Huawei storming ahead on strength of Chinese 3G race

Peter Dinham
Friday, 15 May 2009 09:55

IT Industry - Strategy

“Vendors who beat both the sequential and year-over-year average market declines of 15% and 8%, respectively, include Ericsson, Huawei, and NEC.

“Those three vendors plus ZTE were the only top ten vendors that did not post revenue declines compared with 1Q08. Huawei and ZTE grew revenues by more than 40% and 20%, respectively, over 1Q08 in part due to 3G mobile-related spending in China.”

Cooperson also reports that Alcatel-Lucent held on to the market lead with 21.7% annualized share, but Huawei picked up 1.8 percentage points to come within three points of the market leader at 19.1% share.
 
“Given the continued strength of spending in markets where Huawei is strong, its light exposure to weaker markets, and the firm’s seemingly bottomless availability of financing, this looks like a huge year for the Chinese giant,” Cooperson predicted.