The entire world of technology is watching as the United States and China fight a trade war. The United States does not want Huawei to operate on American soil and has been trying to convince companies to join the fight. Nokia, however, will not be one of them.
According to Nokia CEO Pekka Lundmark, the competition has to be cautious. Accordingly, the CEO declared that Nokia will remain neutral in this conflict, not getting involved in any way. “We believe that it is a mistake for a company to have a political agenda. We have no political interests, we are just a company”.
These statements were made following the pressure that Donald Trump and the American government are putting on their “allies” to ban Huawei equipment in Europe. Some countries have already started to ponder this situation, including the United Kingdom, which intends to get rid of Huawei’s infrastructure by 2027.
The goal here is to halt Huawei’s advance in the development of 5G. However, the truth is that Nokia even has to benefit from Huawei’s misfortune. After all, Nokia is responsible for the development of telecommunications infrastructure in Europe.
Huawei competes with Nokia
Companies like Nokia and Ericsson have had their infrastructure business hindered by companies like Huawei. With lower prices and a huge workforce, Huawei managed to win several development contracts, selling cheaper than the competition.
It is a matter of time before we see how the situation will unfold. The truth is that Huawei has been doing poorly in Europe due to these restrictions and controversies.
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