EU countries to announce 5G guidelines on Wednesday, impact likely on Huawei

The European Commission will on Wednesday announce guidelines allowing EU countries to restrict or exclude high-risk 5G vendors from core parts of their networks, a move likely to hurt China’s Huawei Technologies but which may not appease the United States. The non-binding recommendations, agreed by the bloc’s 28 countries, seek to tackle cybersecurity risks at national and EU level, with concerns mainly focused on Huawei, although the guidelines do not identify any particular country or company. EU digital chief Margrethe Vestager and EU industry chief Thierry Breton will present the guidelines at a press conference later on Wednesday. …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.