Thursday, May 16, 2019

5G And The Trade War



5G is technology. What has that got to do with the trade war?

Trump’s Huawei Threat Is the Nuclear Option to Halt China’s Rise The Trump administration is pulling out the big guns in its push to slow China’s rise, with potentially devastating consequences for the rest of the world......... The White House on Wednesday initiated a two-pronged assault on China: barring companies deemed a national security threat from selling to the U.S., and threatening to blacklist Huawei Technologies Co. from buying essential components. If it follows through, the move could cripple China’s largest technology company, depress the business of American chip giants from Qualcomm Inc. to Micron Technology Inc., and potentially disrupt the rollout of critical 5G wireless networks around the world.

US move against Huawei could slow the global rollout of 5G American firms accounted for more than a third of Huawei's major suppliers at the end of last year..... "This could set back Huawei's supply chain in the US and potentially delay 5G in China," Edison Lee and Timothy Chau, analysts with brokerage firm Jefferies, said in a note Thursday, calling the scenario a "nightmare" for China's adoption of the new technology..... Beyond China, Huawei has signed dozens of commercial 5G contracts around the world, including 25 in Europe and 10 in the Middle East. It could be harder to fulfill those contracts if Huawei can't buy parts from US suppliers...... Huawei is better positioned to work around a ban on US components. ...... Huawei was already steeling itself for disruption to its supply chain, saying in March that it had diversified suppliers and stockpiled key parts to ensure the continuity of its business...... "The ban will slow down 5G adoption and eventually will be harmful to [telecom] carriers and consumers around the world."....... "Restricting Huawei from doing business in the US will not make the US more secure or stronger; instead, this will only serve to limit the US to inferior yet more expensive alternatives, leaving the US lagging behind in 5G deployment," Huawei said in a statement Thursday.

AT&T CFO says 5G ‘national coverage’ by mid-2020 the operator is working toward “national coverage of 5G” by the “middle of the next year.”

UK will make its own decision on 5G and Huawei, culture secretary says
The first 5G phone launches today for $1,300

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