Samsung Electronics has clinched a $6.6-billion deal with Verizon to help it build 5G networks in the U.S., highlighting how the technology group can benefit from the Trump administration’s targeting of China’s Huawei.
The deal comes as the U.S. increases sanctions on Huawei. Washington last month banned sales of any chips using U.S. technology to the Chinese company, hitting Huawei’s 5G equipment and handset businesses. Huawei has struggled to roll out its 5G networks globally as Washington has pressed other countries to follow its lead in freezing out the Chinese company. Under growing U.S. pressure, countries including the U.K. and India are phasing out Huawei equipment from their 5G infrastructure.
Source: Tech Daily Report (techdailyreport.net)
Trumps fault
I hope they do a better job on 5G than they do on ice makers in refrigerators
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Time to trade in my Samsung for an apple iphone
The profit of a few at the expense of many.
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