Huawei surpasses Ericsson as world's largest telecom equipment vendor

Huawei is set to retain top telecom equipment vendor position in coming quarters, thanks to its growing revenue from enterprise and mobile phone businesses.


Its main rivals - Ericsson and Nokia Siemens - do not have this big opportunity to compete with the Chinese telecom equipment maker. 



Chinese telecoms giant Huawei Technologies on Tuesday reported a 5.1 percent rise in sales to 102.7 billion yuan (US$16.1 billion) for first-half 2012, ended Jun. 30, which surpassed Ericsson's 106.3 billion kronor (US$15.25 billion) over the same period.



Since 2011, the slowdown in the global market have seen telecom operators worldwide reporting lower income and profits, resulting in even greater competition between telecom equipment manufacturers.


"[Huawei] continues to maintain robust growth momentum, although the global economic situation and telecom equipment market remains a significant challenge," said the company.


The Chinese telco player was "relatively optimistic" about the operating performance and profitability for the remainder of 2012, said its CFO Meng Wanzhou.


According to Ying Weimin, President of Huawei GSM&UMTS&LTE Network, Huawei helped Deutsche Telekom, Telefonica, Telenor, TeliaSonera, and Vodafone launch their LTE services commercially.