Tag Archives: Honor 20 smartphone

Aug 31 2019

Get Off the Plane: Your Social Credit Score Just Went Negative


Published on Aug 30, 2019

China expands its system of tracking a citizen’s behavior with a social credit score, and limiting his freedoms if it goes negative. Your neighbor reports you smoking a cigarette at your house, and when you try to fly to Hong Kong the flight attendant says, your score is too low, get off the plane. Is this just a dystopian nightmare spawned by communism, or could measures taken by American companies to nudge consumer behavior lead to such a scenario in the land of the free? Right Angle — with Stephen Green, Scott Ott and Bill Whittle — is a production of the Members at BillWhittle.com, who pay to create dozens of new shows each month, run their own Member-written blog, and generally work to advance the message of liberty in the free and communist worlds. Perhaps you should join the team that’s working toward what you believe. Visit https://BillWhittle.com/register/ right now to become a Member.

 

 

Aug 27 2019

China warning the Hong Kong Protests are a “Color Revolution”


Armstrong Economics Blog/China

Re-Posted Aug 26, 2019 by Martin Armstrong

 

After 12 weeks of protests in Hong Kong, the likelihood of China sending in troops has escalated. Xinhua News Agency said Sunday in China recalling comments by former top leader Deng Xiaoping saying Beijing has to act under such circumstances. In Sunday’s commentary, Xinhua said Hong Kong’s protests have turned into a Color Revolution aimed at overturning the Special Administrative Region’s constitutional institutions. This is not very accommodative at this point and the protesters have reached an extremely dangerous point.

There is a deep concern here in Asia since we have clients on both sides of this conflict, which is why I am in Asia at this moment in time.  There is a rising fear that if China sends in troops, exactly how long will such a situation play out.

Our key turning points remains unchanged – September, November, and the big one is January coinciding with the turn in the Economic Confidence Model. We do see rising volatility in the currency come October.

Aug 14 2019

The Legacy of Tiananmen Square at 30


Published on Jun 10, 2019

The Tiananmen Square democracy protests in 1989, and the subsequent brutal crushing of the movement by the Chinese government on June 4, remain one of the key moments in China’s modern history. On the 30th anniversary of the protests and the crackdown, what is the legacy of Tiananmen Square, and how has it shaped modern China? How did the Communist Party maintain its grip on power, even while losing legitimacy in the eyes of many at home and abroad? Why has there been no follow-on democracy movement in China over the succeeding third of a century? In an era of populism and nationalism around the world, are there any prospects for a Chinese pluralism that embraces democracy? Hoover Institution Research Fellow Michael Auslin, famed Chinese democracy activist and former political prisoner Wei Jingsheng, student leader of the 1989 Tiananmen Square Democracy Movement Wang Dan, Claremont McKenna College Professor Minxin Pei, and Victims of Communism Memorial Foundation Executive Director Marion Smith discuss the legacy of Tiananmen Square.

 

Jun 17 2019

Huawei Tech Prepares for 40 to 60 Percent Drop in International Smartphone Shipments…


Re-Posted from The Conservative Tree House on June 16, 2019 by 

Bloomberg has an interesting article citing an internal discussion within Chinese technology company Huawei as they estimate the financial impact to the U.S. blacklist position.

Do the math… Huawei estimates an international drop of between 40 million to 60 million units at an average retail cost of $500 per unit. That is a stunning financial forecast for a drop in sales.

(Via Bloomberg) Huawei Technologies Co. is preparing for a 40% to 60% drop in international smartphone shipments as the Trump administration’s blacklisting hammers one of the Chinese tech giant’s most important businesses.

China’s largest technology company is crunching internal estimates and exploring options including pulling the latest model of its marquee overseas label, the Honor 20, people familiar with the matter say.

The device begins selling in parts of Europe June 21 including France and the U.K., but executives are monitoring the launch and may cut off shipments if it sells poorly as expected, they said, asking not to be identified discussing internal matters. Already, two of France’s largest carriers aren’t bothering with the Honor at all, two people familiar with the matter said.

Huawei sales and marketing managers are internally charting a drop in volumes of anywhere between 40 million to 60 million smartphonesthis year, the people said. That’s a big chunk of an international business that in 2018 accounted for almost half of the 206 million phones it moved.

The unusually wide range underscores the uncertainty gripping Huawei, a Chinese national champion that Washington accuses of aiding Beijing in espionage — something the company has repeatedly denied.

The U.S. in May blacklisted Huawei, choking off the American components and software it needs to run its businesses. That includes updates for the Google Android system that powers all its smartphones abroad. Without that software, devices like the Honor 20 wouldn’t be able to run critical apps like Google Maps and Gmail.

[…] Priced at 399 pounds ($500), the Honor 20 runs on the most advanced Android 9 software and is the latest in a line that’s won over budget-conscious consumers, including in the U.S.

[…] Huawei aims to grab as much as half of the smartphone market in China in 2019 to offset the decline overseas, the people said, citing internal discussions about year-end goals.

While the domestic market is shrinking, Huawei hopes to boost shipments by investing in marketing and expanding distribution channels, one of the people said. (more)

$20 to $30 BILLION loss on Smartphones alone.