subject: Ericsson, Huawei, Hutch Internal Self-assessment And The Times A Foregone Conclusion - Huawei, [print this page] August 25 morning news (Chiang were grazing) in the financial turmoil in the global telecom equipment market against the background of falling demand, Huawei Ushered in its own opportunities. According to Bloomberg News, Huawei won in 2008, the European market, 30 billion U.S. dollars contract Sell Amount of 30 billion year on year increase of 20%. The data from Western Europe, vice president of Huawei, Tim? Hawkins (TimWatkins) in London said in a media interview. He is expected in Europe this year, Huawei will further increase.
Worth Huawei proud arise, not only in the European market consolidated its position, it just broke the U.S. market led WiMAX Operator Clearwire. Huawei, the North American market is not the only fall in the global market, this breakthrough is particularly valuable.
As times change, the ebb and flow of the telecommunications equipment market, Huawei has also become increasingly strong in the pride show. Understanding of China's communications network, according to C114, Huawei internal self-assessment in the field of wireless side by side with the Ericsson duo a foregone conclusion. However, relatively easy to play the role of challenger, Huawei To turn around from a new winner for the great company, still need more efforts and longer time.
Rival Huawei declines to step up expansion in net income of 1.15 billion U.S. dollars
According to Huawei announced in April this year, the 2008 filing shows a net profit of 11.5 billion dollars. In contrast, its main rival out of the financial statements appear relatively bleak. Ericsson and Nokia Siemens profit decreased 50%, while Alcatel-Lucent's full year loss widened by 48%. Huawei's revenue challenges of the telecommunications equipment industry fell by market demand and fierce price war trend of increasing damage.
Credit Suisse Group AG analyst Kurbin get? Plus Charlie (KulbinderGarcha) analysis said, with the low cost advantages, Huawei has become the world's third largest telecom equipment supplier, accounting for 14% global market share, second only 35% on Ericsson and Nokia Siemens 20%.
He said Huawei's overseas expansion has been very successful in emerging markets from the beginning to the present developed markets, because it has a very clear price advantage. However, changes in the telecommunications infrastructure market share is not too fast, Huawei to become the first industry still has a long way to go, probably in 3 to 5 years will be the second.
At the same time, various market research reports and figures are given also shows that in mobile communications, optical network and even the IMS and other various telecom segments, the Huawei have become the industry leader, or a threat to industry leaders to the status.
These data is critical, however, the equipment makers, more importantly, customer relationships, as Ericsson, Nortel wireless assets acquired as. Hawkins said that Huawei's European clients already include "all major carriers."
He also said that want to develop LTE (commonly known as 4G) operator with Huawei Cooperation May be easier to secure bank loans. Earlier this year, Huawei announced that it jointly with T-mobile Austria, Germany, launched jointly with Vodafone LTE network infrastructure testing.
Breakthrough in the U.S. Clearwire: not fall into the only market
North America is not the only scale of Huawei's access to markets. Although Huawei has repeatedly stated nothing to do with the Chinese government, but it has been unable to shake off the U.S. government for its "popular", which also led to earlier with Bain Capital (BainCapitalLLC) 22 billion acquisition of 3Com blocked?? The U.S. government is based reason is security concerns, worried that the U.S. Department of Defense uses 3Com anti-hacking technology will be the Chinese government.
