It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed Huawei 5G techonology as an American national security threat and would put US economy at risk!
By banning Huawei phones from having any tie-ups with US companies, Donald Trump is trying to help US dominate the 5G arena.
So why is 5G important?
5G is important because it is widely considered as the Fourth Industrial Revolution that will change the economy.
Because of the speeds and capacity that 5G network promises to bring, it has the potential to be an indispensable technology. It is estimated that by 2035, 5G will enable $12.3 trillion of global economic output and support 22 million jobs worldwide!
An example why 5G is powerful - Smart Traffic Control!
In short, 5G is the technology that will make self driving cars safe!
US will have a full rollout of 5G technology this year!
Telecommunication companies are rolling out their 5G technology this year.
Invest in stocks that will benefit from 5G technology revolution in US!
With the greenlight by US government to give full support on US companies to roll out 5G technology, stocks that are related to 5G will benefit.
Apple is one such company. It is expected to launch its 5G i-phone this year. Apple share price has already risen from $220 to $320 in the last 5 months, an incredible increase of 48% return!
Your job as an investor is to find stocks that are related to 5G technology and invest in them to take advantage of this industry that is going to dominate the market over the next 5 years!