China Launching an IP More Than even a Trade War

[Arthur Hanson]

China Launching an IP War More Than even a Trade War

Rick Santelli comments on China being number one in patents, industrial applications and IP designs/trademarks (figures from World Intellectual Property Association) and wants all their IP fully respected, while they clearly violate and claim IP belonging to others. This is part of China's 2025 initiative to dominate and control industry, IP and trade around the world at all costs. The IP war is in full swing with the blatant Micron rulings and the recent attempted Apple IP theft have fully demonstrated this is a war since China has refused to come to the table with other countries and conduct themselves responsibly. Rick Santelli is among the best, if not the best commentator who really does his homework and has an unparalleled number and quality of sources. I have followed him for over twenty years and he has the highest accuracy of anyone I have followed in any industry.

The tech sector especially must treat this as a war, until China comes to the table and truly joins the world community and realize everyone including them will prosper more working in a fair, level, playing field.

 

[JeffreyHF]

Rick Santelli has an unabashed Trumpian bias, and strident beliefs, so many of his comments must be viewed through a political lens. As always, in evaluating opinions that emanate from ideology, consider the potential bias of the source.

 

[Arthur Hanson]

Santelli does meticulus research and has proven his accuracy through numerous politicians and changes of political control in Congress. He is anti socialist for the only areas where socialism has ever worked is where the governments have high integrity and efficiency. Scandanavia are the only places it has worked, every where else it has been a disaster. Socialism only works until other people's money runs out. Under Obama mid range estimates of IP theft were 300B/year for a total of 2.4 trillion. This is a new form of war, not a trade disagreement. If we don't wake up and realize we are in an IP AND TRADE WAR, we will become a has been nation.

I believe in free, fair trade without deliberate regulatory regulations and no tariffs. Socialism is a proven failure except where the government is efficient and honest like Scandinavia that are largely monocultural and small size. I carry a copy of the Constitution with me and consider it the greatest document ever written.

 

[JeffreyHF]

Anyone paying attention to the proliferation of Chinese patents in recent years, recognizes there's great value being placed in developing Chinese IPR. I call that "competition", you call it "war". As a corollary, Chinese patent courts are evolving, and providing a noteworthy degree of fairness and balance to both patentor and patentee alike, considering the relative infancy of their judicial system. Their recent emphasis on producing and enforcing patent rights and intellectual property should not be feared, but rather it should be technologically countered. That's how innovation is stimulated, and the games of all elevated.

 

[Arthur Hanson]

I'll believe that when they grant damages and an injunction against UMC and others that have used blatantly stolen technology and stop hacking US companies and being complicit in stealing technology or using forced joint ventures. They are a long way from being a responsible global player even though they have improved a bit in reality and a lot in their self serving PR.

 

[Guardsmanbob]

I believe in free, fair trade without deliberate regulatory regulations and no tariffs. Socialism is a proven failure except where the government is efficient and honest like Scandinavia that are largely monocultural and small size. I carry a copy of the Constitution with me and consider it the greatest document ever written.

Apologies for this post, ban me from here if you wish.

But what an enraging nationalistic, racist, pile of trash was that!

I'm from one these 'mono-culture' small Scandinavian countries and posts like this make me literally rage at the internet, you are basically saying 'social programs can't work because black and brown people'.

Besides being racist, wrong, culturally insensitive and just fucking stupid it also demonstrates a complete lack of understanding the countries you use as examples.

The rest of the post is also a bunch of worthless drivel not worth the minute it took to read

"I believe in free, fair trade without deliberate regulatory regulations"

Well maybe look at the mess in your own house before coming out here flailing fiery rhetoric, the US is one the world leading protectionist countries, you guys change the leadership of entire countries if they don't behave like you want.

Here is a source of protectionism, it goes far beyond puny tariffs.

https://amp.businessinsider.com/images/560553c3bd86ef1e008bcfc4-960-802.png

 

[Arthur Hanson]

Your source was from the same organization that gave Micron a 35 dollar price target. Much of their research is of poor quality and doesn't come close to matching other sources. Even Chinese companies rampantly steal from each other. If I was racist why would I state China has lead the world in technology three times and is on their fourth rise. Our courts are far more fair than theirs as demonstrated by the latest MU/UMC decision, which was beyond baseless. Of all counties that should want to protect IP, China should for they are starting to produce it on a world class scale. One of my primary sources for twenty years has been the Economist out of England and sold to the Italians a few years ago. My contacts have been Middle Eastern, Indian, European, Chinese, Korean, Philippine, Latin, Russian, Bi, Straight and Gay among others. We stopped Hitler and Japan that had ruthless war machines and helped Japan and Europe rebuild. We saved the south end of Korea and helped make it a modern power house economy. We all make mistakes, please do your homework. Compared to many cultures, we are far less racist and give half our population, women, for more rights than most of the world and have far more freedoms than most by a considerable margin and they comprise half the world's population. We also fought a very bloody internal war to ban slavery. Few countries have the degree of freedom of religion, sexual equality, sexual preference, race, speech, self determination, political thinking, petitioning government, right to assemble, and mostly open courts that the US has.

Freedom, more of it than most countries, is one of our strongest attributes. Forgiveness in anything is key, for in the land of an eye for an eye, everyone ends up blind. We should be our best and encourage those around us to be their best, that is the only way to truly win. Speaking you mind about the leadership in China can have dire consequences even today.

I even endorse the right to free speech, may our speech reflect on our true selves. That is why I gave you a thumbs up.

 

[Eric Esteve]

Arthur, the "organization" you are mentioning is CREDIT SUISSE... we can disagree with them, but can't say they are "socialist"!
In the picture (see link), the Credit Suisse just count the various protectionist measures, by country. US lead the pack with almost 450, followed by India (350) and Russia (270) and this sound realistic... BTW, Europe is far with only 100. Maybe Europe is too fair to win this war.

Anyway I can only agree with you when you say: "...being complicit in stealing technology or using forced joint ventures", just see the ARM case!

 

[Arthur Hanson]

Eric, I don't know where you get your information from, but China and Japan that I know of have a huge number of regulatory, permit and numerous other types of barriers of more types than you can imagine. If anyone thinks Chinese courts are fair, you don't have contacts familiar with them. The party is tightly integrated into their courts according to my contacts who are intimately familiar with China first person and have personally dealt with their political/legal system where the lines blur beyond recognition.

 

[Eric Esteve]

The information that I have shared is in the public domain:

"...being complicit in stealing technology or using forced joint ventures"

I refer to the JV story between ARM and a Chinese company:
- 2017, creation of the JV (51%-49%)
- 2018, ARM stakes has been bought by the partner,
end of the story and ARM lose 35% of license revenues in H1'18 compared with H1'17 ($250 million vs $400 million) and ESDA report declining revenues in SIP for Q2'18 FOR THE FIRST TIME SINCE 2009

All these data are public!

 

[Arthur Hanson]

My Chinese contacts have indepth knowledge there, many speak the language or are natives, some even own factories there. The Chinese system can't even be compared to the US system and the game is not even close to fair or just. A close personal friend actually represented a firm with a plant in China in a US patent case and won. If this case had been the other way, not a chance or a slim one at best.