UPDATE 1-China's Huawei takes No. 2 spot in mobile gear

Fri Nov 13, 2009 7:39pm GMT
 
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* Ericsson Q3 market share 32 pct, flat yr/yr-Dell'Oro

* Huawei Q3 share 20 pct vs 11 pct yr ago-Dell'Oro

* Nokia Siemens Q3 share 20 pct vs 24 pct yr ago (Adds details, background)

By Tarmo Virki, European technology correspondent

HELSINKI, Nov 13 (Reuters) - China's Huawei Technologies [HWT.UL] took the No. 2 position in the global mobile network gear market in the third quarter, almost doubling its market share from a year ago and surpassing Nokia Siemens (NOK1V.HE).

Competition for new business in the telecommunications equipment market has been cut-throat during the past few years, driven by Asian vendors, and the outlook remains tough.

Sweden's Ericsson (ERICb.ST) continues to lead the market with a 32 percent share, researcher Dell'Oro said on Friday.

Further strengthening its position, Ericsson on Friday closed its $1.13 billion acquisition of CDMA and LTE assets of bankrupt Nortel Networks (NRTLQ.PK). [ID:nWNAB5917]

Huawei's market share rose to 20 percent from 11 percent a year ago, Dell'Oro said in its quarterly market review, while the market share of Nokia Siemens Networks (SIEGn.DE) [NSN.UL] dropped to just below Huawei.  Continued...

 

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