原创 Hurray for Huawei

Add Mindspeed to the list of people happy
about that. The company announced today it was adding an extra million to
the upside of its latest quarterly forecast thanks to orders from the People's
Republic tied to the wireless upgrade and to one of the companies leading the
build out— Huawei Technologies Co., Ltd.

Years ago, Huawei came to prominence when Cisco through a spotlight on the
similarities between its router software and Cisco's crown jewel IOS. Now
China's cellular ramp may give the expanding
Huawei all the cred it might ever want in the service provider market. Chip
providers, no doubt, are lining up at the doors in Shenzhen of the rising comms
OEM and its neighbor ZTE, while Cisco peers jealously across the Pacific.

Throw into this stew the focus VCs have been putting on China and the
country's vast holdings of U.S. bonds and this recession might turn into a
pretty good thing for Beijing.