The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Cost of banning Chinese 5G gear soars to $5.6B – 24HTECH.ASIA

News Snapshot:

As the US aggressively moves away from China-based providers, rest of the world watches on with interest. Credit: Dreamstime Network providers have asked for US$5.6 billion to cover the cost of replacing deployed wireless equipment made by Huawei and ZTE, whose gear has been banned from US-based carrier networks. Congress had set aside $1.9 billion for the program, but a preliminary total of applications for reimbursement revealed a shortfall of $3.7 billion. FCC Chairperson Jessica Rosenworcel seeks Congress to make up whatever the actual amount turns out to be. Wireless equipment manufactured by Huawei and ZTE have been placed on…

Other China Tech Buzz: