China's Huawei overtakes Sweden's Ericsson

[beijingwalker]

05 February 2012 | news Newsdesk

Last week Swedish telecom giant Ericsson shocked the market when it reported a profit drop of 77 percent.

Now Reuters says that when Huawei Technologies posts its annual results in April, they will likely show the unlisted Chinese firm has overtaken Sweden's Ericsson as the world's top-selling telecoms equipment maker.

"There's a lot of price pressure now (from the Chinese firms) and this is going be tough for Ericsson," Bill Rojas, an analyst at research firm IDC, told the newswire.

Huawei's annual sales of network equipment are forecast at around 21 billion dollar. It's about 1 billion more than Ericsson.

The CEO of Stockholm-based Ericsson said his company is always trying to cut costs, but doesn't anticipate major layoffs - at least not yet.

Ericsson's latest earnings figures stunned analysts, as it posted a sharp drop in net profit. Lower margins in upgrading European mobile networks, and cost cutting among mobile operators were to blame for the drop.

 

[Chinese-Dragon]

Awesome news.

 

[shuttler]

It is no surprise for a company as strong as Huawei to gain its pace over Erisson which has been dwindling in the last decade. Shall we meet again when the news of Huawei overtaking the likes of Apple finally comes about?

 

[Black Widow]

I have worked for huawei so I know its model. Its very sad to see that cheap huawei products are gaining market..

Huawei product are cheap an sub standard, The company doesn't focus on quality. The datasheets are highly manipulated. And the performance is aweful.


Huawei uses JAVA platform for telecom product, JAVA is quick but lethargic platform, Java coding is easy but, the quality of software and performance is very low. JAVA is useful for banking where quality is least concern while security is major concern.

I hope after few years, service provider will understand the difference btwn quality and cheap product.

 

[shuttler]

I have worked for huawei so I know its model. Its very sad to see that cheap huawei products are gaining market..

Huawei product are cheap an sub standard, The company doesn't focus on quality. The datasheets are highly manipulated. And the performance is aweful.


Huawei uses JAVA platform for telecom product, JAVA is quick but lethargic platform, Java coding is easy but, the quality of software and performance is very low. JAVA is useful for banking where quality is least concern while security is major concern.

I hope after few years, service provider will understand the difference btwn quality and cheap product.

keep going your sour bashing on Chinese's success! name me one indian electronic gadget that even has a name!

 

[northeast]

I have worked for huawei so I know its model. Its very sad to see that cheap huawei products are gaining market..

Huawei product are cheap an sub standard, The company doesn't focus on quality. The datasheets are highly manipulated. And the performance is aweful.


Huawei uses JAVA platform for telecom product, JAVA is quick but lethargic platform, Java coding is easy but, the quality of software and performance is very low. JAVA is useful for banking where quality is least concern while security is major concern.

I hope after few years, service provider will understand the difference btwn quality and cheap product.

Nice mental matsubating！

 

[Skull and Bones]

I don't find Huawei products bad, they are very much competitively priced than their counterparts.

 

[lamlap]

Huawei is the God

 

[Aramsogo]

I have worked for huawei so I know its model. Its very sad to see that cheap huawei products are gaining market..

Huawei product are cheap an sub standard, The company doesn't focus on quality. The datasheets are highly manipulated. And the performance is aweful.


Huawei uses JAVA platform for telecom product, JAVA is quick but lethargic platform, Java coding is easy but, the quality of software and performance is very low. JAVA is useful for banking where quality is least concern while security is major concern.


I hope after few years, service provider will understand the difference btwn quality and cheap product.

LOL. You are kidding right?? No wonder no Indian programmer can ever make it to the top 250th place in Google Code Jam.

 

[FairAndUnbiased]

I have worked for huawei so I know its model. Its very sad to see that cheap huawei products are gaining market..

Huawei product are cheap an sub standard, The company doesn't focus on quality. The datasheets are highly manipulated. And the performance is aweful.


Huawei uses JAVA platform for telecom product, JAVA is quick but lethargic platform, Java coding is easy but, the quality of software and performance is very low. JAVA is useful for banking where quality is least concern while security is major concern.

I hope after few years, service provider will understand the difference btwn quality and cheap product.

Huawei doesn't sell to consumers directly. It sells to giant telecom multinationals with billions of dollars in budget. They can afford hundreds or thousands of tests by competent, trained engineers with decades of experience.

If Huawei can "fool" them, then hats off to them.

In telecom, security is a low concern?

 

[ahfatzia]

Huawei doesn't sell to consumers directly. It sells to giant telecom multinationals with billions of dollars in budget. They can afford hundreds or thousands of tests by competent, trained engineers with decades of experience.

If Huawei can "fool" them, then hats off to them.

In telecom, security is a low concern?

Correct, at the end of the day, it is always the customers who pay the bill.

Complains by others are suspicious of their intentions.