US Attorney General William Barr says the US and its allies should consider investing in Nokia and Ericsson to counter Huawei
WASHINGTON (Reuters) - U.S. Attorney General William Barr on Thursday stressed the threat posed by Huawei Technologies and said the United States and its allies …
Reuters
Related Coverage
- New US proposal to combat Huawei's dominance: Invest in the competition. Android Authority · Phillip Prado
- Barr urges US to buy stakes in Ericsson and Nokia to compete with Huawei Financial Times
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- Ericsson should court US takeover, says big investor Financial Times · Richard Milne
- Attorney General Barr: The US, Allies Should Take Nokia or Ericsson Stake for 5G Light Reading · Mike Dano
- Nokia, Ericsson Shares Rise After U.S. Floats Investment Idea to Counter Huawei Wall Street Journal · Dominic Chopping
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- The US government wants to buy a stake in Huawei's 5G rivals Android Central · Michael Allison
- US attorney general says tech and telecom industries should invest in Huawei competitors The Verge · Nick Statt
Discussion
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@mattsteinglass
@mattsteinglass
on x
Since it comes from a right-wing American government, I think this may be the most striking signpost I've seen of the end of free-market conservative neoliberalism and its replacement by dirigiste national conservativism. https://www.ft.com/...
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@read_n_learn
Scott Ruesterholz
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5G is a critical economic, security, and technological battleground, and America must lead the way, rather than risk dependence on Chinese firms with deep military ties. We need to fully marshall our deep technological and financial resources to stay in the lead https://twitter.c…
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@matthewstoller
Matt Stoller
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Even this won't solve the problem, Nokia and Ericsson do a lot of production in China. The West has lost its productive capacity. https://twitter.com/...
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@geoffreygertz
Geoffrey Gertz
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I'm sorry but this is crazy. The USG is going to start taking controlling stakes in foreign multinationals for the express purpose of geopolitical competition?? https://www.ft.com/...
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@sgurman
Sadie Gurman
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The suggestion from Barr, a former top lawyer at cellphone carrier @verizon, represents one of the Trump administration's most aggressive proposals yet for pushing back against Shenzhen-based @Huawei. w/ the great @DrewFitzGerald https://www.wsj.com/...
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@paulvieira
Paul Vieira
on x
US attorney-general Barr suggested the US buy controlling stakes in Ericsson and Nokia to help build a stronger international competitor to Huawei, the Chinese telecoms equipment maker viewed by Washington as a national security threat. https://amp.ft.com/...
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@campuscodi
Catalin Cimpanu
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@Techmeme By next week, the DOJ will be giving out stock tips and organizing crypto-bro meet-ups to discuss the next big ICOs
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@g_ratnam
Gopal Ratnam
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Just like that...we like socialist, central planning. https://twitter.com/...
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@reckless
Nilay Patel
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Nothing says “small government conservatism” like “the United States should buy Nokia” https://www.wsj.com/...