The ban on Huawei could have a big impact on the global industry

The agency believes that the bans would affect the technology sector more than telecommunications

Possible restrictions by the US The equipment manufactured by Huawei could have a far-reaching impact on the industry worldwide, according to the risk rating agency Standard and PoorŽs, which for the time being has not changed the ratings of the sector. The agency considers that, for the time being, the impact of any ban on Huawei (a company that S & P does not evaluate) is unknown, considering that negotiations between the US are continuing. and China relating to trade. The rating agency analyst believes that these bans to Huawei would affect the technology sector more than telecommunications, given the short-term impact on Huawei's suppliers, according to this agency in a press release. Habib believes that the consequences could be manageable in the short term for technology and telecommunications companies, but decisive in the long term. In his opinion, this veto would serve as a catalyst for Huawei and the Chinese administration to accelerate their investment in technology to reduce dependence on foreign suppliers in critical components. In turn, this ban could increase competition in the technology sector and potentially reduce the long-term growth prospects of technology companies in the United States, according to this analyst. In the long term, he believes that the consequences for telecommunications are likely to vary from one country to another and are largely related to long-term 5G investment decisions. This agency believes that the ability to achieve market leadership in the deployment of 5G is a key success factor in a dynamic economic environment for countries and regions.