China & the Global Smartphone Economy

The smartphone in your hand is assembled from a universe of rare elements, sophisticated circuits and software—mostly in China. But it's not who puts it together, it's who makes the smartphone "smart" that will drive the future of the global economy. Find out why that matters to all of us.


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November 6, 2019

Merrill Perspectives

Your smartphone is assembled from hundreds of sophisticated parts, many of which are made in China. But the key elements—the parts that actually make your smartphone "smart"—come from just a few factories in the world,  none of which are in China.

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China and the Global Smartphone Economy

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On this episode, our hosts Candace Browning, Brett Hodess, Chris Hyzy and Helen Qiao unpack the complex technology needed to make a smartphone, including the semiconductors and software—made in large part by American companies—that power it.  Through this lens, they explore the larger race for technological leadership between the U.S. and China, including issues around intellectual property and national security.  They also look at the effect of this high-tech competition on economic growth in both countries, the potential drawbacks, and how it could ultimately benefit everything from manufacturing and 3-D printing, to defense and the health care sector—creating potential investment opportunities in its wake.

Candace Browning Headshot

Host:
Candace Browning

Head of
BofA Merrill Lynch
Global Research

Chris Hyzy Headshot

Host:
Christopher M. Hyzy

Chief Investment Officer
Merrill and Bank of America
Private Bank

Helen Qiao Headshot

Host:
Helen Qiao

Chief Economist for
Greater China
BofA Merrill Lynch Global Research

Brett Hodess Headshot

Host:
Brett Hodess

Head of
Americas Equity Research
BofA Merrill Lynch Global Research

Read full bio

Read full bio

Read full bio

Read full bio

Candace Browning Headshot

Host:
Candace Browning

Head of
BofA Merrill Lynch
Global Research

Read full bio


 

Chris Hyzy Headshot

Host:
Christopher M. Hyzy

Chief Investment Officer
Merrill and Bank of America
Private Bank

Read full bio


 

Helen Qiao Headshot

Host:
Helen Qiao

Chief Economist for
Greater China
BofA Merrill Lynch Global Research

Read full bio


 

Brett Hodess Headshot

Host:
Brett Hodess

Head of
Americas Equity Research
BofA Merrill Lynch Global Research

Read full bio