About the Book
Published Date: November 2024
This white paper provides a comprehensive analysis of the Biden administration’s 2024 tech policy, focusing on 5G networks as a cornerstone of national security, economic strategy, and technological advancement. The report delves into three primary aspects: bolstering cybersecurity to mitigate foreign influence, particularly from Chinese firms like Huawei; investing in domestic 5G infrastructure to reduce reliance on foreign supply chains; and fostering international alliances with key partners such as the EU, Japan, and South Korea to establish secure, interoperable 5G standards. These initiatives have led to a bifurcation in the global 5G ecosystem, creating distinct technological alignments between U.S.-approved and Chinese-backed infrastructures.
The paper outlines significant trade implications, including increased costs for compliant technologies, export restrictions on critical components, and the emergence of dual supply chains to accommodate diverging global standards. Recommendations for companies include diversifying suppliers, enhancing compliance frameworks, and leveraging government incentives to navigate this complex environment. Policymakers are urged to standardize global 5G security measures and invest in workforce training to sustain competitiveness. The analysis underscores the critical balance between security and innovation as global players vie for technological dominance in the telecommunications sector.
