Nortel found itself being undercut and outmaneuvered in the marketplace. One particular Chinese competitor was selling almost identical technology at lower prices – Huawei.
By 2009, Nortel was done. It filed for bankruptcy protection, was broken up and sold piecemeal.
Today, Huawei is bidding to build Canada’s fifth generation Internet. 5G it’s called. It will be built into everything: microwave ovens, cell phones, pens, computers, TVs, running shoes, car keys, everything. Huawei wants Canada to use its technology.
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