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Germany Mulls Banning Chinese Components from 5G Network

Germany is considering banning Chinese telecommunications companies from accessing its nascent 5G network. A recent statement from the German government revealed that the European economic giant will spend the next few years phasing out the use of parts developed by Chinese telecom companies ZTE and Huawei from its 5G network due to security concerns. This will mark the second time a major Western economy has turned an unfavorable eye toward Huawei after the Trump administration booted it out of the United States.

This time, however, it seems another Chinese telecommunications company will also be caught in the crossfire. The move by Berlin also…

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NOTE TO INVESTORS: The latest news and updates relating to FingerMotion Inc. (NASDAQ: FNGR) are available in the company’s newsroom at https://ibn.fm/FNGR

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Editor@ChineseWire.com

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