https://issuesinsights.com/2019/06/24/5g-were-
Economic numbers can be confusing — and scary. Tax reform charged the economy up. Trade wars have added uncertainty. Unemployment is at historic lows. Oil is possibly set for a price spike.
At times like this — when optimism, pessimism, and uncertainty all coexist, it would be beneficial if the government would speak with one voice. Unfortunately, it currently seems that one hand of our government doesn’t appear to be in sync with the other. And that is causing more — and more importantly unneeded — uncertainty.
An example of this unneeded uncertainty is the government’s role in the global battle for 5G dominance.
Many elements of the Trump administration have taken strong action to support U.S. 5G leadership and to stop Huawei — seen by most as an arm of the Chinese government — from gaining control of 5G. At the same time, part of the government continues a lawsuit begun by the Obama FTC to hobble the one company that can help us maintain that leadership — even turning to Huawei to help its case.
The leader in the U.S. in 5G technology is Qualcomm. Qualcomm developed the foundational technology that enables 5G and everyone else is building upon that. Huawei in China is still behind, but they are working hard to stay close. And this lead over the rest of the world gives both Qualcomm and the U.S. an economic advantage that other countries are understandably jealous about.
President Trump made sweeping policy decisions in an attempt to defend the U.S. leadership advantage in 5G, and also protect Qualcomm. He has also made the Chinese theft of U.S. intellectual property a primary talking point of his administration’s trade talks.