The geopolitical technology saga is complicating business for the industry
of pre-internet capitalism the troubles of one dominant company in an industry tended to be good news for its rivals. In today’s hyperconnected world a threatened ban by Western governments of Huawei, the Chinese market leader in telecoms gear, is also a worry for its competitors.
tenders. It worries that Huawei’s kit may contain “back doors”—deliberate security flaws inserted to allow Chinese spooks eavesdrop on, or attack, phone networks. Earlier this month, in a letter to Germany’s economics minister, America’s envoy to Berlin, Richard Grenell, threatened to cut back American co-operation with German security agencies if the country allowed Huawei or other Chinese firms to participate in the roll-out of 5.
That would be a blow to the Nordic duo. China accounted for 10% of Ericsson’s 211bn krona in global sales last year. The company runs two research and development sites in China. Nokia derives a similar share of revenues from the Chinese mainland, Hong Kong and Taiwan.
Though it is possible to ban Huawei completely from Europe, its biggest market outside of China, industry insiders warn that it would be hugely complex and costly. It would be especially disruptive in countries where Huawei is deeply embedded, such as Italy, Poland and Britain, says Stéphane Téral ofMarkit, a research firm. With only a hint of hyperbole Bengt Nordstrom of Northstream, a consultancy, likens the resulting shock to the collapse of Lehman Brothers in 2008.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Huawei Helps LG Uplus Build A Gbps 5G Commercial NetworkAt the 2019 Mobile World Congress, South Korean carrier LG Uplus and Huawei jointly announced the establishment of the Gbps 5G commercial network. LG Uplus and Huawei also cooperate to demonstrate the ultra-HD video and VR services based on 5G networks and enable new 5G commercial applications.
Consulte Mais informação »
Huawei Unveils New Digital Inclusion Drive At Mobile World Congress'Tech4ALL will benefit 500 million more people over the next five years”, says Huawei’s Ken Hu
Consulte Mais informação »
AT&T CEO says China's Huawei hinders carriers from shifting suppliers for 5GAT&T Inc Chief Executive Randall Stephenson said Wednesday that China’s Huawei T...
Consulte Mais informação »
Huawei leads Asian domination of U.N. patent applications in 2018Chinese telecoms giant Huawei led the pack with Asia accounting for more than ha...
Consulte Mais informação »
Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored - sourcesThe European Commission will next week urge EU countries to share more data to t...
Consulte Mais informação »
Major U.S. research universities are cutting ties with Chinese telecom giant HuaweiFaced with losing their federal funding, American universities are responding to U.S. security warnings about the Chinese telecom firm Huawei by beginning to cut ties with the company.
Consulte Mais informação »
EU to drop threat of Huawei ban despite US pressureThe European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore U.S. calls to ban Huawei Technologies, four people familiar with the matter said on Friday.
Consulte Mais informação »
Analysis | The Cybersecurity 202: Huawei is suing the U.S. to win -- in the court of public opinionThe Chinese telecom's true audience may be other countries considering 5G bans.
Consulte Mais informação »
Did The U.S. Just Lose Its War With Huawei?Huawei has turned the tide in its long-ranging battle with Washington. The battleground has always been Europe, and the news that Germany will not ban their 5G technology and will push for a coordinated EU response is the biggest blow yet to Washington.
Consulte Mais informação »