Here are the editor's top picks for the week.
Updated China cybersecurity law to add compliance cost for TMT companies
China's move to strengthen its cybersecurity regime will increase compliance costs for all technology, media and telecommunication companies — local and foreign — operating in China, experts warned. The new cybersecurity rules, under China's existing "multilevel protection scheme" or MLPS, will go into effect on Dec. 1, 2019.
Data Dispatch: Qualcomm faces headwinds in race to deploy 5G
Qualcomm Inc. is facing legal and geopolitical challenges to its licensing business that analysts say could negatively impact the United States' standing in the global race to deploy next-generation 5G wireless networks. Shares of the domestic chipmaker have tumbled since a U.S. federal district judge found that Qualcomm used its dominant market position to charge unreasonably high prices and ordered its licensing contracts be renegotiated. Qualcomm's licensing revenue came to $1.12 billion, comprising 23% of the company's consolidated quarterly revenue for the period ended in March.
Data Dispatch: Supply ban would hurt Huawei's global ambition
The global ramifications of the U.S. placing Huawei Technologies Co. Ltd. on an "Entity List" — effectively requiring U.S. companies to obtain a special license to do business with the Chinese firm — are still being felt, despite the government later scaling back the restrictions for 90 days. The ban is a supply chain disruptor for Huawei and cuts the company's access to large mobile ecosystems like Android, hurting the company's global expansion plans, analysts said.
Data Dispatch EMEA: Europe's continental divide in internet ad spending to grow through 2021
Growth will continue in Western Europe, while it slows elsewhere. Analysts say mobile and internet-connected devices will play a vital role in driving internet usage and digital ad spending throughout the continent.
Existing US Huawei gear has risks, but forcing removal may not be a priority
In the wake of recent U.S. government actions to prevent future use of telecommunications equipment from certain international sources, security experts said risks remain for rural carriers continuing to use equipment from Huawei. However, removing it may not be a top priority for the government.