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thedeadparrot

03/17/14 12:20 PM

#51569 RE: robbindabank #51554

You got that right. ZTE is no fluff company. The engineers are top line.

"ZTE is the Chinese Google. They are like the pocked-marked bouncer in the back alley poker game to the Wynn. Both exist to defraud. One just looks nicer."

Chinese do not have to visit the US for higher education anymore.

Chinese are engineering new hybrid children. Yes. They are decades ahead of where the Nazis were.

These folks learned our tech at Places like Purdue University, right here in the USA heartland. They will do to Tech and bioengineering humans what Monsanto did to food.

Get ready for the next evolution.

BUT, in the meantime, GO VRNG!


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postyle

03/17/14 12:49 PM

#51570 RE: robbindabank #51554

Baidu is considered the Chinese version of Google.

ZTE has a market cap of approx $7 billion (USD). They are a telecom company.

Baidu (BIDU) has a market cap of over $57 billion (USD) and has a similar business model as Google. Baidu has been referred to as the "Chinese Google" for many years now.

ZTE is closer to an ALU or a NOK in terms of comparison. ZTE's core products and services all relate to telecommunications and it is an OEM. Google makes the lion's share of its money from advertising. Not really a close comparison to ZTE at all.