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When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

author:Toutou is Dao Technology

With the rapid development of the information age, the importance of 5G technology has become increasingly prominent, and countries around the world are vying for the dominance of the 5G market. According to German media reports, Portugal officially announced on May 28 that it would ban Huawei from 5G network construction in the country.

As soon as this news came out, the national global science and technology circle exploded, which is not good news for Chinese companies, Huawei and other Chinese companies will face the risk of nearly 100 billion investment.

When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

As we all know, Huawei is the world's largest telecommunications equipment manufacturer, with a large number of 5G equipment partners around the world, and is also one of the world's leading developers of 5G technology. However, Huawei has faced strong pressure from Laomei in the past three years, and there are security risks in being "smeared", resulting in serious impacts on the company's international business.

When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

Portugal's announcement to block Huawei's 5G business is undoubtedly a heavy blow to Huawei. According to industry analysts, Huawei's investment in Portugal is as high as 100 billion, and the country is one of Huawei's important strategic partners in the European market. The ban means that Huawei will lose opportunities in the Portuguese 5G market, which will have a big impact on the company's business expansion and profits.

When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

In addition, Portugal's move has also aroused widespread concern in the international community, and some countries and regions are worried that this move will once again trigger a global trade and technology war. You know, Huawei is the global leader in 5G communication technology, its importance can not be replaced, once Huawei 5G encounters unstable factors, then it may cause chaos in the global telecommunications industry chain.

When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

So the question is, how should Huawei respond to Portugal's 5G blockade? In fact, the answer is simple. Huawei has established several research centers and production bases around the world, with a complete industrial chain and technical reserves, so it can mitigate the impact of the shrinking Portuguese market by strengthening cooperation in other markets.

Although Huawei has maintained a leading position in R&D and technology, Huawei cannot relax its vigilance, and only by continuously launching innovative products and technologies and continuously improving its core competitiveness can it better cope with this crisis.

When I wake up, Portugal blocks Huawei 5G, and China's nearly 100 billion investment may be at risk

In conclusion, this decision by Portugal is a challenge for Huawei, but Huawei has shown that it will continue to work on the innovation and development of 5G technology. This is also a challenge faced by Chinese enterprises in the international market, so we need to continue to work hard and innovate to gain greater competitive advantages on a global scale. What do you think about that? Welcome to leave a message, like and share.

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