Opinion | The storyline behind Chinese paper spies in the house of tech
Live MintOver the past few days, the global media has been fascinated by the goings on in the “secretive” Chinese telecom giant, Huawei Technologies. Even in India, a recent media report said a leading telecom industry body, The Telecom Equipment and Services Export Promotion Council, will ask the government to issue a ban on import of 5G telecom equipment made by Huawei and other similar Chinese companies. In Q3 2018, Huawei had a 28% market share of the global telecom equipment market, up 4 percentage points since 2015, according to research agency Dell’Oro. The telecom network market share report assumes significance because Huawei is now facing setbacks in several of its key telecom markets. It is clearly a war for technological leadership between American and Chinese tech companies, vying as they are for a bigger share of the growing global telecom market.