In 2013, Huawei overtook Ericsson to become the world's largest communications equipment maker. In 2010, Huawei overtook Nokia Siemens and Alcatel-Lucent to become the world's second-largest communications equipment maker after Ericsson, and in 2013, Huawei overtook Ericsson to become the world's No. 1 communications equipment provider.
Huawei has the world's largest number of patents on 5G technology and has a say in 5G dominance. Because of Huawei's major research and breakthroughs in 5G, Huawei has been hailed by many media as the "5G overlord".
Expanded:
Based on the data of IHS Markit, the revenue of the worldwide outsourcing market for telecom carriers reached $67 billion in 2017, a slight increase of 1%. by 1 percent. The first outsourcer is still Huawei, with a share of 27%, achieving double-digit growth;
while other outsourcers have different degrees of decline, for example, Ericsson, which occupies the second place, the market share fell to 16%, and it will withdraw, renegotiate or transform in 42 out of nearly 300 hosting contracts, which is the reason for the decline in Ericsson's market share; the third place is Wise &, with a 14 percent market share; fourth is IBM, with a 12 percent market share; and Nokia, which occupies third place in communications equipment, with a 10 percent market share.
Baidu Encyclopedia - Huawei