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Comment by jiehong | Hacker News Reader

Which company will design and make 6G telco hardware in Germany?

I guess it will be 3/4/5G for a while, until they can someday cover the country just barely, and then 6G a decade and half later than everyone else (or is it by giving up sovereignty by buying US stuff instead?)

Sorry for being hopeless, but Germany has been very good at proving its inability to fix telco issues (or its train issues…).

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Both Nokia (Finland) and Ericsson (Sweden) are great european alternatives. There is no need to reinvent the wheel in every EU country.

Both Nokia and Ericsson have substantial Blackrock and Vanguard investment.

Completely irrelevant. What matters it that the company itself is in a place where the EU/Germany can have oversight and control over it.

Blackrock and Vanguard own surprisingly large portions of Rheinmetall, Siemens, Airbus, SAP and other German government/defense/security contractors. If avoiding their investments is the goal, there’s a lot of work to do.

blackrock and vanguard do index funds, yeah? They have substantial investments in everything on the market that's doing well enough to get on indexes. I don't see how you can avoid that?

Of course, that's the whole plan. The thing about index funds people don't see is they're giving away the voting rights to institutions controlled by who knows...

Both Nokia and Ericson are owned over 10% by Blackrock+Vanguard

This is retaliation for China recently phasing out European gears, which should be expected after Europe already banned Chinese gears in effect.

China for years has been allocating a share of the market to European gears, considering their domestic offerings are much cheaper, this was basically a reciprocal gesture, but it's not needed now for neither side.

Germany has been reluctant to completely remove its Huawei gears, but now that German cars are losing ground in China, they probably felt it's time to make the move.

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