TECHNOLOGY: European carriers back Huawei as Geopolitical threat exponentially disastrous to the Tech sector

TECHNOLOGY: European carriers back Huawei as Geopolitical threat exponentially disastrous to the Tech sector
By PR Channel Team  - Consultant Editor, GEOPoliticalMatters.com
European News & Media Centre Málaga

Following on from our article Building a sustainable global supply chain [24th June 2020] China based Technology media network 36Kr in a press release originally distributed by PR Newswire, says that the escalating Geopolitical tension between China and the US is threatening the security of the global supply chain.

The Trump administration announced a new rule on May 15, banning any foreign chipmakers from shipping chips with US software or technology to Huawei without a license granted by the US Department of Commerce. This move may cut ties between Huawei and its chip suppliers, who provide the chips it uses for cellular base stations, servers, and smartphones.

36Kr believes that the new rule will disrupt the entire semiconductor industry and may bring down the global supply chain. This would cause economic loss, and even slow down technological advancements. Read Full Release Here