A full-fledged tech cold war could cost the global information and communications technology sector around $3.5 trillion over the next five years due to loss of domestic Chinese demand, costs of shifting global supply chain currently located in China and higher operating costs due to the emergence of two divergent tech standards, according to Deutsche Bank.

“We conduct a top-down analysis of the impact on the Global Information & Communications Technology sector from a full-blown cold war. It shows that the ensuing demand disruption, supply chain upheaval and resultant ‘Tech Wall’ that would delineate the world into rivalling tech standards could cost the sector more than $3.5 trillion over the next five years,” said Apjit Walia, global technology strategist at Deutsche Bank. Read More …