HUAWEI AND ZTE SLOW DOWN CHINA 5G ROLLOUT AS US CURBS START TO BITE
trading-u | August 24, 2020
Huawei Technologies and ZTE, China’s two largest telecoms equipment providers, have slowed down their 5G base station installation in the country, the Nikkei Asian Review has learnt, a sign that Washington’s escalating efforts to curb Beijing’s tech ambitions are having an effect.Both Huawei and ZTE told some suppliers to slow down shipments of certain 5G base station-related products in June, so the Chinese companies could redesign products and change some equipment to remove as much US content as possible.