Editor's Note: We are always interested in providing valuable insights on the financial markets to our readers. Below is a piece from our colleague Jeff Brown at Bonner & Partners on the future of Wi-Fi, or lack thereof, that we know you will find very interesting.
Dear Concerned Citizen,
At the center of China's rising political and economic power is 5G — a technology that will revolutionize almost every industry you can think of... enabling everything from smart highways to self-driving cars.
In fact, Ang Cui, CEO of security firm Red Balloon, made a powerful statement about winning the race to develop 5G infrastructure:
"Whoever gets to dominate 5G infrastructure will become the owner of the next generation of the world's telecoms infrastructure".
This comes after Huawei — one of the biggest telecom companies in the world — fired a shot accusing U.S. agents of hacking into its servers…
Immediately after that, Trump's top cyber official released a statement theorizing that the Chinese government is using Huawei's 5G technology to spy on U.S. citizens.
Trump took it even further by signing House bill H.R. 5515 into law. It bans Huawei telecom equipment from being used by government agencies in the U.S.
All this tension between the U.S. and Chinese governments leads me to believe that now is the perfect time to get in on 5G tech before it truly explodes on a global scale…
The best part? This stock is trading for only $6 a share. If you get in now, before this frenzy between the U.S. and China really takes off, you'll have the chance to make potentially life-changing gains.
Sincerely,
Jeff Brown
Chief Technology Analyst, Bonner & Partners
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