik moment, when it gets serious about developing its own advanced chip capabilities
12 days ago by joeo10
Li Yuan, suggesting that ZTE's near-death experience will affect China as the sight of Sputnik overhead did America, presaging a technological surge:
<p>China offers a competing vision to those who see technology as a global, liberating force. Its robust online culture coexists with stringent censorship. China forcefully espouses a view of sovereignty in the cyber realm that sees a greater degree of government control than the internet’s creators ever envisioned — a view that doesn’t seem as far-fetched as it once did, as politicians around the world grapple with the unintended consequences of technology.

Before we get to that future, however, the ZTE incident offers a glimpse of where China stands now.

ZTE’s near-collapse has shaken tech entrepreneurs, investors and ordinary Chinese people alike. In social media chat groups, at dinner tables, at industry conferences, terms like “semiconductors” and “fundamental scientific research” have become buzzwords. My novelist, economist and philosophy professor friends all ask me: How far behind is China’s microchip industry? How long will it take us to catch up with the United States? (Some ask even more basic questions, like: What’s a microchip?)

“The recent ZTE incident made us see clearly that no matter how advanced our mobile payment is, without mobile devices, without microchips and operating systems, we can’t compete competently,” Pony Ma, chief executive of the Chinese internet giant Tencent Holdings said last month at a science forum.

China feels new urgency to increase its technological abilities. Its current push — called Made in China 2025 — lies at the root of worsening trade relations between the United States and China. But the problems with ZTE, which had $17bn in revenue in 2017, will only spur Chinese leaders to push ahead.</p>
Zte  china 
12 days ago by charlesarthur
HONG KONG — Once derided as a technology backwater and copycat, China is justifiably proud of its technology boom. Its people zip around the country on…
from instapaper
12 days ago by junesix
ZTE embargo creates a national conversation about tech independence
china  technology  zte  tech 
12 days ago by nelson
HONG KONG — Once derided as a technology backwater and copycat, China is justifiably proud of its technology boom. Its people zip around the country on…
from instapaper
12 days ago by yudha87
Near-Collapse of ZTE May Be China’s Sputnik Moment (cmts )
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13 days ago by rukku
HONG KONG — Once derided as a technology backwater and copycat, China is justifiably proud of its technology boom. Its people zip around the country on high-speed trains. They can buy, and pay for, just about anything with their smartphones.
Archive  ifttt  nyt  op-ed  opinion 
13 days ago by odelano