Tags: internet | telecommunications | wireless

US Must Permanently Block a Hostile Takeover of Qualcomm

US Must Permanently Block a Hostile Takeover of Qualcomm
(Kobby Dagan/Dreamstime)

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Tuesday, 06 March 2018 03:58 PM Current | Bio | Archive

It’s not often that I get to share some good news, but this is one such occasion. Yesterday, we warned that the board of Qualcomm, an American company specializing in state-of-the-art telecommunications innovations was going to be forced today to turn over its intellectual property and patents to a foreign firm with ties to Communist China.

While the Chinese and their surrogates have long plundered Silicon Valley, Qualcomm is the American pioneer in 5G wireless technology for the so-called Internet of Things. It would be national security folly, to say nothing of a U.S. privacy and economic nightmare, to render us dependent for these on a hostile power.

Fortunately, the Committee on Foreign Investment in the U.S. at the last minute blocked for one month a potential hostile takeover of Qualcomm. Now, we must make sure that impediment is permanent.

Frank Gaffney, Jr. is president of the Center for Security Policy (CSP), a columnist for The Washington Times, and host of the nationally syndicated program, Secure Freedom Radio. Read more reports from Frank Gaffney, Jr. — Click Here Now.

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While the Chinese and their surrogates have long plundered Silicon Valley, Qualcomm is the American pioneer in 5G wireless technology for the so-called Internet of Things. It would be national security folly to render us dependent for these on a hostile power.
internet, telecommunications, wireless
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2018-58-06
Tuesday, 06 March 2018 03:58 PM
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