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Breakingviews – China’s Huawei holds a 5G trump card

Summary:
Huawei is not so easy for Western countries to rip out. The Chinese telecommunications-equipment giant founded by Ren Zhengfei owns a huge trove of next-generation wireless patents. As a global standard for 5G emerges, Huawei technology may become essential to carriers. IP theft.  Already this year, the Chinese company has sued Verizon in the United States for patent infringement, and is seeking more than billion, Reuters reports. There’s a risk that Huawei’s technological advantage could be turned into political leverage by Beijing.ReutersBreakingviews - China's Huawei holds a 5G trump card

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 Huawei is not so easy for Western countries to rip out. The Chinese telecommunications-equipment giant founded by Ren Zhengfei owns a huge trove of next-generation wireless patents. As a global standard for 5G emerges, Huawei technology may become essential to carriers.

IP theft

Already this year, the Chinese company has sued Verizon in the United States for patent infringement, and is seeking more than $1 billion, Reuters reports. There’s a risk that Huawei’s technological advantage could be turned into political leverage by Beijing.

Reuters

Breakingviews - China's Huawei holds a 5G trump card

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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