That took long enough! Glad we're finally looking out for national security interests, even if it was partially incentivized by economic protectionist ideas - it's naive to think China hasn't done the same to other foreign tech companies.
Actually funny enough they were siding China too on this in Europe because a ban of Chinese tech in Europe could've resulted in a ban of European tech in China.
and for anyone that doesn't live under a rock, they know pretty well that china is far a bigger market than Europe
From [0]:
> Swedish telecommunication equipment maker Ericsson plans to restructure its operations in China, its second-largest market, after its sales in the country plunged for a second consecutive quarter in the wake of its home government's move to exclude Huawei Technologies and ZTE from 5G mobile networks.
> Ericsson recorded a 74% drop in revenues from China, to 1.3 billion Swedish krona ($150.3 million), in the July-September quarter compared with a year earlier. This followed a 63% drop, to 1.5 billion krona, in China revenues in the second quarter when the company wrote off 300 million krona worth of Chinese inventories.
0. https://asia.nikkei.com/Business/Telecommunication/Ericsson-...
I don’t know what US people really feel about all these Chinese companies, but I for once don’t trust their software/hardware. This doesn’t mean that equipment from Ericsson or Nokia Siemens don’t have “backdoors”, but at least they’re clearly communicated with other governments. That’s the good thing if your company is neutral and sells to everyone. Chinese want to sell to everyone but they want the “backdoors” only for themselves ;-)