China Threatens Retaliation Against Ericsson if Sweden Doesn’t Drop Huawei 5G Ban

[fallstuff]

China Threatens Retaliation Against Ericsson if Sweden Doesn’t Drop Huawei 5G Ban



Beijing is giving Sweden one last chance to reverse its ban on telecommunications-equipment giant Huawei Technologies Co., a Chinese state media outlet said, before it could retaliate against rival Ericsson AB.

Ericsson’s participation in the next round of China’s massive 5G build-out is linked to whether Stockholm changes its stance on Huawei, according to the Global Times, a Chinese Communist Party publication.

Swedish regulators banned wireless carriers from using the Chinese company’s 5G equipment in October, citing national-security concerns. Huawei is challenging the decision in Swedish courts, with a ruling expected in the coming weeks.

A spokesman for Stockholm-based Ericsson declined to comment. A spokesman for Sweden’s foreign-trade ministry didn’t respond to requests for comment. Ericsson shares were down nearly 4% Tuesday, trading slightly lower than its peers amid a broadly lower tech market.

The warning in the Chinese media is the latest example of Beijing using the heft of its domestic market to protect its business and foreign-policy interests. China last year restricted imports of Australian wine, beef and other goods after Australia enacted its own Huawei ban and called for an investigation of Beijing’s handling of the coronavirus pandemic.

China Threatens Retaliation Against Ericsson if Sweden Doesn’t Drop Huawei 5G Ban

Beijing is giving Sweden one last chance to reverse its ban on telecommunications-equipment giant Huawei before it could retaliate against rival Ericsson.

www.wsj.com

 

[Yongpeng Sun-Tastaufen]

I guess China ban Ericsson from China market.

 

[Reashot Xigwin]

I guess China ban Ericsson from China market.

Not even china friendly singapore used huawei for their 5G network

 

[redtom]

Don't be too surprised.My bold prediction is that China will veto those companies' patents in the future.

The purpose of patents is to promote the development of science and technology by protecting the commercial interests of the inventors. And when a technology is not allowed to cooperate with China, it has no commercial value in China to be protected.

 

[Beidou2020]

Ericsson should be banned from China. So should H&M.

Hopefully a full ban is coming up on Ericsson.

 

[antonius123]

Sweden will loose more than gain over the banning Huawei, because China's market is much much bigger than Sweden's

 

[Pangu]

Dun understand why it take so long, just ban swedish companies now. An eye for an eye, the only language they understand.

 

[GiantPanda]

Dun understand why it take so long, just ban swedish companies now. An eye for an eye, the only language they understand.

Ericsson had been a good corporation citizen in China. They employ over 13000 and use a lot of Chinese made parts. So they are given a chance. But their country is shit and they'll be sacrificed.

 

[kankan326]

Sweden will loose more than gain over the banning Huawei, because China's market is much much bigger than Sweden's

Not just Sweden. China's market in 5G is bigger than the rest world market combined.

 

[JackTheRipper]

Not even china friendly singapore used huawei for their 5G network

Singapore is US puppet state like Taiwan, Japan, South Korea.

 

[Beast]

Not even china friendly singapore used huawei for their 5G network

They are pressure by US. You think Singapore wouldn't want cheap and better 5G?

US is still the largest market for Singapore export. Singapore is friendly to China. But US is the true strategic partner of Singapore. Tell me, how many Chinese weapon Singapore bought from China? Zero. And almost all Singapore weapon are from US.

UK is also pressure by US to drop Huawei not becos they really think huawei is a security threat or no good.