US Right to Keep Close Watch on Huawei, AEI's Barfield Says
The threat from Huawei is real and the Chinese company holds a commanding position “in the competition for baseline 5G equipment,” American Enterprise Institute's Claude Barfield blogged Monday. Last year, Huawei’s revenue topped $120 billion, “more than double that of…
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Ericsson and Nokia combined,” he said. For years, Huawei has invested 20% percent of revenue in R&D, Barfield said: “After being exposed for a major theft of intellectual property from Cisco in 2003, the company built a large patent portfolio." Chinese companies are "working to bend the international 5G standards process to their interests,” he wrote: The emergence of open radio access networks won’t erase the importance of equipment makers. Huawei didn't comment.