US antics divide subsea cable market into East and West
@ 2023/06/15Returning to the cold war
The subsea cable market is in danger of dividing into eastern and western blocs as the US is putting pressure on companies to avoid Chinese ties.
The supply and installation of subsea cables has been dominated by companies from France, the US and Japan. The Chinese government started successfully penetrating the global market, but consecutive US administrations have since managed to freeze China out of large parts of it.
The subsea cable market is in danger of dividing into eastern and western blocs as the US is putting pressure on companies to avoid Chinese ties.
The supply and installation of subsea cables has been dominated by companies from France, the US and Japan. The Chinese government started successfully penetrating the global market, but consecutive US administrations have since managed to freeze China out of large parts of it.