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Huawei retains its status as the world's leading provider of telecom equipment

17/03/2022

China's Huawei Technologies Co has retained its title as the world's leading telecommunications equipment supplier in 2021 despite US sanctions, SCMP reported on Tuesday, citing data from research company Dell'Oro Group.

While the Chinese company outside China has lost market share to Finland's Nokia and Sweden's Ericsson, strong domestic demand has given Huawei a global leadership.

According to the publication, the volume of the global telecommunications equipment market in 2021 amounted to $100 billion. The share of Huawei on it is estimated at 28%, Nokia and Ericsson - about 16% each.

telecommunications equipment

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