We're on the ground in Barcelona at the world's biggest mobile tech show, otherwise known as Mobile World Congress.
If you've been following the headlines, it should serve as no surprise that one company really stands out this year: Chinese tech giant Huawei.
Walking out of the Barcelona airport, there's a Huawei hospitality stand. The company's branding dots the city. Even the lanyards conference attendees wear around their necks are decorated with the Huawei name.
There's a good reason everyone is focused on Huawei.
The company is a crucial part of China's efforts to advance 5G wireless networks, and today it's caught in a life-or-death battle with the US government, which claims that Huawei poses a potential national security threat.
Huawei strongly denies the claims and is trying hard to persuade the world to use its 5G technology and not cave to pressure from Washington.
Its chairman, Guo Ping, addressed the controversy on Sunday, ahead of the formal start of MWC.
"This is not something that should be decided by politics," he said.
Guo added that he's hoping that "independent sovereign states" will make "independent decisions based on their own understanding of the situation, and will not just listen to someone else's order."
from CNN.com - RSS Channel https://ift.tt/2TieVt5Bagikan Berita Ini
0 Response to "What's moving markets today"
Post a Comment