Thursday, April 1, 2021

WORLDRETHINK: Twitter tour on April 1st - Chinese Huawei feels the American blockage in the communications market

 #WR: Chinese Huawei starts to feel the American blockage! @WSJ  wrote that Ericsson AB surpasses Huawei in selling cellular equipment in much of the world. This is a serious obstacle for the Chinese ambition to dominate the #5G worldwide market. #Huawei #Ericsson #communications

The Wall Street Journal added: "Few companies have gained more from the U.S.-led campaign against China’s Huawei Technologies Co. than Ericsson AB. The Swedish business, in a tailspin a few years ago, now surpasses Huawei in selling cellular equipment in much of the world. Yet over the past few months, Ericsson Chief Executive Börje Ekholm has gone on a lobbying campaign—on Huawei’s behalf.


SOURCES: The Wall Street Journal, my own tech think tank


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