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Technology Stocks : 5G Wireless and the Internet of Things (IoT)

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To: Eric L who wrote (24)5/30/2020 1:10:43 PM
From: Eric L   of 44
 
The 'D10' Club [expanded] ...

This repeats but expands somewhat on the AFP article in the prior post which unfortunately gets us into the Geopolitical Realm pitting countries or geographic regions against country or countries.

>> Britain pushing US to form 5G club of nations to cut out Huawei



Dmitry Zaks
AFP

May 29, 2020

news.yahoo.com

Britain said Friday it was pushing the United States to form a club of 10 nations that could develop its own 5G technology and reduce dependence on China's controversial telecoms giant Huawei.

The issue is expected to feature at a G7 summit that US President Donald Trump will host next month against the backdrop of a fierce confrontation with China that has been exacerbated by a global blame game over the spread of the novel coronavirus.

Britain has allowed the Chinese global leader in 5G technology to build up to 35 percent of the infrastructure necessary to roll out its new speedy data network.

But Prime Minister Boris Johnson was reported by The Daily Telegraph last week to have instructed officials to draw up plans to cut Huawei out of the network by 2023 as relations with China sour.

The Times newspaper said Britain is proposing a "D10" club of democratic partners that groups the G7 nations with Australia and the Asian technology leaders South Korea and India.

It said one of the options involves channelling investments into existing telecommunication companies within the 10 member states.

A Downing Street spokesman confirmed that Britain is reaching out to partners in search for an alternative to Huawei.

"We (are) seeking new entrants into the market in order to diversify and that is something we've been speaking with our allies about, including the United States," the Downing Street spokesman said.

Few options

Finland's Nokia and Sweden's Ericsson are Europe's only current alternative options for supplying 5G equipment such as antennas and relay masts.

"We need new entrants to the market," a UK government source told The Times.

"That was the reason we ended up having to go along with Huawei at the time."

Johnson's decision to include Huawei angered Washington because it believes that the private Chinese company can either spy on Western communications or simply shut down the UK network under orders from Beijing.

The United States has imposed several rounds of sanctions on Huawei that have put the future of Britain's 5G rollout in peril.

Downing Street said the UK National Cyber Security Centre was studying the implication of the US sanctions on Huawei's immediate ability to produce the equipment Britain needs.

Pressure on Johnson to cut ties with Huawei is being compounded by the new security law Beijing plans to impose on the once British-held Hong Kong.

London has infuriated Beijing by saying it would offer almost three million Hong Kong residents UK visa rights and a pathway to future citizenship if the new law goes into effect.

But Johnson's reported plan to completely remove Huawei from the UK network could prove costly at a time when his government is seeking new trade partners following Britain's exit from the EU.

It is also proving difficult to implement because private UK firms are pushing for the technology in order to stay competitive in a tight market.

Britain's BT said this month it was abandoning plans to strip out Huawei from the most sensitive part of its networks by the end of the year because the government's own deadline was set at 2023. <<

Yet another take of the same story:

>> UK plans new 5G club of 10 democracies, including India: Report

livemint.com

The British government has approached the US with the prospect of creating a 5G club of 10 democracies, including India, amid growing security concerns related to Chinese telecom giant Huawei, according to a UK media report.

A so-called “D10" club of democratic partners, including G7 countries – UK, US, Italy, Germany, France, Japan and Canada – plus Australia, South Korea and India will aim to create alternative suppliers of 5G equipment and other technologies to avoid relying on China, ‘The Times’ reported.

The move to speed up such a club comes as the UK launched an inquiry into Huawei’s involvement in the country’s mobile network upgrade in the wake of US sanctions against the company.

“We need new entrants to the market. That was the reason we ended up having to go along with Huawei at the time," the newspaper quoted a UK government source as saying.

Nokia and Ericsson are the only European suppliers of 5G infrastructure and experts say that they cannot provide 5G kit as quickly or as cheaply as Huawei.

Britain has labelled Huawei a “high-risk" vendor and therefore its involvement in the UK’s 5G upgrade comes with a 35% market cap, including a ban on its participation in the sensitive “core" of the network.

The review into Huawei, launched last week by the UK"s National Cyber Security Centre, followed the announcement of US sanctions to block the sale of American chips to the company.

UK security officials fear that the ban will prompt China to use cheaper, less secure technologies, instead of verified US versions.

Officials are, meanwhile, examining proposals to curb the installation of Huawei kit in the 5G network from 2023.

According to the newspaper, increasing the partnership of like-minded democracies forms part of the ongoing reappraisal of the Chinese firm’s involvement in the UK.

The US in recent months has increased its action against Huawei, China's first global tech brand and a maker of network equipment and smartphones, preventing it from doing business in the US, as it believes the company known for its technological advancement in 5G is being used by the Chinese leadership to serve their interest.

The Trump administration says Huawei is a security risk, which the company denies, and is trying to persuade European and other allies to shun its technology for the next-generation telecom networks.

China has accused the US of raising phony security concerns to hurt a rising competitor to American tech companies.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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- Eric L. -
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