U.S. Companies Countering Huawei’s 5G Networking Gear Might Benefit From $60 Billion Fund

U.S. Companies Countering Huawei’s 5G Networking Gear Might Benefit From $60 Billion Fund

4 years ago
Anonymous $4bURcB5AtU

https://wccftech.com/us-companoes-huawei-5g-60-billion/

A 5G Massive MIMO millimeter wave antenna. Such antennas are at the center of US efforts to ensure 5G network security.

One reason that Huawei's 5G networking equipment is making inroads globally is the fact that iit enjoys credit lines from state-owned Chinese banks. Huawei's gear is similar to Nokia and Ericsson's in features and the credit lines make it an easy buy. Now, as it looks to stem the flow of the Chinese company's 5G gear, the United States International Development Finance Corporation will utilize its $60 billion fund to counter Huawei globally. Take a look below for more details.

U.S. Companies Countering Huawei’s 5G Networking Gear Might Benefit From $60 Billion Fund

Dec 4, 2019, 10:17pm UTC
https://wccftech.com/us-companoes-huawei-5g-60-billion/ > A 5G Massive MIMO millimeter wave antenna. Such antennas are at the center of US efforts to ensure 5G network security. > One reason that Huawei's 5G networking equipment is making inroads globally is the fact that iit enjoys credit lines from state-owned Chinese banks. Huawei's gear is similar to Nokia and Ericsson's in features and the credit lines make it an easy buy. Now, as it looks to stem the flow of the Chinese company's 5G gear, the United States International Development Finance Corporation will utilize its $60 billion fund to counter Huawei globally. Take a look below for more details.