As U.S. and China clash over 5G, this Swedish company could be the big winner

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

'Ericsson has carefully put itself into an advantageous position across vastly different political environments,' one technology industry analyst told Newsweek.

"But globally, all the non-Chinese alternatives toare almost certainly set to benefit," he stressed."The clash between the U.S. and China, plus the delivery of 5G takingfrom critical infrastructure to potentially critical to every industry, has prompted huge discussion and reassessment of where we are.

"While the U.S. administration is the most vocal, their allies elsewhere are also doing much the same, which is an opportunity for"Huawei are technically ahead because they have had massive investment and also not inconsiderable successes globally due to their market position and pricing. "However... if companies like Ericsson, Oracle, Nokia, or other new players see there is a market, then the gap can be quickly closed. Although, it may take financial stimulus from the government to get deployments running at the speed that is necessary."in February that it has been awarded 91 commercial 5G contracts and has shipped out more than 600,000 5G Active Antenna Units .

The firm claims to be"12 to 18 months ahead of the competition" and says it holds 20 pervent of all 5G patents—more than any other network vendor in the world., but stressed that its tech would face independent security reviews. A person poses holding a mobile telephone the camera showing a sign advertising 5G mobile telecommunication in a shop in London on January 28, 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines