U.S. lawmakers urge the government to learn from China: to maintain a leading position in the global 5G field

category:Finance
 U.S. lawmakers urge the government to learn from China: to maintain a leading position in the global 5G field


According to a report on the Federal Times website on September 20, Mark Warner said that new technologies may require government intervention. We may need to find ways to develop better products, support one or more entities and urge them to cooperate.

According to the report, the potential problem is that American companies are not major players in 5G components, which enables foreign entities to lead the market.

Some analysts believe that facing the current 5G market structure, the United States has already felt pressure.

According to a previous report on the website of Japan Economic News, more and more countries adopt the communication equipment of Chinese enterprises.

It is reported that Cambodia will launch 5G service within this year, using Huaweis technology. Malaysia and Thailand also announced at the end of May that they would not boycott Huawei. In the Philippines, Indonesia and Myanmar, large local telecommunications companies signed contracts with Huawei and ZTE, showing a trend of cooperation in the 5G field.

In late August, at the Japan-ASEAN Media Cooperation Forum held in Bangkok, Asian journalists discussed mainly the 5G competition between China and the United States. Most participants in Southeast Asia asserted that the United States could not defeat China.

According to the report, there is an excessive lack of alternatives to Chinese companies.

Source: Responsible Editor of Reference Message Network: Chen Hequn_NB12679