In recent years, many friends are very concerned about the development of the domestic technology industry, one of the most concerned industries is the chip industry, there are many domestic companies are stepping up development, but at the same time many companies have been condemned because of some incidents.
Now, ZTE's restrictions are about to be lifted, but $892 million has been spent in vain.
01 ZTE development is limited
In the past, the development of domestic chips has been in a relatively backward situation, but in recent years, the rise of some powerful enterprises has made the domestic situation begin to improve.
But in 2018, a piece of news came that it hit the domestic chip industry again.
According to the information released later, ZTE violated the relevant restriction treaties of the United States at that time, in this case, the first measure taken by the United States was to ban ZTE.
Stipulating that companies in the United States are no longer allowed to provide technology, software, parts or other goods to ZTE has greatly limited the development of ZTE, because ZTE at that time was still very poor in terms of chip autonomy.
Leaving aside whether the US restriction treaty is reasonable, ZTE has indeed violated it and made deals with some partners.
So in this case, in order to maintain the development of the business at that time, ZTE also quickly made a compromise, accepted the conviction of the United States, and handed over a fine of $892 million.
But even so, ZTE is still subject to 5 years of technical restrictions in the United States, during which time it is also subject to U.S. regulation.
In fact, we all know the purpose of the United States, but because technology does rely on the United States, ZTE does not have so much choice.
However, after the Huawei incident, ZTE has been criticized by the public, because Huawei chose to resist to the end in the face of the smear of the United States and did not choose to compromise, so many people support Huawei, and therefore condemn ZTE's approach.
But in fact, Huawei's chip autonomy is much stronger than ZTE at that time, so it has the courage to fight.
In fact, Now Huawei's life is not good, losing the support of chips, Huawei's business has also declined to a large extent, which can also be seen, at that time ZTE's compromise was more for the company to survive.
02 ZTE lifts restrictions
However, ZTE, which chose to compromise, did not have a better time in the future, in addition to the condemnation of many patriots at home, ZTE also had to face regulatory restrictions from the United States.
Now, the United States has announced that the regulatory period for ZTE has officially ended, and the US regulators within ZTE have officially withdrawn.
But even if ZTE compromised at the time and paid a fine of $892 million, in the five years since, the United States has not relaxed its supervision of ZTE, and it can be seen that ZTE's money is equivalent to waste.
Today, although ZTE has lifted the restrictions, it has not shown better expectations from investors in the stock market.
ZTE, which suffered losses in the hands of the United States, played the slogan of "painful thinking" after paying the fine.
In recent years, many friends have also seen the changes in ZTE, first of all, in the promotion of some enterprises or products, in recent years, basically can not hear the news of ZTE.
After the events of 2018, ZTE has continued to increase investment in research and development, according to public data, in 2019, ZTE's R & D revenue increased by 15.06% over the previous year, a total of 12.548 billion yuan, accounting for 13.83% of the year's revenue.
This proportion is already at a high level in China, and by 2021, this proportion will directly increase to 16.42%, which is still growing.
From this set of data, it can also be revealed that ZTE's determination to "think about pain".
The emphasis on research and development has also made ZTE a lot of achievements in recent years, in chip research and development, ZTE has achieved the research and development of 7nm base station chips, has been in the forefront of domestic enterprises.
In addition, ZTE also set itself the goal of entering the world's top 500 companies in 2-3 years, which can be seen that although ZTE did not meet the expectations of most people at that time, it also completed a lot of transformation after that.
What do you think of ZTE as a company?