Huawei Topples Ericsson As The World’s Largest Telecommunications Equipment Manufacturer

IHS Markit, a market research company released a report on the share of the global mobile infrastructure market. The report shows that Huawei topples Ericsson in 2017 to become the world’s largest telecommunications equipment manufacturer. According to reports, Huawei was the only vendor to gain share in the mobile infrastructure market last year. Huawei’s mobile infrastructure business achieved a market share of 28% last year which is an increase of 3% from 2016. In contrast, Ericsson’s global mobile infrastructure market share fell to 27%. Ericsson’s share in 2016 was 28%, which is very close to Huawei’s share.

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In addition to Huawei and Ericsson, HIS Markit also announced the market share of Nokia, ZTE, and Samsung in the global mobile infrastructure market is pegged at 23%, 13%, and 3% respectively. According to the report, global 2G, 3G, and LTE hardware revenues in 2017 were $37.2 which is a decline from $43.3 billion in 2016.

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