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How the US buying Ericsson or Nokia would impact networking - Business Insider

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US Attorney General William Barr laid out two potential courses of action that the US could take to blunt Huawei's dominance in the global networking equipment market

US President Donald Trump's reaction to the decision was characterized as "apoplectic" by The , and subsequently US Attorney General William Barr spoke at a conference about steps the US is considering encouraging or taking to counter Huawei's prominence.

The overall goal of the options Barr outlined is to ensure that 5G networks remain secure and the US maintains global technological leadership. Despite Barr's characterization of China as fully behind Huawei, Ericsson and Nokia have assumed a significant role in Chinese 5G rollout. China Mobile, for example, half of $2 billion in networking contracts to Huawei, about a third to Ericsson, and 10% to Nokia.

 

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