Huawei, the telecommunications company that promises to revolutionise connectivity, faces a powerful adversary in the form of the US. Founded in 1987, Huawei has become the dominant player in its field, outcompeting its European 5G rivals. The technology company is also a significant player in the smartphone industry, beating Apple in overall sales, thus jumping to second place and in the process separating the two smartphone giants; Apple and Samsung, for the first time in seven years. Huawei’s tenure as the dominant 5G provider has not been a comfortable one.
“Europe is more than just the Euro,” words of Professor Otmar Issing, the former Chief Economist of the European Central Bank, father of the Euro (€), and a speaker at the Warwick Economics Summit 2020.
The Euro is the official currency of the EU and any member states who adopt it become part of the Eurozone. Despite the fact that not all EU countries are constituents of the monetary union, the Euro is one of the leading currencies in the world, only second to the US dollar ($).