Technology Aug 05, 2020 10:48 AM (GMT+8) · EqualOcean
According to Dell'Oro's report, Huawei dominated the global 5G equipment market in 1Q 2020 with a 35.7% market share. ZTE acquired a 13.2% market share in the same period, ranking the fourth among telecommunication device manufacturers, trailing Huawei, Ericsson and Nokia. Comparing to the statistics on 4Q 2019, Huawei increased its market share by 0.4% in the latest quarter. Meanwhile, ZTE added an extra 3%. The continuous business expansion of Huawei and ZTE can be attributable to abundant 5G investment in China.
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