Senators Propose $1B to Outpace Huawei in 5G. That's Small Change
Jan 20, 20200
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Episode description
A bipartisan group of senators Tuesday introduced a bill designed to give Chinese telecom giant Huawei more competition in the market for 5G equipment by pumping more than $1 billion into 5G-related research and development. While the funds could be a boon for smaller companies, it’s paltry compared with what the telecommunications and wireless industries already spend on R&D.
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