Comment on Ericsson Struggles with Huawei's Dominance in European Telecom Market Despite Ban - EconoTimes
0x0@programming.dev 4 months ago
Ekholm attributes Ericsson’s significant network market downturn on Chinese businesses.
So long as Chinese rivals keep selling low-priced goods, telecoms won’t be able to put much pressure on them.
Ain’t that called free market competition and all?
themurphy@lemmy.ml 4 months ago
Not when it isn’t a rich US/EU guy owning the business.
mal3oon@lemmy.world 4 months ago
It’s more about China heavily subsidizing it’s tech industry, mainly to disrupt western innovations. Same thing is happening with Electrical Vehicles. Typical capitalist bait and switch.
themurphy@lemmy.ml 4 months ago
That’s true, but it’s also true that China has prioritised to make automated factories and investing heavily in just plain better battery tech.
I know alot of the money came from the CCP, but when the investments are done, this new tech will outperform other companies on just being better (thinking of EV specifically).
I think I’m just saying that a state investing in tech and technologies is not a bad idea always.