Huawei Now World’s Largest Telecom Equipment-Maker

Huawei has surpassed Sweden’s Ericsson AB to become the world’s largest telecom equipment supplier, despite moves by the U.S. and Australia to limit official use of products from the Chinese tech giant.

Huawei Technologies Co. Ltd. was the only major equipment-maker to gain market share last year, increasing to 28% in 2017 from 25% a year ago, according to research firm IHS Markit.