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Stock impact report

Republican House member introduces bill to boost U.S. 5G presence [Reuters]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Reuters
Republican House member introduces bill to boost U.S. 5G presence - Reuters 3 Min Read WASHINGTON (Reuters) - A Republican lawmaker on Monday introduced legislation to boost the presence of U.S. firms in global industry standards bodies to combat China’s rising influence in next-generation 5G cellular network technology. The bill, from U.S. Representative Michael McCaul of Texas, presses the secretary of state to boost the “representation and leadership” of the United States at international telecommunication organizations that create standards for the 5G cellular network. That will be necessary to combat attempts by China to gain influence in those groups, the legislation says. The bill does not ask for additional funding but requests the State Department use its existing appropriations to fund the effort. The bipartisan bill is cosponsored by Representative Henry Cuellar, a Democrat from Texas. “China’s majority control of the world’s 5G networks, interconnected devices and cloud st Show less Read more
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