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.
Ericsson trailed slightly behind with a 27% share, while Nokia Oyj from Finland was third with a 23% share. China’s ZTE Corp. and South Korea’s Samsung Electronics took the fourth and fifth spots, with a 13% and 3% share, respectively.
Huawei’s gain in market share came despite headwinds in the U.S., as lawmakers in January introduced a bill that would prohibit government purchases of telecom equipment from the company as well as from ZTE, citing the firms’ ties to the Chinese military and backing from the ruling Communist Party.
In 2012, the U.S. banned all domestic carriers from buying equipment from the two companies, which count major carriers as their main customers.
Australia made a similar, though less drastic, move in 2013, when it banned Huawei from supplying equipment for a $38 billion high-speed national broadband network.
In February, reports said the Australian military is phasing out use of Huawei and ZTE smartphones on national-security concerns.
The IHS Markit report, released on March 6, tracks more than 50 categories of equipment, software and subscribers based on all existing generations of wireless network technology.
Overall, the worldwide mobile infrastructure industry’s revenue totaled $37.2 billion last year, declining 14% from $43.3 billion in 2016, dragged down by slower demand in China, the research firm said.
Contact reporter Jason Tan (email@example.com)
Apr 22 05:03 PM
Apr 22 04:11 PM
Apr 22 03:14 PM
Apr 20 07:03 PM
Apr 20 05:20 PM
Apr 20 01:14 PM
Apr 19 05:13 PM
Apr 19 05:08 PM
Apr 19 12:45 PM
Apr 16 11:48 PM
Apr 16 08:51 PM
Apr 16 06:48 PM
Apr 16 12:30 PM
Apr 15 07:22 PM
Apr 15 06:56 PM
- 1Update: China’s Rapid GDP Growth Falls Short of Expectations
- 292-Year Old Li Ka-Shing Receives First Dose of BioNTech Vaccine
- 3China to Examine Airworthiness of Battered Drone-Maker’s ‘Flying Car’
- 4Record Profits at China’s Biggest State Firms Show Strength of Economic Recovery
- 5Alibaba Holds Out Carrots, Retires Stick in Its Merchant Relations
- 1Power To The People: Pintec Serves A Booming Consumer Class
- 2Largest hotel group in Europe accepts UnionPay
- 3UnionPay mobile QuickPass debuts in Hong Kong
- 4UnionPay International launches premium catering privilege U Dining Collection
- 5UnionPay International’s U Plan has covered over 1600 stores overseas