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The new cold war - it's about tech.

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stui magpie Gemini

Prepare for the worst, hope for the best.


Joined: 03 May 2005
Location: In flagrante delicto

PostPosted: Sun Dec 09, 2018 4:56 pm
Post subject: The new cold war - it's about tech.Reply with quote

https://edition.cnn.com/2018/12/08/tech/huawei-cfo-tech-cold-war/index.html

Quote:
Huawei is a state champion that plays a crucial role in China's rollout of 5G.
The company has spent heavily on research and development and on marketing its 5G devices. Paul Triolo, the head of global tech policy at risk consultancy Eurasia Group, said it's the only company in the world right now that can produce all the elements of a 5G network, such as base stations, data centers, antennas and handsets, and put them together "at scale and cost."
"Xi Jinping says that he wants China to dominate the 5G market globally," Lewis told CNN Business. "A lot of people see it as the next wave of technology [and think] it will be like the internet or smartphones."
The Huawei risk
But for Huawei to succeed at building out 5G networks, it needs the United States.
Out of the Huawei's 92 main suppliers, 33 are US companies, including chipmakers Intel, Qualcomm, and Micron, and software firms Microsoft and Oracle, Tom Holland of Gavekal Research said in a note Friday.
"If Washington now prohibits these companies from selling to Huawei, the Chinese telecoms giant will struggle to survive," Holland said.
The Meng case, then, has major ramifications. The US government claims that Meng covered up violations of sanctions on Iran, according to Canadian prosecutors, who spoke at Meng's bail hearing in Vancouver on Friday.


Interesting scenario.

China certainly has an agenda, from their tech to "gifting" money to Sth pacific nations. Huawei has been in grief before closer to home.

Quote:
Huawei has already run into problems in the deployment of its 5G technology amid concerns that its devices pose national security risks. New Zealand and Australia have barred Huawei equipment from its 5G mobile networks.


Start learning Cantonese or mandarin while you eat your popcorn.

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