China is said to be considering retaliating against Nokia and Ericsson if the European Union follows the US and Britain in banning Huawei Technologies from 5G networks, according to a report.
Finland’s Nokia on Tuesday became the first major telecoms equipment maker to commit to adding open interfaces in its products that will allow operators to build networks that are not tied to a vendor.
Nokia is exploring strategic options as fierce competition puts pressure on the Finnish network equipment maker’s earnings, people familiar with the matter said.
The White House plans to hold a conference with Huawei’s rivals to try to accelerate development of affordable competing 5G wireless technology, President Donald Trump’s top economic adviser said.
Chinese gadget manufacturer TCL Communication has become the latest company to scale back its presence at upcoming tech show Mobile World Congress over concerns about coronavirus.