Ericsson readying to take on China-based Huawei, says CEO
Ericsson, while continuing to expand its share in the global telecom equipment market, is readying to take on increasing competition from other rivals, especially China-based Huawei Technologies, according to Ericsson president and CEO Carl-Henric Svanberg.
Huawei has made significant inroads into the global telecom equipment market in the past 10 years, grabbing market shares mostly from poorly-operated companies, not from Ericsson, Svanberg stated.
Ericsson has managed to push up its share in the global telecom equipment market to 43-44% currently, up from 33-34% in 2003, Svanberg highlighted.
In a recently bidding for WCDMA equipment held by China Unicom, Ericsson secured 21.5% of the orders, trailing after only Huawei, according to a Chinese-language Commercial Times report. China Unicom plans to invest 60 billion yuan (US$8.77 billion) to build up its WCDMA network in 2009, the paper added.
In another bidding for TD-SCDMA equipment held by China Mobile, Ericsson won only 5% of the orders offered, according to Mats H Olsson, president of Ericsson Greater China.
Backed by its strong R&D capability, Ericsson is expected to win more TD-SCDMA orders in the near future, Olsson asserted. China Mobile plans to spend 58.8 billion yuan for TD-SCDMA equipment this year, indicated the Commercial Times.
Huawei has made significant inroads into the global telecom equipment market in the past 10 years, grabbing market shares mostly from poorly-operated companies, not from Ericsson, Svanberg stated.
Ericsson has managed to push up its share in the global telecom equipment market to 43-44% currently, up from 33-34% in 2003, Svanberg highlighted.
In a recently bidding for WCDMA equipment held by China Unicom, Ericsson secured 21.5% of the orders, trailing after only Huawei, according to a Chinese-language Commercial Times report. China Unicom plans to invest 60 billion yuan (US$8.77 billion) to build up its WCDMA network in 2009, the paper added.
In another bidding for TD-SCDMA equipment held by China Mobile, Ericsson won only 5% of the orders offered, according to Mats H Olsson, president of Ericsson Greater China.
Backed by its strong R&D capability, Ericsson is expected to win more TD-SCDMA orders in the near future, Olsson asserted. China Mobile plans to spend 58.8 billion yuan for TD-SCDMA equipment this year, indicated the Commercial Times.
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