Effects of trade war on 5G
With all the latest news about the trade war, some obvious issues that could affect the market and all of us who are still in the market are not being noticed. For example, take those two facts widely reported in the news , but made no splash: US has fallen hopelessly behind China in development of viable 5G technology because of inability to resolve legacy bandwidth use. Losing 5G edge is not acceptable as it will be the base of the next generation of internet consumer products such as IoT, driverless cars and everything else. Get ready for this issue to become central for tech stocks. US Department of Defense issued a paper of 5G on 3 April . In a nutshell, US and China have two competing standards (mmWave for US, sub-6 for China). The conclusion of the DoD is that US system is not viable, and US will have to start from scratch. The conclusion is unambiguous: “ The Defense Innovation Board bases its recommendations on the assumption that mmWave fund...