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Tuesday, 26 December 2023 23:21
in Economics and politics

US is losing its technology war against China

Huawei is back! Its Mate60 phone surprised in August by having a Chinese made processor, which the sanctions should make it impossible for them to produce. It includes 5G and satellite connectivity and a tear-down (photo) shows that almost all components are Chinese made.

Recent events show that China has been able to overcome the US sanctions campaign against its High Tech industry. The US has reacted with a new wave of sanctions against China. This is a dead-end. It will eventually hurt the US more than China. Thank you, Mr. Biden.

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About Me

  • Thorbjorn Waagstein Thorbjorn Waagstein
    Thorbjørn Waagstein, Economist, PhD, since 1999 working as international Development Consultant in Latin America, Africa and Asia. Jeg har lige skrevet mine erindringer, som også berører en del af temaerne herfra, men skrevet med let hånd. Den kan købes i boghandelen, eller bestilles hos forlaget: Klik her.  

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