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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 178.29-1.6%Dec 12 9:30 AM EST

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From: Bill Wolf6/7/2018 7:21:21 AM
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Jello

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Does It Matter If China Beats the US to Build a 5G Network?
Author: Klint FinleyKlint Finley

Technical standards for the next generation of wireless services aren’t even finalized, yet the US and China are already locked in a crucial race to be the first country to deploy a so-called 5G network.

Or at least that's what both the US government and the wireless industry say. "The United States will not get a second chance to win the global 5G race," Meredith Attwell Baker, president and CEO of the wireless industry group CTIA, warned in April, when the group released a report concluding that the US trails China and South Korea in preparing for 5G (fifth generation) networks. If that doesn’t change, the report warns, the US economy will suffer.

The report echoed a leaked National Security Council document that suggested the US government consider building a 5G network. If China dominates the telecommunications network industry, the document said, it "will win politically, economically, and militarily."

wired.com
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