ATOUGHREALITY论文

A TOUGH REALITY

Why the U.S. telecom industry floundered in the 5G era By Wang Peng

The author is an associate research fellow at Chongyang Institute for Financial Studies, Renmin University of China

I n April, at a gathering in the White House, U.S.President Donald Trump detailed his plan for transforming U.S. society, workplaces and educational institutions with 5G, showing an obsession to win the global race to harness the advanced technology.

To take 5G to 4 million rural households and small businesses, the U.S. Government is putting together a $20.4-billion rural broadband funding program. Also, state and local governments now have to approve new physical infrastructure within 90 days to speed up the initiative. A program execution team has reportedly been organized under the Department of State to promote necessary institutional reforms.

随着海岛旅游产业的悄然兴起,为了扩展业务与提升用户体验,电子商务等相关互联网产品越来越多逐渐融入到朱家尖的各个景点,景区对于高新技术驱动下的旅游产业非常向往,朱家尖东沙社区东荷嘉园专门成立了电子商务产业园来发展旅游产业,并取得了较好的成果[3]。

However, all these approaches cannot solve the essential problem of the U.S. telecom industry. Financial Times published an article, Why Is There No U.S. Rival to Compete With Huawei?, which reignited a debate at the top of the administration.This is the question that Trump and his administration needs to answer.

设定完安全库存后使用看板进行控制,Milk-run系统看板系统的运行模式。(1)看板卡收集:火车司机按照Milk-run运行时间到各物料站点收集看板。看板回收点在各物料站点旁,便于产线人员和司机放置。(2)备料:火车司机将看板带回仓库交于备料人员,备料人员扫描看板创建取料指令,然后按指令拣选物料,核对看板与物料是否一致后将看板置于对应的料箱上。(3)配送:火车司机沿Milk-run路线行驶,根据看板信息将物料配送至指定的物料站点,并取回空箱和看板,以此循环。

Experts and policymakers give various reasons to explain why Huawei has no peer in the American market. One explanation is lack of motive to reform and innovate.

A person experiences the power of 5G on the streets of London on May 31. Mobile carrier EE launched the UK's fi rst 5G network in six major cities a day before, with equipment made by China's Huawei

High-ranking U.S. officials, senior diplomats and security experts are all warning U.S. citizens as well as the international community of the danger of using Huawei's telecom equipment, claiming it could be used for spying and stealing, though they are not able to produce any evidences against the Chinese company regarding those accusations. But as the article points out, “They have been unable to recommend or support a U.S. company to step in and provide the same equipment instead.”

实践的需求催生理论的产生。通过图1可以看出,文献量发展趋势与我国八次国务院机构改革的时间大致吻合,并且在机构改革的年限,政府机构改革的文献量都会出现一个峰值。国家层面的决策道路由无数专家学者呕心沥血的研究铺就。尽管国务院前七次机构改革已经结束,但政府机构改革的探索依然在路上,所以相关文献研究依然呈现出一个上升的趋势。

Now, they have to admit the tough reality that the once little known Huawei has grown into the world's largest telecom equipment manufacturer, occupying more than 28 percent global market share and getting more 5G contracts than any other competitor around the world.

The fi rst U.S. telecom carrier was born a century ago and U.S. companies ruled the global telecom equipment market for most of last century. However, it is precisely due to their success and unchallenged leadership in the old world of landlines that it has become extremely difficult, if not impossible, for them to make necessary and substantial changes aggressively and quickly enough in mobile telecom networks and the Internet in the 21st century.

U.S. companies are looking at Europe in the hope that Huawei's closest rivals,Ericsson and Nokia, may make the effort.However, Huawei's cooperative strategy with its European peers effectively turns some of its potential rivals into its cooperative partners in the local market. And there are still no U.S. peers that can launch an effective counterattack by building the equipment.

The next question is, can the Trump administration, which punishes a private foreign company using administrative means without any valid judicial evidence or legal procedure, save U.S. telecom companies in the 5G era? The answer is still no.

The rise of Huawei demonstrates how an effective government can create a better external environment for newly emerging hi-tech industries, such as 5G telecom firms. Huawei's successful global market performance stands as proof that this approach leads to more effective growth.

Copyedited by Sudeshna Sarkar

Comments to yulintao@bjreview.com

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