Nokia CEO Pushes EU to Rethink Chinese Vendors - CoinCentral
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Nokia’s CEO calls on the EU to reconsider Chinese vendors Huawei and ZTE, citing national security risks and lost market share in China.

cross-posted from: https://lemmy.sdf.org/post/42077068

  • Nokia CEO urges Europe to consider banning Huawei and ZTE amid over security reasons and a shrinking China market share for European vendors
  • Nokia, along with Ericsson, has faced significant barriers in China, where authorities have reportedly told Nordic vendors that they will be excluded on national security grounds
  • European operators still rely heavily on Huawei, raising geopolitical and security concerns
  • Huawei has already been banned or restricted from supplying 5G equipment to 10 European Union (EU) countries, as well as the U.K.
  • Most recently, both Huawei and ZTE components were barred from 5G networks in Germany

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“Why do we [Europeans] allow high-risk vendors in Europe when we have less than 3% of the market share in China?” Hotard questioned. “European operators should provide European vendors with the same opportunities that Chinese companies receive at home," Nokia CEO Justin Hotard.

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The CEO’s remarks come amid mounting geopolitical tensions and growing scrutiny of Chinese telecom equipment in Europe, where several countries have already imposed partial or full bans on Huawei and ZTE products.

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  • sandwich.make(bathing_in_bismuth)@sh.itjust.worksEnglish
    11·
    3 days ago

    You first have to prove me wrong on Huawei and ZTE claims before you get me to consider any bias. What you said is only true if allegations are wrong (they’re not). Besides there are plenty of other 5G providers. Nokia is a strong company. Their self interest is our (mine) interest (as I am European). I don’t see any problem

    • partial_accumen@lemmy.worldEnglish
      5·
      3 days ago

      You first have to prove me wrong on Huawei and ZTE claims before you get me to consider any bias.

      Are you serious? A company’s primary goal is to sell its product or service. If a company can cite any reasons for customers to NOT choose the competitor’s products (legitimate or not reasons) they have an interest in doing so. I don’t know what more obvious conflict of interest could possibly exist.