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Huawei still dominates telecom equipment marketBevin Fletcher Dec 16, 2021 12:22pm
Huawei’s lead in the equipment market contrasts its consumer smartphone business.
Despite feeling impacts in 2021 from a U.S. government clampdown, Huawei still led the global telecom equipment market by far during the first three quarters.
In Q1-Q3 market takeaways from Dell’Oro group, the firm said ongoing efforts by the U.S. to curb the Chinese vendor started to appear in Huawei’s results, particularly outside of China.
“At the same time, Huawei continued to dominate the global market, still nearly as large as Ericsson and Nokia combined,” wrote Dell’Oro analyst Stefan Pongratz. Cumulative revenues for the telecom market were around $100 billion.
Huawei still dominates telecom equipment marketDespite feeling impacts in 2021 from a U.S. government clampdown, Huawei still led the global telecom equipment market by far during the first three quarters. | Despite feeling impacts of ongoing U.S. efforts to curb Huawei, the Chinese equipment vendor was still nearly as large as Ericsson and...
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