The full effect of Australia's ban on Chinese telecommunications equipment vendor Huawei technologies playing a role in the country's 5G networks will mean a loss of more than 1000 jobs in all, iTWire understands.
The US will need to invest between US$20 billion (A$27.3 billion) and US$50 billion in new semiconductor fabrication plants if it wants to reverse the trend of the last 30 years which has seen semiconductor manufacturing decline, a study claims.
Had Chinese telecommunications equipment vendor Huawei Technologies not been banned from tendering for Australia's 5G networks, there is no doubt that local operators — TPG, Vodafone and Optus — would have been among the most advanced 5G operators and competitors would be forced to keep up, the chief corporate affairs officer of the Chinese vendor's local operation claims.
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LOL. Read some history pal.
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